ETH/ZAR: what to know
The ETH/ZAR rate shows how much ZAR you get for 1 ETH. Right now, 1 ETH buys 38,401.88 ZAR at the mid-market rate. In the other direction, 1 ZAR is worth 0.0000260404 ETH.
In the short term ETH is driven mainly by network activity and crypto-market sentiment, while ZAR responds to commodity prices and risk appetite.
Ethereum popularised programmable “smart contracts”. The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered.
Available archived ETH/ZAR observations within the last 365 days range from 25,719.11 to 71,522.77, with a -45.90% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.