MXN/ZAR: what to know
The MXN/ZAR rate shows how much ZAR you get for 1 MXN. Right now, 1 MXN buys 0.8881 ZAR at the mid-market rate. In the other direction, 1 ZAR is worth 1.1260 MXN.
In the short term MXN is driven mainly by the US economy and capital flows, while ZAR responds to commodity prices and risk appetite.
The Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol. 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 MXN/ZAR observations within the last 365 days range from 0.8759 to 0.9626, with a -4.93% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
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.