XAG/ZAR: what to know
The XAG/ZAR rate shows how much ZAR you get for 1 XAG. Right now, 1 XAG buys 898.5639 ZAR at the mid-market rate. In the other direction, 1 ZAR is worth 0.00111289 XAG.
In the short term XAG is driven mainly by industrial demand and precious-metal trends, while ZAR responds to commodity prices and risk appetite.
“XAG” uses silver’s Latin symbol Ag (argentum). 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 XAG/ZAR observations within the last 365 days range from 897.3908 to 1,090.34, with a -15.66% 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 precious metal, the rate reflects global bullion prices per troy ounce. 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.