ZAR/NZD: what to know
The ZAR/NZD rate shows how much NZD you get for 1 ZAR. Right now, 1 ZAR buys 0.1056 NZD at the mid-market rate. In the other direction, 1 NZD is worth 9.4657 ZAR.
In the short term ZAR is driven mainly by commodity prices and risk appetite, while NZD responds to soft-commodity prices and risk appetite.
The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered. The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin.
Available archived ZAR/NZD observations within the last 365 days range from 0.1005 to 0.1083, with a +4.53% 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.