ZAR/SEK: what to know
The ZAR/SEK rate shows how much SEK you get for 1 ZAR. Right now, 1 ZAR buys 0.5978 SEK at the mid-market rate. In the other direction, 1 SEK is worth 1.6729 ZAR.
In the short term ZAR is driven mainly by commodity prices and risk appetite, while SEK responds to European growth and euro moves.
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 Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
Available archived ZAR/SEK observations within the last 365 days range from 0.5444 to 0.6095, with a +9.42% 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.