ZAR/XAG: what to know
The ZAR/XAG rate shows how much XAG you get for 1 ZAR. Right now, 1 ZAR buys 0.00111316 XAG at the mid-market rate. In the other direction, 1 XAG is worth 898.3411 ZAR.
In the short term ZAR is driven mainly by commodity prices and risk appetite, while XAG responds to industrial demand and precious-metal trends.
The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered. “XAG” uses silver’s Latin symbol Ag (argentum).
Available archived ZAR/XAG observations within the last 365 days range from 0.000917143 to 0.00111434, with a +18.56% 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.