CHF/ZAR: what to know
The CHF/ZAR rate shows how much ZAR you get for 1 CHF. Right now, 1 CHF buys 19.9258 ZAR at the mid-market rate. In the other direction, 1 ZAR is worth 0.0502 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while ZAR responds to commodity prices and risk appetite.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. 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 CHF/ZAR observations within the last 365 days range from 19.6526 to 21.9235, with a -8.55% 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.