EUR/ZAR: what to know
The EUR/ZAR rate shows how much ZAR you get for 1 EUR. Right now, 1 EUR buys 18.4455 ZAR at the mid-market rate. In the other direction, 1 ZAR is worth 0.0542 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while ZAR responds to commodity prices and risk appetite.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. 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 EUR/ZAR observations within the last 365 days range from 18.4682 to 20.2309, with a -8.46% 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.