About this pair
UAH/ZAR: what to know
The UAH/ZAR rate shows how much ZAR you get for 1 UAH. Right now, 1 UAH buys 0.3637 ZAR at the mid-market rate. In the other direction, 1 ZAR is worth 2.7497 UAH.
In the short term UAH is driven mainly by the economic situation and international support, while ZAR responds to commodity prices and risk appetite.
The Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus. The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.