ZAR/CHF: what to know
The ZAR/CHF rate shows how much CHF you get for 1 ZAR. Right now, 1 ZAR buys 0.0502 CHF at the mid-market rate. In the other direction, 1 CHF is worth 19.9253 ZAR.
In the short term ZAR is driven mainly by commodity prices and risk appetite, while CHF responds to safe-haven demand and SNB policy.
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 Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Available archived ZAR/CHF observations within the last 365 days range from 0.0456 to 0.0509, with a +9.34% 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.