ZAR/EUR: what to know
The ZAR/EUR rate shows how much EUR you get for 1 ZAR. Right now, 1 ZAR buys 0.0542 EUR at the mid-market rate. In the other direction, 1 EUR is worth 18.4388 ZAR.
In the short term ZAR is driven mainly by commodity prices and risk appetite, while EUR responds to ECB policy and eurozone growth.
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 Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
Available archived ZAR/EUR observations within the last 365 days range from 0.0494 to 0.0541, with a +9.24% 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.