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Currency.Wiki
Updated 1 minute ago
 ZAR =
    CNY
 South African Rand =  Chinese Yuan
Trending: R exchange rates for the last 24 hours
  • ZAR/USD 0.053520 -0.00426872
  • ZAR/EUR 0.051554 -0.00197578
  • ZAR/JPY 8.199168 -0.65272756
  • ZAR/GBP 0.042895 -0.00161519
  • ZAR/CHF 0.048431 -0.00200609
  • ZAR/MXN 1.096503 -0.04805713
  • ZAR/INR 4.664378 -0.20757180
  • ZAR/BRL 0.308204 -0.02075671
  • ZAR/CNY 0.389816 -0.02297241

ZAR/CNY exchange rate analysis over the past 90 days

South African Rand to Chinese Yuan exchange rate: Over the last 90 days, the South African Rand weakened by -5.89% against the Chinese Yuan, declining from CN¥0.4128 to CN¥0.3898 per South African Rand. This trend reflects the evolving economic dynamics between the Lesotho, Namibia, South Africa and the China. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Lesotho, Namibia, South Africa and China.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Lesotho, Namibia, South Africa and China.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Lesotho, Namibia, South Africa or China.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Lesotho, Namibia, South Africa relative to the China.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

R

South African Rand Currency

Country: Lesotho, Namibia, South Africa

Symbol: R

ISO Code: ZAR

Bank: South African Reserve Bank

Interesting fact about South African Rand

The South African Rand (ZAR), introduced in 1961, is the official currency of Lesotho, Namibia, and South Africa. It plays a vital role in these countries' economies, facilitating trade and investment. The Rand's history includes movements influenced by economic conditions, political events, and global market trends. Today, it remains a significant currency in the region.

CN¥

Chinese Yuan Currency

Country: China

Symbol: CN¥

ISO Code: CNY

Bank: People's Bank of China

Interesting fact about Chinese Yuan

The Chinese Yuan (CNY) is the official currency of China, issued by the People's Bank of China. It was first introduced in 1948 and has since undergone several reforms to become more market-oriented. The Yuan is significant in China as it plays a crucial role in the country's economic growth and global trade, and it serves as a symbol of China's economic power and influence in the international marketplace.

Quick Conversion Guide

Frequently Asked Questions

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The South African Rand to Chinese Yuan exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 ZAR to CNY is CN¥0.39.
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Yes, our site provides historical charts that show the trends and fluctuations in the South African Rand to Chinese Yuan exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.