ZAR/EUR exchange rate analysis over the past 90 days
South African Rand to Euro exchange rate: Over the last 90 days, the South African Rand weakened by -3.83% against the Euro, declining from €0.0535 to €0.0516 per South African Rand. This trend reflects the evolving economic dynamics between the Lesotho, Namibia, South Africa and the European Union. Factors contributing to this weakening may include:
- Trade Imbalances: Disparities in trade and investment between Lesotho, Namibia, South Africa and European Union.
- Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Lesotho, Namibia, South Africa and European Union.
- Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Lesotho, Namibia, South Africa or European Union.
- Global Pressures: External economic or geopolitical events that may unfavorably impact the Lesotho, Namibia, South Africa relative to the European Union.
The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.
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.
Euro Currency
Country: European Union
Symbol: €
ISO Code: EUR
Bank: European Central Bank
Interesting fact about Euro
The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.
R1 South African Rand | € 0.05 Euros |
R10 South African Rand | € 0.52 Euros |
R20 South African Rand | € 1.03 Euros |
R30 South African Rand | € 1.55 Euros |
R40 South African Rand | € 2.06 Euros |
R50 South African Rand | € 2.58 Euros |
R60 South African Rand | € 3.09 Euros |
R70 South African Rand | € 3.61 Euros |
R80 South African Rand | € 4.12 Euros |
R90 South African Rand | € 4.64 Euros |
R100 South African Rand | € 5.16 Euros |
R200 South African Rand | € 10.31 Euros |
R300 South African Rand | € 15.47 Euros |
R400 South African Rand | € 20.62 Euros |
R500 South African Rand | € 25.78 Euros |
R600 South African Rand | € 30.93 Euros |
R700 South African Rand | € 36.09 Euros |
R800 South African Rand | € 41.24 Euros |
R900 South African Rand | € 46.4 Euros |
R1000 South African Rand | € 51.55 Euros |
R2000 South African Rand | € 103.11 Euros |
R3000 South African Rand | € 154.66 Euros |
R4000 South African Rand | € 206.21 Euros |
R5000 South African Rand | € 257.77 Euros |
€1 Euro | R 19.4 South African Rand |
€10 Euros | R 193.97 South African Rand |
€20 Euros | R 387.95 South African Rand |
€30 Euros | R 581.92 South African Rand |
€40 Euros | R 775.9 South African Rand |
€50 Euros | R 969.87 South African Rand |
€60 Euros | R 1163.85 South African Rand |
€70 Euros | R 1357.82 South African Rand |
€80 Euros | R 1551.8 South African Rand |
€90 Euros | R 1745.77 South African Rand |
€100 Euros | R 1939.75 South African Rand |
€200 Euros | R 3879.5 South African Rand |
€300 Euros | R 5819.24 South African Rand |
€400 Euros | R 7758.99 South African Rand |
€500 Euros | R 9698.74 South African Rand |
€600 Euros | R 11638.49 South African Rand |
€700 Euros | R 13578.24 South African Rand |
€800 Euros | R 15517.99 South African Rand |
€900 Euros | R 17457.73 South African Rand |
€1000 Euros | R 19397.48 South African Rand |
€2000 Euros | R 38794.97 South African Rand |
€3000 Euros | R 58192.45 South African Rand |
€4000 Euros | R 77589.93 South African Rand |
€5000 Euros | R 96987.41 South African Rand |