Currency.Wiki
Updated 6 minutes ago
 ZAR =
    EUR
 South African Rand =  Euros
Trending: R exchange rates for the last 24 hours
  • ZAR/USD 0.054591 -0.00261674
  • ZAR/EUR 0.052345 0.00108151
  • ZAR/JPY 8.540413 0.29890721
  • ZAR/GBP 0.043426 0.00045243
  • ZAR/CHF 0.048798 0.00011152
  • ZAR/MXN 1.096249 -0.01269130
  • ZAR/INR 4.637602 -0.13813599
  • ZAR/BRL 0.332238 0.01748036
  • ZAR/CNY 0.398314 -0.00510560

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 strengthened by 2.07% against the Euro, moving from €0.0513 to €0.0523 per South African Rand. This trend reflects the evolving economic dynamics between the Lesotho, Namibia, South Africa and the European Union. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Lesotho, Namibia, South Africa and European Union.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Lesotho, Namibia, South Africa and European Union.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Lesotho, Namibia, South Africa or European Union.
  • Global Influences: Broader economic or geopolitical events that can impact both the Lesotho, Namibia, South Africa and the European Union.

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

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.

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.

Quick Conversion Guide

Frequently Asked Questions

+
The South African Rand to Euro exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
+
Today conversion rate from 1 ZAR to EUR is €0.05.
+
Yes, our site provides historical charts that show the trends and fluctuations in the South African Rand to Euro exchange rate over different time periods.
+
While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
+
The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.