ZAR/MXN exchange rate analysis over the past 90 days
South African Rand to Mexican Peso exchange rate: Over the last 90 days, the South African Rand weakened by -4.39% against the Mexican Peso, declining from MX$1.1446 to MX$1.0965 per South African Rand. This trend reflects the evolving economic dynamics between the Lesotho, Namibia, South Africa and the Mexico. Factors contributing to this weakening may include:
- Trade Imbalances: Disparities in trade and investment between Lesotho, Namibia, South Africa and Mexico.
- Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Lesotho, Namibia, South Africa and Mexico.
- Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Lesotho, Namibia, South Africa or Mexico.
- Global Pressures: External economic or geopolitical events that may unfavorably impact the Lesotho, Namibia, South Africa relative to the Mexico.
The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.
South African Rand Currency
Country: Lesotho, Namibia, South Africa
Symbol: R
ISO Code: ZAR
Bank: South African Reserve Bank
Interesting fact about South African Rand
The South African Rand (ZAR), introduced in 1961, is the official currency of Lesotho, Namibia, and South Africa. It plays a vital role in these countries' economies, facilitating trade and investment. The Rand's history includes movements influenced by economic conditions, political events, and global market trends. Today, it remains a significant currency in the region.
Mexican Peso Currency
Country: Mexico
Symbol: MX$
ISO Code: MXN
Bank: Bank of Mexico
Interesting fact about Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico. It has a rich history dating back to the colonial era. The peso has played a significant role in Mexico's economy, serving as a symbol of national identity and reflecting the country's economic ups and downs. Today, it is widely accepted and used for daily transactions and international trade.
R1 South African Rand | MX$ 1.1 Mexican Pesos |
R10 South African Rand | MX$ 10.96 Mexican Pesos |
R20 South African Rand | MX$ 21.93 Mexican Pesos |
R30 South African Rand | MX$ 32.89 Mexican Pesos |
R40 South African Rand | MX$ 43.86 Mexican Pesos |
R50 South African Rand | MX$ 54.82 Mexican Pesos |
R60 South African Rand | MX$ 65.79 Mexican Pesos |
R70 South African Rand | MX$ 76.75 Mexican Pesos |
R80 South African Rand | MX$ 87.72 Mexican Pesos |
R90 South African Rand | MX$ 98.68 Mexican Pesos |
R100 South African Rand | MX$ 109.65 Mexican Pesos |
R200 South African Rand | MX$ 219.3 Mexican Pesos |
R300 South African Rand | MX$ 328.94 Mexican Pesos |
R400 South African Rand | MX$ 438.59 Mexican Pesos |
R500 South African Rand | MX$ 548.24 Mexican Pesos |
R600 South African Rand | MX$ 657.89 Mexican Pesos |
R700 South African Rand | MX$ 767.53 Mexican Pesos |
R800 South African Rand | MX$ 877.18 Mexican Pesos |
R900 South African Rand | MX$ 986.83 Mexican Pesos |
R1000 South African Rand | MX$ 1096.48 Mexican Pesos |
R2000 South African Rand | MX$ 2192.95 Mexican Pesos |
R3000 South African Rand | MX$ 3289.43 Mexican Pesos |
R4000 South African Rand | MX$ 4385.9 Mexican Pesos |
R5000 South African Rand | MX$ 5482.38 Mexican Pesos |
MX$1 Mexican Peso | R 0.91 South African Rand |
MX$10 Mexican Pesos | R 9.12 South African Rand |
MX$20 Mexican Pesos | R 18.24 South African Rand |
MX$30 Mexican Pesos | R 27.36 South African Rand |
MX$40 Mexican Pesos | R 36.48 South African Rand |
MX$50 Mexican Pesos | R 45.6 South African Rand |
MX$60 Mexican Pesos | R 54.72 South African Rand |
MX$70 Mexican Pesos | R 63.84 South African Rand |
MX$80 Mexican Pesos | R 72.96 South African Rand |
MX$90 Mexican Pesos | R 82.08 South African Rand |
MX$100 Mexican Pesos | R 91.2 South African Rand |
MX$200 Mexican Pesos | R 182.4 South African Rand |
MX$300 Mexican Pesos | R 273.6 South African Rand |
MX$400 Mexican Pesos | R 364.81 South African Rand |
MX$500 Mexican Pesos | R 456.01 South African Rand |
MX$600 Mexican Pesos | R 547.21 South African Rand |
MX$700 Mexican Pesos | R 638.41 South African Rand |
MX$800 Mexican Pesos | R 729.61 South African Rand |
MX$900 Mexican Pesos | R 820.81 South African Rand |
MX$1000 Mexican Pesos | R 912.01 South African Rand |
MX$2000 Mexican Pesos | R 1824.03 South African Rand |
MX$3000 Mexican Pesos | R 2736.04 South African Rand |
MX$4000 Mexican Pesos | R 3648.05 South African Rand |
MX$5000 Mexican Pesos | R 4560.07 South African Rand |