ZAR to CAD Exchange Rate

As of 2026-10-26, 1 ZAR = 0.084361 CAD (mid-market). Over the past 30 days it has ranged from 0.084322 to 0.086617.

ZAR: South Africa maintains a freely floating exchange rate: the South African Reserve Bank "adheres to a floating exchange rate policy, where the nominal exchange rate is determined by market forces", intervening to smooth abrupt and severe exchange-rate adjustments, to support orderly functioning of the foreign exchange market, and for financial-stability reasons. Monetary policy is anchored by an inflation target of 3% with a one-percentage-point tolerance band (revised 2025), not by any exchange-rate objective. CAD: The Canadian dollar floats freely: the Bank of Canada states that the flexible exchange rate, or floating dollar, permits an independent monetary policy aimed at its 2% inflation-control target, and that the dollar's value is not fixed to any other currency or to gold. The dollar has floated continuously since 31 May 1970.