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Indian rupee to South African rand Exchange Rate History - XTransfer

Indian rupee to South African rand Historical Exchange Rates

Welcome to the INR to ZAR exchange rate history page. This page contains detailed daily historical exchange rates between INR and ZAR from 2025-3-8 to 2026-05-18, making it easy to look up and reference.

Amount
Result

1 INR = 0.173945 ZAR

02:30 Exchange Rate

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1 Indian rupee to South African rand Historical Exchange Rate Trends

1 INR = -- ZAR

02:30 Exchange Rate

INR - ZAR+0%
7D
1M
3M
Invalid DateInvalid Date

1 Indian rupee to South African rand Data Statistics

This section organizes the historical exchange rate data of 1 INR to ZAR, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
0.173945
0.176301
0.177104
0.183377
Low
0.173945
0.171404
0.171404
0.171404
Average
0.173945
0.173716
0.174808
0.177732

Past 7 days historical exchange rates

Below are the daily average exchange rates of INR to ZAR for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of ZAR to INR, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

INR to ZAR - Last 7 Days

INRINRZARZAR
2026-05-17
0.173945
INRINRZARZAR
2026-05-16
0.173945
INRINRZARZAR
2026-05-15
0.172606
INRINRZARZAR
2026-05-14
0.171404
INRINRZARZAR
2026-05-13
0.172963
INRINRZARZAR
2026-05-12
0.172385
INRINRZARZAR
2026-05-11
0.174086

ZAR to INR - Last 7 Days

ZARZARINRINR
2026-05-17
5.748944
ZARZARINRINR
2026-05-16
5.748944
ZARZARINRINR
2026-05-15
5.793541
ZARZARINRINR
2026-05-14
5.83417
ZARZARINRINR
2026-05-13
5.781583
ZARZARINRINR
2026-05-12
5.800969
ZARZARINRINR
2026-05-11
5.744287

INRINR - Indian Rupee

The Indian rupee is centuries old, with the modern version in use since independence in 1947. The rupee is the foundation of India's large and diverse economy and is widely used in domestic trade, services and the growing digital payments market.

  • Supporting unit:1 rupee = 100 paise, but small denomination coins have largely ceased to be in circulation.
  • Denomination of banknotes:₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000 (some higher denominations have been discontinued but are still in circulation)
  • Reserve currency:No, but it plays a certain role as a regional reserve currency in South Asia.
  • Banknote material:The main material is cotton paper, while some new versions use a polymer blend material, featuring anti-counterfeiting lines, watermarks, micro-printing, and other security features.
  • Metal composition:Steel, stainless steel, nickel-clad steel, copper-nickel alloy, etc.
  • Currency symbol:
  • Paper currency size:For example, ₹500 measures 150mm × 66mm, and different denominations have different sizes.
  • language:en
  • Main unit:1 Rupee
  • ISO code:INR
  • Currency name:Indian Rupee
  • Exchange Rate System:A managed floating exchange rate system, regulated by interventions from the Reserve Bank of India.
  • Central Bank:Reserve Bank of India (RBI)
  • Safe-haven currency:No, it is a currency in a highly volatile emerging market.
  • Coin denomination:₹1, ₹2, ₹5, ₹10, ₹20 (New Polygon Type)
  • Countries of Use:India is an official user of the currency, and countries like Nepal and Bhutan also accept the circulation of the rupee to a certain extent.
  • Cross-border payment:Access to the SWIFT network is widely used for remittances in South Asia and the Middle East, yet transactions in international trade are still predominantly settled in US dollars. In recent years, the Reserve Bank of India has encouraged the establishment of local currency settlement mechanisms with certain countries.

ZARZAR - South African Rand

The rand was issued in 1961 with the establishment of the Republic of South Africa, replacing the South African pound. ZAR is the mainstay currency of the South African economy and is widely used in mining, manufacturing and financial services. As one of the most important currencies in Africa, the rand has a high liquidity in the international market.

  • Supporting unit:1 cent (1 rand = 100 cents)
  • Denomination of banknotes:10, 20, 50, 100, 200 Rand
  • Reserve currency:No, but it has a significant influence in the African region.
  • Banknote material:Paper-based, featuring various anti-counterfeiting designs.
  • Metal composition:Copper-nickel alloy, nickel-plated steel core alloy
  • Currency symbol:R
  • Paper currency size:Approximately 140mm × 70mm
  • language:en
  • Main unit:Rand
  • ISO code:ZAR
  • Currency name:South African Rand
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:South African Reserve Bank
  • Safe-haven currency:No, mainly emerging market currencies.
  • Coin denomination:5, 10, 20, 50 cents; 1, 2, 5 rand.
  • Countries of Use:South Africa, Namibia, Lesotho, Eswatini, and Zimbabwe (partially used)
  • Cross-border payment:The rand is widely circulated in southern Africa, international payments are mostly conducted through the SWIFT network, and cross-border trade often settles in US dollars or euros.

FAQ

Based on the historical patterns of Indian rupee to South African rand, is now a good time to exchange?

To judge the timing for exchanging Indian rupee to South African rand, one must compare current rates with the average over the past year or even five years. If the current Indian rupee rate is well above the historical average, it usually means INR is in a strong period, making it a good window for settlement into ZAR. Conversely, if Indian rupee is at a historical low, it is recommended for exporters to hold INR in batches and avoid the troughs to minimize losses when converting to ZAR.

What are the main reasons affecting the historical volatility of INR to ZAR recently?

The core factor affecting the historical volatility of Indian rupee to South African rand recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of INR tends to increase, leading to a significant rise in its historical exchange rate against ZAR. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for INR, thereby intensifying the frequency of two-way volatility between Indian rupee and South African rand.

Has INR experienced a sharp plunge against ZAR before? How can I protect myself?

Historically, Indian rupee against South African rand has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Indian rupee exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of INR to ZAR within an acceptable trade cost range.

Is the current exchange rate of Indian rupee to South African rand considered a historical high or low?

To evaluate the current level of INR to ZAR, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Indian rupee is approaching a historical resistance level. If the current INR price has broken through highs from years ago, it indicates that INR is at an extreme high; exchanging Indian rupee to South African rand now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Indian rupee to South African rand?

AI predictions for INR to ZAR are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of INR through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Indian rupee to South African rand should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.