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South African rand to South Korean won Exchange Rate History - XTransfer

South African rand to South Korean won Historical Exchange Rates

Welcome to the ZAR to KRW exchange rate history page. This page contains detailed daily historical exchange rates between ZAR and KRW from 2025-3-8 to 2026-04-27, making it easy to look up and reference.

Amount
Result

1 ZAR = 89.269 KRW

03:30 Exchange Rate

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1 South African rand to South Korean won Historical Exchange Rate Trends

1 ZAR = -- KRW

03:30 Exchange Rate

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

1 South African rand to South Korean won Data Statistics

This section organizes the historical exchange rate data of 1 ZAR to KRW, 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
89.269
90.556
90.556
91.5768
Low
89.269
89.269
88.0294
88.0294
Average
89.269
89.8786
89.5742
89.7423

Past 7 days historical exchange rates

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

ZAR to KRW - Last 7 Days

ZARZARKRWKRW
2026-04-27
89.269
ZARZARKRWKRW
2026-04-26
89.269
ZARZARKRWKRW
2026-04-25
89.3814
ZARZARKRWKRW
2026-04-24
89.552
ZARZARKRWKRW
2026-04-23
89.7751
ZARZARKRWKRW
2026-04-22
90.0134
ZARZARKRWKRW
2026-04-21
89.869

KRW to ZAR - Last 7 Days

KRWKRWZARZAR
2026-04-27
0.011
KRWKRWZARZAR
2026-04-26
0.011
KRWKRWZARZAR
2026-04-25
0.0112
KRWKRWZARZAR
2026-04-24
0.011
KRWKRWZARZAR
2026-04-23
0.0111
KRWKRWZARZAR
2026-04-22
0.0111
KRWKRWZARZAR
2026-04-21
0.011

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.

KRWKRW - won

The won was introduced in 1945 to accompany the economic development of the South after the division of the Korean Peninsula. As the currency of a global technology and manufacturing powerhouse, the won has a high degree of international competitiveness, reflecting the rapid modernization of the Korean economy.

  • Supporting unit:No actual circulating auxiliary currency.
  • Denomination of banknotes:1000, 5000, 10000, 50000 yuan
  • Reserve currency:Yes, it is one of the major reserve currencies in Asia.
  • Banknote material:Paper with watermark and multiple anti-counterfeiting designs
  • Metal composition:Copper-nickel alloys, stainless steel, etc.
  • Currency symbol:
  • Paper currency size:For example, 50,000 yuan is approximately 154mm × 68mm.
  • language:en
  • Main unit:1 Won
  • ISO code:KRW
  • Currency name:South Korean Won
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Bank of Korea
  • Safe-haven currency:No, it fluctuates significantly but remains relatively stable.
  • Coin denomination:1, 5, 10, 50, 100, 500 yuan
  • Countries of Use:South Korea is the only country where it is officially used.
  • Cross-border payment:International remittances are supported through the SWIFT network, and the South Korean won is widely used in Asian trade, often paired with the US dollar and euro for international payments.

FAQ

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

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

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

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

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

Historically, South African rand against South Korean won has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against South African rand 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 ZAR to KRW within an acceptable trade cost range.

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

To evaluate the current level of ZAR to KRW, 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 South African rand is approaching a historical resistance level. If the current ZAR price has broken through highs from years ago, it indicates that ZAR is at an extreme high; exchanging South African rand to South Korean won now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for South African rand to South Korean won?

AI predictions for ZAR to KRW are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of ZAR through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for South African rand to South Korean won 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.