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South African rand to Zambian Kwacha Exchange Rate History - XTransfer

South African rand to Zambian Kwacha Historical Exchange Rates

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

Amount
Result

1 ZAR = 1.15015 ZMW

05:30 Exchange Rate

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1 South African rand to Zambian Kwacha Historical Exchange Rate Trends

1 ZAR = -- ZMW

05:30 Exchange Rate

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

1 South African rand to Zambian Kwacha Data Statistics

This section organizes the historical exchange rate data of 1 ZAR to ZMW, 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
1.15015
1.17871
1.17871
1.27088
Low
1.15015
1.14095
1.10691
1.10448
Average
1.15015
1.15928
1.15257
1.16889

Past 7 days historical exchange rates

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

ZAR to ZMW - Last 7 Days

ZARZARZMWZMW
2026-04-27
1.15015
ZARZARZMWZMW
2026-04-26
1.14256
ZARZARZMWZMW
2026-04-25
1.14256
ZARZARZMWZMW
2026-04-24
1.14095
ZARZARZMWZMW
2026-04-23
1.15629
ZARZARZMWZMW
2026-04-22
1.15774
ZARZARZMWZMW
2026-04-21
1.16091

ZMW to ZAR - Last 7 Days

ZMWZMWZARZAR
2026-04-27
0.86945
ZMWZMWZARZAR
2026-04-26
0.87523
ZMWZMWZARZAR
2026-04-25
0.87523
ZMWZMWZARZAR
2026-04-24
0.87646
ZMWZMWZARZAR
2026-04-23
0.86483
ZMWZMWZARZAR
2026-04-22
0.86375
ZMWZMWZARZAR
2026-04-21
0.86139

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.

ZMWZMW - Zambian Kwacha

The Zambian Kwacha was introduced in 1968, replacing the Rhodesian and Nyasa Rand Pounds. The ZMW is an important part of the Zambian economy, mainly supporting the copper mining industry and agricultural development. In recent years, monetary policy has been committed to controlling inflation and promoting economic stability and growth.

  • Supporting unit:1 Ngwee (1 Kwacha = 100 Ngwee)
  • Denomination of banknotes:2, 5, 10, 20, 50, 100 grams of kwacha
  • Reserve currency:No, it mainly relies on foreign currency reserves such as the US dollar.
  • Banknote material:Paper, featuring multiple anti-counterfeiting technologies.
  • Metal composition:Copper-nickel alloy
  • Currency symbol:ZK
  • Paper currency size:Approximately 140mm × 70mm
  • language:en
  • Main unit:1 Kwacha
  • ISO code:ZMW
  • Currency name:Zambian Kwacha
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Bank of Zambia
  • Safe-haven currency:No, it belongs to emerging market currencies.
  • Coin denomination:5, 10, 50 Ngwee, 1 Kwacha
  • Countries of Use:Zambia
  • Cross-border payment:ZMW cross-border payments are primarily conducted through the SWIFT network, with international trade mainly settled in US dollars.

FAQ

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

To judge the timing for exchanging South African rand to Zambian Kwacha, 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 ZMW. 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 ZMW.

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

The core factor affecting the historical volatility of South African rand to Zambian Kwacha 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 ZMW. 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 Zambian Kwacha.

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

Historically, South African rand against Zambian Kwacha 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 ZMW within an acceptable trade cost range.

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

To evaluate the current level of ZAR to ZMW, 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 Zambian Kwacha 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 Zambian Kwacha?

AI predictions for ZAR to ZMW 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 Zambian Kwacha 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.