Current ZAR-KRW mid-market exchange rate

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Exchange rate

Today's ZAR-KRW commentary

The current ZAR-KRW interbank rate is at the moment quite close to its maximal value of the past 14 days. Its strongest level we saw during the last two weeks was ZAR 1 = KRW 82.0907 (only 0.38% more than its actual value of ZAR 1 = KRW 81.7778), attained last Wednesday. This high level of the ZAR-KRW exchange rate is in strong contrast with the recent much lower level (ZAR 1 = KRW 78.5722) recorded on January 4, when a transfer of 4,000 ZAR for example only gave you 314,288.72 KRW (the exact same transfer is equal to 327,111.04 KRW at the moment, which is a difference of 12,822.33 KRW).

ZAR Profile

Name: South African rand

Symbol: R

Minor Unit: 1/100 Cent

Central Bank: South African Reserve Bank

Country(ies): Lesotho, Namibia, South Africa

Rank in the most traded currencies: #20

KRW Profile

Name: South Korean won


Minor Unit: 1/100 Jeon

Central Bank: The Bank of Korea

Rank in the most traded currencies: #15