Current ZAR-NIO mid-market exchange rate

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Today's ZAR-NIO commentary

The ZAR-NIO mid-market exchange rate is currently near its maximal value of the last two weeks. The highest value we saw during the last 14 days was ZAR 1 = NIO 2.4056 (the current rate of ZAR 1 = NIO 2.3943 is only 0.47% less than that), reached. The current high level of the ZAR-NIO exchange rate is in stark contrast with the recent much lower value (ZAR 1 = NIO 2.2963) observed , when exchanging 4,000 ZAR for instance only gave you 9,185.25 NIO (the same transfer converts to 9,577.18 NIO with the current rate, a difference of 391.93 NIO).

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

NIO Profile

Name: Nicaraguan córdoba

Symbol: C$

Minor Unit: 1/100 Centavos

Central Bank: Central Bank of Nicaragua

Country(ies): Nicaragua