Current ZAR-SVC mid-market exchange rate

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Today's ZAR-SVC commentary

The interbank rate between the South African rand and the Salvadoran colón is as we're writting quite close to its maximal level of the last 2-week period. Its maximal level during this period was ZAR 1 = SVC 0.6331 (only 1.19% higher than its actual level of ZAR 1 = SVC 0.6256), attained last Wednesday. The high level of the ZAR-SVC exchange rate differs significantly from the much lower value (ZAR 1 = SVC 0.6016) observed on November 13, when sending 4,000 ZAR for example converted into only 2,406.32 SVC (the same amount converts to 2,502.22 SVC with the current rate).

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

SVC Profile

Name: Salvadoran colón

Symbol: $

Minor Unit: 1/100 Centavo

Country(ies): El Salvador

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