CAD to ZAR Converter
Canadian Dollar to South African Rand
Canadian Dollar to South African Rand (CAD/ZAR)
This page converts the Canadian Dollar (CAD) used in Canada into the South African Rand (ZAR) used in South Africa. The current rate loads in your browser; type any amount into the converter above to see its value.
What moves the CAD/ZAR rate
The Canadian Dollar is mainly influenced by Bank of Canada policy and the prices of oil and other commodities Canada exports. The South African Rand is mainly influenced by South African Reserve Bank policy, gold and platinum prices, and global appetite for emerging-market risk. When these forces push the two currencies in different directions, the CAD/ZAR rate moves; when they move together, the rate tends to stay steadier.
How this rate is calculated
Rates are fetched from Frankfurter, which publishes the European Central Bank's daily reference rates (updated once per working day), and from ExchangeRate-API for currencies the ECB does not cover. All rates are stored against the euro, so the CAD/ZAR figure is a cross rate: the euro value of ZAR divided by the euro value of CAD. These are indicative mid-market reference rates and may differ from the rates offered by banks, card issuers and payment providers.
Frequently asked questions
How do I convert CAD to ZAR?
Enter an amount in Canadian Dollar and the converter multiplies it by the latest daily CAD/ZAR reference rate to show the value in South African Rand. To go the other way, ZAR to CAD, divide by the same rate or use the swap button.
Where does the CAD to ZAR rate come from?
Rates come from Frankfurter, which republishes daily European Central Bank reference rates, with ExchangeRate-API filling in currencies the ECB does not publish. They are cached in your browser for up to an hour.
Is this the CAD to ZAR rate my bank will give me?
No. These are mid-market, indicative rates. Banks, card providers and transfer services usually add a margin or fee, so the South African Rand you actually receive is typically a little lower.