NZD to ZAR Converter
New Zealand Dollar to South African Rand
New Zealand Dollar to South African Rand (NZD/ZAR)
This page converts the New Zealand Dollar (NZD) used in New Zealand 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 NZD/ZAR rate
The New Zealand Dollar is mainly influenced by Reserve Bank of New Zealand policy and dairy and agricultural export prices. 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 NZD/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 NZD/ZAR figure is a cross rate: the euro value of ZAR divided by the euro value of NZD. 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 NZD to ZAR?
Enter an amount in New Zealand Dollar and the converter multiplies it by the latest daily NZD/ZAR reference rate to show the value in South African Rand. To go the other way, ZAR to NZD, divide by the same rate or use the swap button.
Where does the NZD 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 NZD 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.