WorldTimeFX

ZAR to NZD Converter

South African Rand to New Zealand Dollar

South African Rand to New Zealand Dollar (ZAR/NZD)

This page converts the South African Rand (ZAR) used in South Africa into the New Zealand Dollar (NZD) used in New Zealand. The current rate loads in your browser; type any amount into the converter above to see its value.

What moves the ZAR/NZD rate

The South African Rand is mainly influenced by South African Reserve Bank policy, gold and platinum prices, and global appetite for emerging-market risk. The New Zealand Dollar is mainly influenced by Reserve Bank of New Zealand policy and dairy and agricultural export prices. When these forces push the two currencies in different directions, the ZAR/NZD 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 ZAR/NZD figure is a cross rate: the euro value of NZD divided by the euro value of ZAR. 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 ZAR to NZD?

Enter an amount in South African Rand and the converter multiplies it by the latest daily ZAR/NZD reference rate to show the value in New Zealand Dollar. To go the other way, NZD to ZAR, divide by the same rate or use the swap button.

Where does the ZAR to NZD 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 ZAR to NZD 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 New Zealand Dollar you actually receive is typically a little lower.

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