Convert Canadian Dollar to South African Rand
Convert Canadian Dollar (CAD) to South African Rand (ZAR) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About Canadian Dollar
The Canadian Dollar (CAD), nicknamed the "Loonie" after the loon bird on the one-dollar coin, was introduced in 1858 and has been the official currency of Canada since Confederation in 1867. It is the sixth most traded currency in global foreign exchange markets. Canada's economy is among the world's ten largest and is closely integrated with the US economy under the USMCA (formerly NAFTA) agreement. The Bank of Canada manages monetary policy with a floating exchange rate.
About South African Rand
The South African Rand (ZAR) is the official currency of South Africa, taking its name from the Witwatersrand (White Waters Ridge), the major gold reef that underpins the Johannesburg metropolitan area and made South Africa the world's leading gold producer for much of the 20th century. Introduced in 1961 when South Africa became a republic, the rand replaced the South African pound. The South African Reserve Bank (SARB) manages monetary policy with a floating exchange rate.
Quick Reference Table
| Canadian Dollar (CAD) | South African Rand (ZAR) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).