INR/ZAR
Market Open
15 Jun, 08:29
R
0. 170751
+0.000241
+0.1412%
R
38,578 Volume
R 0.17051
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INRZAR Overview
INRZAR denotes the exchange rate between the Indian Rupee (INR) and the South African Rand (ZAR), indicating how many rand one rupee can purchase. The pair is quoted in financial markets to show the relative value of India’s currency versus South Africa’s.
The rupee is India’s official unit of account, used across the Republic of India for domestic and international transactions. Issued and regulated by the Reserve Bank of India, INR is influenced by the country’s macroeconomic performance, monetary policy and foreign exchange reserves.
The rand is the legal tender of South Africa and circulates domestically as well as in some neighboring regions. The South African Reserve Bank manages ZAR, overseeing monetary policy, inflation targeting and financial-system stability.
Fluctuations in the INRZAR rate are determined by supply and demand dynamics in FX markets, and by differing interest rates, inflation trends and central bank policies in each country. Geopolitical events, commodity-price movements and cross-border capital flows also affect the pair’s relative strength.
Traders, corporates and investors track INRZAR for trade settlement, hedging currency risk and speculative opportunities, using the pair to manage exposure to economic divergence between India and South Africa.
The rupee is India’s official unit of account, used across the Republic of India for domestic and international transactions. Issued and regulated by the Reserve Bank of India, INR is influenced by the country’s macroeconomic performance, monetary policy and foreign exchange reserves.
The rand is the legal tender of South Africa and circulates domestically as well as in some neighboring regions. The South African Reserve Bank manages ZAR, overseeing monetary policy, inflation targeting and financial-system stability.
Fluctuations in the INRZAR rate are determined by supply and demand dynamics in FX markets, and by differing interest rates, inflation trends and central bank policies in each country. Geopolitical events, commodity-price movements and cross-border capital flows also affect the pair’s relative strength.
Traders, corporates and investors track INRZAR for trade settlement, hedging currency risk and speculative opportunities, using the pair to manage exposure to economic divergence between India and South Africa.
INRZAR Chart
INRZAR FAQ
What is the current INR/ZAR price?
The current rate is R0.170751, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the INR/ZAR rate changed today?
The rate has changed by +0.000241 (+0.1412%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was R0.170510, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is INR/ZAR moving up or down?
Movements in INR/ZAR are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.1412%) is based on the difference between the current rate and the previous closing rate.
Is INR/ZAR trending up or down right now?
If the current rate (R0.170751) is above the previous close (R0.170510), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for INR/ZAR directly on this page.
