ZAR/GHS
Market Open
15 Jun, 11:19
GH¢
0. 687171
+0.006141
+0.9017%
GH¢
1 Volume
GH¢ 0.681029
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ZARGHS Overview
ZARGHS denotes the exchange rate between the South African Rand and the Ghanaian Cedi, expressing how many Ghanaian Cedi (GHS) are required to buy one South African Rand (ZAR). It tracks the value of the base currency (ZAR) when quoted in the quote currency (GHS).
The South African Rand (ZAR) is the official currency of the Republic of South Africa and is widely used across the Southern African region for trade and investment. Banknotes and coins are issued and regulated by the South African Reserve Bank, which oversees monetary policy and currency stability.
The Ghanaian Cedi (GHS) is the national currency of the Republic of Ghana and functions as legal tender for domestic transactions. The Bank of Ghana is responsible for issuing the cedi and for implementing monetary policy aimed at controlling inflation and maintaining financial system stability.
Movements in the ZARGHS rate are determined by currency supply and demand in forex markets, differences in interest rates and inflation between the two economies, central bank interventions, and broader geopolitical or commodity-driven developments. Capital flows, investor risk appetite and trade balances also influence short- and medium-term pricing.
Market participants monitor ZARGHS for purposes such as facilitating bilateral trade, hedging currency exposure, conducting remittances and seeking speculative or arbitrage opportunities tied to macroeconomic shifts.
The South African Rand (ZAR) is the official currency of the Republic of South Africa and is widely used across the Southern African region for trade and investment. Banknotes and coins are issued and regulated by the South African Reserve Bank, which oversees monetary policy and currency stability.
The Ghanaian Cedi (GHS) is the national currency of the Republic of Ghana and functions as legal tender for domestic transactions. The Bank of Ghana is responsible for issuing the cedi and for implementing monetary policy aimed at controlling inflation and maintaining financial system stability.
Movements in the ZARGHS rate are determined by currency supply and demand in forex markets, differences in interest rates and inflation between the two economies, central bank interventions, and broader geopolitical or commodity-driven developments. Capital flows, investor risk appetite and trade balances also influence short- and medium-term pricing.
Market participants monitor ZARGHS for purposes such as facilitating bilateral trade, hedging currency exposure, conducting remittances and seeking speculative or arbitrage opportunities tied to macroeconomic shifts.
ZARGHS Chart
ZARGHS FAQ
What is the current ZAR/GHS price?
The current rate is GH¢0.687171, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the ZAR/GHS rate changed today?
The rate has changed by +0.006141 (+0.9017%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was GH¢0.681029, 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 ZAR/GHS moving up or down?
Movements in ZAR/GHS are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.9017%) is based on the difference between the current rate and the previous closing rate.
Is ZAR/GHS trending up or down right now?
If the current rate (GH¢0.687171) is above the previous close (GH¢0.681029), 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 ZAR/GHS directly on this page.
