ZAR/PHP
Market Open
15 Jun, 12:41
₱
3. 725779
-0.020094
-0.5364%
₱
66,309 Volume
₱ 3.745873
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ZARPHP Overview
ZARPHP denotes the exchange rate expressing how many Philippine Pesos are required to buy one South African Rand. It tracks the relative value of ZAR when quoted against PHP and is used to price transactions between the two currencies.
The South African Rand (ZAR) is the official currency of South Africa and several neighbouring territories. Issued and regulated by the South African Reserve Bank, the rand functions as the primary medium of exchange for a commodity-rich emerging market with significant exposure to mining and export sectors.
The Philippine Peso (PHP) is the national currency of the Republic of the Philippines. Managed by the Bangko Sentral ng Pilipinas, the peso serves as the Philippines’ unit of account and is influenced by domestic economic conditions, remittance flows, and regional trade patterns.
Movements in the ZARPHP rate are driven by currency supply and demand, differences in interest rates, inflation trends, and the monetary policies of the respective central banks. Broader factors such as commodity prices, capital flows, and geopolitical developments can also cause volatility in the pair.
For traders, corporations, and investors, the ZARPHP cross rate matters for hedging foreign-exchange exposure, pricing bilateral trade, and pursuing speculative opportunities tied to emerging-market dynamics.
The South African Rand (ZAR) is the official currency of South Africa and several neighbouring territories. Issued and regulated by the South African Reserve Bank, the rand functions as the primary medium of exchange for a commodity-rich emerging market with significant exposure to mining and export sectors.
The Philippine Peso (PHP) is the national currency of the Republic of the Philippines. Managed by the Bangko Sentral ng Pilipinas, the peso serves as the Philippines’ unit of account and is influenced by domestic economic conditions, remittance flows, and regional trade patterns.
Movements in the ZARPHP rate are driven by currency supply and demand, differences in interest rates, inflation trends, and the monetary policies of the respective central banks. Broader factors such as commodity prices, capital flows, and geopolitical developments can also cause volatility in the pair.
For traders, corporations, and investors, the ZARPHP cross rate matters for hedging foreign-exchange exposure, pricing bilateral trade, and pursuing speculative opportunities tied to emerging-market dynamics.
ZARPHP Chart
ZARPHP FAQ
What is the current ZAR/PHP price?
The current rate is ₱3.725779, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the ZAR/PHP rate changed today?
The rate has changed by -0.020094 (-0.5364%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ₱3.745873, 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/PHP moving up or down?
Movements in ZAR/PHP are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (-0.5364%) is based on the difference between the current rate and the previous closing rate.
Is ZAR/PHP trending up or down right now?
If the current rate (₱3.725779) is below the previous close (₱3.745873), 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/PHP directly on this page.
