ZAR/SGD
Market Open
15 Jun, 12:42
S$
0. 079185
-0.000004
-0.0055%
S$
202,589 Volume
S$ 0.079189
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ZARSGD Overview
ZARSGD denotes the value of the South African rand expressed in Singapore dollars. It indicates how many SGD are required to purchase one unit of ZAR and is used to quote cross‑currency prices between South Africa and Singapore.
The South African rand (ZAR) is the official currency of the Republic of South Africa and is issued by the South African Reserve Bank. The rand functions as the country’s legal tender and is influenced by domestic economic indicators, commodity exports, and regional trade flows.
The Singapore dollar (SGD) serves as the legal currency of the Republic of Singapore and is overseen by the Monetary Authority of Singapore. As the medium of exchange in a major financial and trading hub, the SGD plays a central role in regional liquidity and foreign‑exchange markets.
Movements in the ZARSGD rate are driven by relative supply and demand for each currency and by macroeconomic drivers such as interest‑rate differentials, inflation trends, and central bank policy actions. Geopolitical developments, risk sentiment and commodity price shifts—particularly for resource exporters—also affect the pair’s volatility and direction.
Market participants monitor ZARSGD for trade settlement, hedging exposures between southern Africa and Asia, and speculative opportunities arising from yield and macroeconomic divergences.
The South African rand (ZAR) is the official currency of the Republic of South Africa and is issued by the South African Reserve Bank. The rand functions as the country’s legal tender and is influenced by domestic economic indicators, commodity exports, and regional trade flows.
The Singapore dollar (SGD) serves as the legal currency of the Republic of Singapore and is overseen by the Monetary Authority of Singapore. As the medium of exchange in a major financial and trading hub, the SGD plays a central role in regional liquidity and foreign‑exchange markets.
Movements in the ZARSGD rate are driven by relative supply and demand for each currency and by macroeconomic drivers such as interest‑rate differentials, inflation trends, and central bank policy actions. Geopolitical developments, risk sentiment and commodity price shifts—particularly for resource exporters—also affect the pair’s volatility and direction.
Market participants monitor ZARSGD for trade settlement, hedging exposures between southern Africa and Asia, and speculative opportunities arising from yield and macroeconomic divergences.
ZARSGD Chart
ZARSGD FAQ
What is the current ZAR/SGD price?
The current rate is S$0.079185, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the ZAR/SGD rate changed today?
The rate has changed by -0.000004 (-0.0055%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was S$0.079189, 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/SGD moving up or down?
Movements in ZAR/SGD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (-0.0055%) is based on the difference between the current rate and the previous closing rate.
Is ZAR/SGD trending up or down right now?
If the current rate (S$0.079185) is below the previous close (S$0.079189), 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/SGD directly on this page.
