Today's ZAR to CAD Price Update

Summary
This article provides real-time exchange rates and volatility information for ZAR to CAD, helping traders quickly grasp market dynamics and potential trading opportunities.

Definition

The South African Rand (ZAR) and the Canadian Dollar (CAD) are both important fiat currencies. The exchange rate between them reflects market perceptions of their relative value and economic conditions in both countries.

Today’s Price

• 1 ZAR = 0.0818 CAD
• 24h High: 0.081916 CAD
• 24h Low: 0.081808 CAD

Market Analysis

Recent ZAR/CAD price movements have shown a relatively stable trend within a narrow range.

• Technical focus: Key support levels at 12.20, 12.16, and 12.11 CAD/ZAR, resistance levels at 12.28, 12.32, and 12.36 CAD/ZAR
• Risk note: Short-term volatility may occur due to economic data releases or geopolitical events
• Trading opportunities: Watch for potential breakouts above 12.28 or below 12.20 CAD/ZAR

Summary

Continue to monitor the ZAR/CAD exchange rate, combining market trends and technical indicators to develop appropriate trading strategies and capitalize on potential opportunities.