Today's ZAR to MXN Price Update

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Summary

This report provides the real-time exchange rate between the South African Rand (ZAR) and the Mexican Peso (MXN), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The South African Rand (ZAR) is the official currency of South Africa, while the Mexican Peso (MXN) is the primary fiat currency of Mexico. The exchange rate between them reflects market sentiment toward both emerging market currencies and the relative economic conditions of their respective regions.

Today’s Price

  • 1 ZAR = 1.07 MXN
  • 24h High: 1.0809 MXN
  • 24h Low: 1.0734 MXN

Market Analysis

The ZAR/MXN pair is currently trading at 1.0792, showing modest intraday volatility within a narrow range of approximately 75 basis points.

  • Technical levels: Key support near 1.0734 MXN, resistance at 1.0809 MXN
  • Risk note: Emerging market currency pairs remain sensitive to broader risk sentiment and external economic shocks
  • Trading opportunities: Monitor price action around the 1.0750–1.0800 MXN zone for potential range-bound trading strategies

Conclusion

Continue to monitor the ZAR/MXN pair closely, incorporating technical support and resistance levels into your trading approach to identify optimal entry and exit points.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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