Today's ZAR to CAD Price Update

Summary

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

Definition

The South African Rand (ZAR) and Canadian Dollar (CAD) are important fiat currencies in their respective regions. The exchange rate between them reflects market dynamics influenced by both emerging market conditions and commodity-linked currency movements, providing insights into relative economic performance and investor sentiment.

Today’s Price

• 1 ZAR = 0.0856 CAD
• 24h High: 0.085862 CAD
• 24h Low: 0.085596 CAD

Market Analysis

The ZAR/CAD pair exhibits neutral technical conditions as of February 28, 2026. Technical analysis of the pair involves examining chart patterns, support and resistance levels, and key indicators.

• Technical indicators: The 14-day Relative Strength Index (RSI) for ZAR/CAD stands at 50.048, indicating a neutral market condition with no clear directional bias
• Risk note: Traders should monitor for potential breakouts from current price levels, as the neutral RSI suggests the pair may be consolidating before a directional move
• Trading opportunities: Watch for confirmation signals from moving averages, MACD, and Stochastics to identify potential entry points in either direction

Conclusion

Continue to monitor the ZAR/CAD pair closely, integrating technical analysis tools and chart patterns to identify trading opportunities. The current neutral sentiment suggests traders should await clearer directional signals before committing to significant positions.