South African Rand to Mexican Peso — ZAR to MXN
ZAR to MXN Converter
ZAR/MXN Rate — Last 30 Days
ZAR edged up 0.47% this week — modest gains, no strong directional signal.
The 7-day average rate is above the 30-day average — recent momentum favors ZAR strengthening vs MXN. Uptrends can persist, but watch for a mean-reversion pullback.
The rate is within the top 20% of its 30-day range — bullish short-term positioning. A break above the high could accelerate momentum.
RSI above 50 means buyers are in control over the recent period. At 61, momentum is moderately bullish — not extreme, suggesting the trend has room to continue without being overextended.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 1.1008 | 1.0818 | 1.0912 |
| 30 days | 1.1058 | 1.0374 | 1.0606 |
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Historical ZAR/MXN Rates by Year
What drives the ZAR/MXN rate?
Whether you're converting ZAR for travel, business, or investment, here's what drives the ZAR to MXN exchange rate. The ZAR/MXN exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best ZAR to MXN rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 ZAR exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.