The Euro to Rand exchange rate has fallen by -0.5% on Friday afternoon, in the...
"EUR/ZAR" Exchange Rate News
EURO TO SOUTH AFRICAN RAND (EUR/ZAR) EXCHANGE RATE NEWS
Transferring money to South Africa? Secure a better EUR/ZAR exchange rate and make your money go further.
Over the last ten years the Euro to South African Rand (EUR/ZAR) exchange rate has reacted to local and global economic concerns, with the pairing gradually advancing from lows of 7.1668 to highs of 18.8102.
While recession, high unemployment and the potential collapse of the Eurozone took a heavy toll on demand for the Euro, mining strikes, political unrest and slowing demand from China drove the Rand to historic lows against peers like the Euro, Pound and US Dollar.
The Eurozone is one of South Africa’s main trading partners, so slowing growth or output in the currency bloc tends to have a negative impact on the Rand. Other factors which impact EUR/ZAR trading include economic news from China and US fiscal policy.
Euro to Rand Exchange Rate Drops -1.2% on Signs of Franco-German Conflict
The Euro has extended its losses against the South African Rand on Friday's trading session,...
Euro to Rand Exchange Rate Rallies on Strong Production Stats
Near-Record Highs in Eurozone Construction Push EUR/ZAR Exchange Rate Higher The Euro to Rand exchange...
Euro to South African Rand Exchange Rate Tumbles on German Coalition Concerns
Signs of German Coalition Compromise Fail to Boost EUR/ZAR Demand The Euro to Rand exchange...
Euro South African Rand (EUR/ZAR) Rockets Higher as Eurozone Confidence Figures Impress
EUR/ZAR Surges on Back of Upbeat Eurozone Confidence Figures The Euro South African Rand (EUR/ZAR)...
Euro to Rand Exchange Rate Drops as Merkel Faces Loss of Support
The Euro has dropped by -0.5% against the South African Rand (EUR/ZAR) today, following signs...
Strong Eurozone GDP Fails to Enable Euro to Rand Rise
The Euro has seen a -0.3% drop against the South African Rand today, although Eurozone...
Euro to Rand Rate Prints Higher as German Confidence Reaches Record Highs
The Euro has traded higher against the South African Rand today, around a rate of...