20 ZAR = 60.58 PHP
21 ZAR = 63.61 PHP. 22 ZAR = 66.63 PHP. 23 ZAR = 69.66 PHP. 24 ZAR = 72.69 PHP. 25 ZAR = 75.72 PHP. 26 ZAR = 78.75 PHP. 27 ZAR = 81.78 PHP. 28 ZAR = 84.81 PHP. 29 ZAR = 87.84 PHP.
30 ZAR = 90.86 PHP
31 ZAR = 93.89 PHP. 32 ZAR = 96.92 PHP. 33 ZAR = 99.95 PHP. 34 ZAR = 102.98 PHP. 35 ZAR = 106.01 PHP. 36 ZAR = 109.04 PHP. 37 ZAR = 112.07 PHP. 38 ZAR = 115.09 PHP. 39 ZAR = 118.12 PHP.
40 ZAR = 121.15 PHP
41 ZAR = 124.18 PHP. 42 ZAR = 127.21 PHP. 43 ZAR = 130.24 PHP. 44 ZAR = 133.27 PHP. 45 ZAR = 136.30 PHP. 46 ZAR = 139.33 PHP. 47 ZAR = 142.35 PHP. 48 ZAR = 145.38 PHP. 49 ZAR = 148.41 PHP.
50 ZAR = 151.44 PHP
51 ZAR = 154.47 PHP. 52 ZAR = 157.50 PHP. 53 ZAR = 160.53 PHP. 54 ZAR = 163.56 PHP. 55 ZAR = 166.58 PHP. 56 ZAR = 169.61 PHP. 57 ZAR = 172.64 PHP. 58 ZAR = 175.67 PHP. 59 ZAR = 178.70 PHP.
60 ZAR = 181.73 PHP
61 ZAR = 184.76 PHP. 62 ZAR = 187.79 PHP. 63 ZAR = 190.82 PHP. 64 ZAR = 193.84 PHP. 65 ZAR = 196.87 PHP. 66 ZAR = 199.90 PHP. 67 ZAR = 202.93 PHP. 68 ZAR = 205.96 PHP. 69 ZAR = 208.99 PHP.
70 ZAR = 212.02 PHP
71 ZAR = 215.05 PHP. 72 ZAR = 218.07 PHP. 73 ZAR = 221.10 PHP. 74 ZAR = 224.13 PHP. 75 ZAR = 227.16 PHP. 76 ZAR = 230.19 PHP. 77 ZAR = 233.22 PHP. 78 ZAR = 236.25 PHP. 79 ZAR = 239.28 PHP.
80 ZAR = 242.30 PHP
81 ZAR = 245.33 PHP. 82 ZAR = 248.36 PHP. 83 ZAR = 251.39 PHP. 84 ZAR = 254.42 PHP. 85 ZAR = 257.45 PHP. 86 ZAR = 260.48 PHP. 87 ZAR = 263.51 PHP. 88 ZAR = 266.54 PHP. 89 ZAR = 269.56 PHP.
90 ZAR = 272.59 PHP
91 ZAR = 275.62 PHP. 92 ZAR = 278.65 PHP. 93 ZAR = 281.68 PHP. 94 ZAR = 284.71 PHP. 95 ZAR = 287.74 PHP. 96 ZAR = 290.77 PHP. 97 ZAR = 293.79 PHP. 98 ZAR = 296.82 PHP. 99 ZAR = 299.85 PHP.
100 ZAR = 302.88 PHP
110 ZAR = 333.17 PHP. 120 ZAR = 363.46 PHP. 130 ZAR = 393.75 PHP. 140 ZAR = 424.03 PHP. 150 ZAR = 454.32 PHP. 160 ZAR = 484.61 PHP. 170 ZAR = 514.90 PHP. 180 ZAR = 545.19 PHP. 190 ZAR = 575.47 PHP.
200 ZAR = 605.76 PHP
210 ZAR = 636.05 PHP. 220 ZAR = 666.34 PHP. 230 ZAR = 696.63 PHP. 240 ZAR = 726.91 PHP. 250 ZAR = 757.20 PHP. 260 ZAR = 787.49 PHP. 270 ZAR = 817.78 PHP. 280 ZAR = 848.07 PHP. 290 ZAR = 878.35 PHP.
300 ZAR = 908.64 PHP
310 ZAR = 938.93 PHP. 320 ZAR = 969.22 PHP. 330 ZAR = 999.51 PHP. 340 ZAR = 1,029.80 PHP. 350 ZAR = 1,060.08 PHP. 360 ZAR = 1,090.37 PHP. 370 ZAR = 1,120.66 PHP. 380 ZAR = 1,150.95 PHP. 390 ZAR = 1,181.24 PHP.
400 ZAR = 1,211.52 PHP
410 ZAR = 1,241.81 PHP. 420 ZAR = 1,272.10 PHP. 430 ZAR = 1,302.39 PHP. 440 ZAR = 1,332.68 PHP. 450 ZAR = 1,362.96 PHP. 460 ZAR = 1,393.25 PHP. 470 ZAR = 1,423.54 PHP. 480 ZAR = 1,453.83 PHP. 490 ZAR = 1,484.12 PHP.
500 ZAR = 1,514.41 PHP
510 ZAR = 1,544.69 PHP. 520 ZAR = 1,574.98 PHP. 530 ZAR = 1,605.27 PHP. 540 ZAR = 1,635.56 PHP. 550 ZAR = 1,665.85 PHP. 560 ZAR = 1,696.13 PHP. 570 ZAR = 1,726.42 PHP. 580 ZAR = 1,756.71 PHP. 590 ZAR = 1,787.00 PHP.
600 ZAR = 1,817.29 PHP
610 ZAR = 1,847.57 PHP. 620 ZAR = 1,877.86 PHP. 630 ZAR = 1,908.15 PHP. 640 ZAR = 1,938.44 PHP. 650 ZAR = 1,968.73 PHP. 660 ZAR = 1,999.01 PHP. 670 ZAR = 2,029.30 PHP. 680 ZAR = 2,059.59 PHP. 690 ZAR = 2,089.88 PHP.
700 ZAR = 2,120.17 PHP
710 ZAR = 2,150.46 PHP. 720 ZAR = 2,180.74 PHP. 730 ZAR = 2,211.03 PHP. 740 ZAR = 2,241.32 PHP. 750 ZAR = 2,271.61 PHP. 760 ZAR = 2,301.90 PHP. 770 ZAR = 2,332.18 PHP. 780 ZAR = 2,362.47 PHP. 790 ZAR = 2,392.76 PHP.
800 ZAR = 2,423.05 PHP
810 ZAR = 2,453.34 PHP. 820 ZAR = 2,483.62 PHP. 830 ZAR = 2,513.91 PHP. 840 ZAR = 2,544.20 PHP. 850 ZAR = 2,574.49 PHP. 860 ZAR = 2,604.78 PHP. 870 ZAR = 2,635.06 PHP. 880 ZAR = 2,665.35 PHP. 890 ZAR = 2,695.64 PHP.
900 ZAR = 2,725.93 PHP
910 ZAR = 2,756.22 PHP. 920 ZAR = 2,786.51 PHP. 930 ZAR = 2,816.79 PHP. 940 ZAR = 2,847.08 PHP. 950 ZAR = 2,877.37 PHP. 960 ZAR = 2,907.66 PHP. 970 ZAR = 2,937.95 PHP. 980 ZAR = 2,968.23 PHP. 990 ZAR = 2,998.52 PHP.
1000 ZAR = 3,028.81 PHP
1100 ZAR = 3,331.69 PHP. 1200 ZAR = 3,634.57 PHP. 1300 ZAR = 3,937.45 PHP. 1400 ZAR = 4,240.33 PHP. 1500 ZAR = 4,543.22 PHP. 1600 ZAR = 4,846.10 PHP. 1700 ZAR = 5,148.98 PHP. 1800 ZAR = 5,451.86 PHP. 1900 ZAR = 5,754.74 PHP.
2000 ZAR = 6,057.62 PHP
2100 ZAR = 6,360.50 PHP. 2200 ZAR = 6,663.38 PHP. 2300 ZAR = 6,966.26 PHP. 2400 ZAR = 7,269.14 PHP. 2500 ZAR = 7,572.03 PHP. 2600 ZAR = 7,874.91 PHP. 2700 ZAR = 8,177.79 PHP. 2800 ZAR = 8,480.67 PHP. 2900 ZAR = 8,783.55 PHP.
3000 ZAR = 9,086.43 PHP
3100 ZAR = 9,389.31 PHP. 3200 ZAR = 9,692.19 PHP. 3300 ZAR = 9,995.07 PHP. 3400 ZAR = 10,297.95 PHP. 3500 ZAR = 10,600.84 PHP. 3600 ZAR = 10,903.72 PHP. 3700 ZAR = 11,206.60 PHP. 3800 ZAR = 11,509.48 PHP. 3900 ZAR = 11,812.36 PHP.
4000 ZAR = 12,115.24 PHP
4100 ZAR = 12,418.12 PHP. 4200 ZAR = 12,721.00 PHP. 4300 ZAR = 13,023.88 PHP. 4400 ZAR = 13,326.77 PHP. 4500 ZAR = 13,629.65 PHP. 4600 ZAR = 13,932.53 PHP. 4700 ZAR = 14,235.41 PHP. 4800 ZAR = 14,538.29 PHP. 4900 ZAR = 14,841.17 PHP.
5000 ZAR = 15,144.05 PHP
5100 ZAR = 15,446.93 PHP. 5200 ZAR = 15,749.81 PHP. 5300 ZAR = 16,052.69 PHP. 5400 ZAR = 16,355.58 PHP. 5500 ZAR = 16,658.46 PHP. 5600 ZAR = 16,961.34 PHP. 5700 ZAR = 17,264.22 PHP. 5800 ZAR = 17,567.10 PHP. 5900 ZAR = 17,869.98 PHP.
6000 ZAR = 18,172.86 PHP
6100 ZAR = 18,475.74 PHP. 6200 ZAR = 18,778.62 PHP. 6300 ZAR = 19,081.50 PHP. 6400 ZAR = 19,384.39 PHP. 6500 ZAR = 19,687.27 PHP. 6600 ZAR = 19,990.15 PHP. 6700 ZAR = 20,293.03 PHP. 6800 ZAR = 20,595.91 PHP. 6900 ZAR = 20,898.79 PHP.
7000 ZAR = 21,201.67 PHP
7100 ZAR = 21,504.55 PHP. 7200 ZAR = 21,807.43 PHP. 7300 ZAR = 22,110.31 PHP. 7400 ZAR = 22,413.20 PHP. 7500 ZAR = 22,716.08 PHP. 7600 ZAR = 23,018.96 PHP. 7700 ZAR = 23,321.84 PHP. 7800 ZAR = 23,624.72 PHP. 7900 ZAR = 23,927.60 PHP.
8000 ZAR = 24,230.48 PHP
8100 ZAR = 24,533.36 PHP. 8200 ZAR = 24,836.24 PHP. 8300 ZAR = 25,139.13 PHP. 8400 ZAR = 25,442.01 PHP. 8500 ZAR = 25,744.89 PHP. 8600 ZAR = 26,047.77 PHP. 8700 ZAR = 26,350.65 PHP. 8800 ZAR = 26,653.53 PHP. 8900 ZAR = 26,956.41 PHP.
9000 ZAR = 27,259.29 PHP
9100 ZAR = 27,562.17 PHP. 9200 ZAR = 27,865.05 PHP. 9300 ZAR = 28,167.94 PHP. 9400 ZAR = 28,470.82 PHP. 9500 ZAR = 28,773.70 PHP. 9600 ZAR = 29,076.58 PHP. 9700 ZAR = 29,379.46 PHP. 9800 ZAR = 29,682.34 PHP. 9900 ZAR = 29,985.22 PHP.
10000 ZAR = 30,288.10 PHP
10100 ZAR = 30,590.98 PHP. 10200 ZAR = 30,893.86 PHP. 10300 ZAR = 31,196.75 PHP. 10400 ZAR = 31,499.63 PHP. 10500 ZAR = 31,802.51 PHP. 10600 ZAR = 32,105.39 PHP. 10700 ZAR = 32,408.27 PHP. 10800 ZAR = 32,711.15 PHP. 10900 ZAR = 33,014.03 PHP.
11000 ZAR = 33,316.91 PHP
11100 ZAR = 33,619.79 PHP. 11200 ZAR = 33,922.68 PHP. 11300 ZAR = 34,225.56 PHP. 11400 ZAR = 34,528.44 PHP. 11500 ZAR = 34,831.32 PHP. 11600 ZAR = 35,134.20 PHP. 11700 ZAR = 35,437.08 PHP. 11800 ZAR = 35,739.96 PHP. 11900 ZAR = 36,042.84 PHP.
12000 ZAR = 36,345.72 PHP
12100 ZAR = 36,648.60 PHP. 12200 ZAR = 36,951.49 PHP. 12300 ZAR = 37,254.37 PHP. 12400 ZAR = 37,557.25 PHP. 12500 ZAR = 37,860.13 PHP. 12600 ZAR = 38,163.01 PHP. 12700 ZAR = 38,465.89 PHP. 12800 ZAR = 38,768.77 PHP. 12900 ZAR = 39,071.65 PHP.
13000 ZAR = 39,374.53 PHP
13100 ZAR = 39,677.41 PHP. 13200 ZAR = 39,980.30 PHP. 13300 ZAR = 40,283.18 PHP. 13400 ZAR = 40,586.06 PHP. 13500 ZAR = 40,888.94 PHP. 13600 ZAR = 41,191.82 PHP. 13700 ZAR = 41,494.70 PHP. 13800 ZAR = 41,797.58 PHP. 13900 ZAR = 42,100.46 PHP.
14000 ZAR = 42,403.34 PHP
14100 ZAR = 42,706.22 PHP. 14200 ZAR = 43,009.11 PHP. 14300 ZAR = 43,311.99 PHP. 14400 ZAR = 43,614.87 PHP. 14500 ZAR = 43,917.75 PHP. 14600 ZAR = 44,220.63 PHP. 14700 ZAR = 44,523.51 PHP. 14800 ZAR = 44,826.39 PHP. 14900 ZAR = 45,129.27 PHP.
15000 ZAR = 45,432.15 PHP
Currency graphs have been hyperactive with high jumps and low dips lately. This fluctuation is normal and is governed by supply and demand.
Currency exchange involves the buying and selling of the world's monies vis-à-vis any other commodity. If the need for a particular country's currency is high, the high demand leads to a higher forex rate, and vice versa.
Just like the demand and supply of oil is influenced by the number of vehicles on the road or the technological efficiency in the production of that oil, money has similar determinants.
They range from monetary policies to politics and other factors that affect the economy.
Inflation rates are direct indicators of the purchasing power of a country's currency. If the inflation rate is high in your country, you might need more money to buy a cup of coffee now than you did last year. If it is low, the same cup of coffee will cost surprisingly lower.
High inflation rates indicate a weakening economy, while low inflation rates denote a strengthening economy. Currency values rise when the inflation rate is lower, and the economy is stronger. They fall when inflation rises.
Economy and politics are tied at the hip. Bad political temperatures can lead to the weakening of a country's currency and cause it to trade for less in the forex market. That is why you find that 1 USD can be worth thousands in countries with unstable politics from Venezuela to Zimbabwe. When politics is bad, it destroys the business environment and productivity, leading to a weaker economy.
Politically sound countries, on the other hand, have an encouraging environment for investors and innovators. Their economy gets stronger, and the demand for their currencies increases. However, even politically stable countries can have rapid changes in exchange rates when nearing an election.
Higher interest rate is another investor magnet. Let's say country A has a higher interest rate than country B. Lenders get high rates and investors are guaranteed a higher return on their investments in country A. This country will, therefore, attract more business from the outside and entrepreneurship from the inside than country B which has lower interest’s rates. The economy of country A will outperform that of country B, and it will see its currency value appreciate significantly.
International trade affects the balance of trade between country A and B. It shows interest, dividend, and earnings made from the exchange of goods between those two countries. Country A would have a deficit of its buying more of country B's products.
This country would spend more currency than it receives from trading with country B. The excess demand for country B's currency drives up its value because it starts to become scarce. On the other hand, country A's currency value will start to decline because the world is oversupplied with it.
Countries that operate on a deficit budget spend more than they make (collect in taxes). These countries often turn to internal or international borrowing to fill the gap in their finances and stimulate the economy.
However, that can lead to a massive public debt that discourages foreign investors and domestic entrepreneurs because large public debt drives up inflation and minimize returns on investment. The economy of such a country takes on a downturn. That eventuality leads to a weaker currency and a lower exchange rate.
Much of the whipsawing currently happening in the Forex market is linked to the coronavirus. Health disasters like these wreak havoc to a country's economy and make it impossible to work. A lot of resources are directed towards the health issue, while other areas of the economy suffer.
When it comes to ailments like influenza, malaria, and HIV AIDs, developed countries, have created better response strategies and lowered their infection rates. These countries boast of better economies as a result, and higher exchange rates in the Forex market.
But for a new epidemic that is affecting all parts of the world equally, exchange rates are dropping and rising based on individual country's response measures, death tolls, and progress in developing a cure vaccine.
Countless factors affect the demand and supply of a country's currency and in turn, the exchange rate. It all boils down to economic productivity and stability. Countries with stronger or strengthening economies will have a higher exchange rate (you will buy more foreign currency with their money) compared to countries with weaker or weakening economies.
Exchange Rates Tomorrow (ERT)