Mexican Peso to South African Rand — MXN to ZAR
MXN to ZAR Converter
MXN/ZAR Rate — Last 30 Days
MXN fell 1.02% vs ZAR this week — a clear short-term downtrend. Watch whether this continues or reverses.
The 7-day average rate is above the 30-day average — recent momentum favors MXN strengthening vs ZAR. Uptrends can persist, but watch for a mean-reversion pullback.
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 | 0.9640 | 0.9530 | 0.9576 |
| 30 days | 0.9640 | 0.9285 | 0.9461 |
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Set a target rate — we email you when MXN/ZAR hits it. Checked every 15 minutes.
Historical MXN/ZAR Rates by Year
What drives the MXN/ZAR rate?
Whether you're converting MXN for travel, business, or investment, here's what drives the MXN to ZAR exchange rate. The MXN/ZAR 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 MXN to ZAR 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 MXN 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.