Today's ZAR to KRW Price Update

Summary

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

Definition

The South African Rand (ZAR) is a major fiat currency of South Africa, while the South Korean Won (KRW) is the official currency of South Korea. The exchange rate between them reflects market sentiment regarding the relative economic strength and currency stability of both nations, serving as an important indicator for forex traders and international business participants.

Today’s Price

• 1 ZAR = 87.44 KRW (as of December 16, 2025, 14:00:02)
• 24h High: 87.9902 KRW
• 24h Low: 87.3227 KRW

Market Analysis

Recent ZAR/KRW price movement shows the pair is in a short-term uptrend. The current Relative Strength Index (RSI) over the 14-day period stands at 58.922, suggesting a buy signal for the pair. Market forecasts indicate the ZAR to KRW exchange rate is expected to increase by approximately 0.97% in the coming month.

• Technical levels: Key resistance points identified at 78.5848, 78.8097, and 79.1009; support levels require monitoring
• Technical outlook: Short-term technical analysis indicates an uptrend, with traders advised to avoid short or sell positions at this stage
• Trading opportunities: Monitor potential bullish continuation in the near term, with attention to resistance breakouts above current price levels

Conclusion

Continue monitoring the ZAR/KRW pair closely, integrating technical indicators and market forecasts into your trading strategy. The current uptrend presents potential opportunities for long positions, while traders should remain vigilant of resistance levels for optimal entry and exit points.