Today's ZAR to XOF Price Update

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Summary

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

Definition

The South African Rand (ZAR) is the primary fiat currency of South Africa, while the West African CFA Franc (XOF) is the currency used by member states of the West African Economic and Monetary Union (WAEMU). The exchange rate between them reflects the relative economic conditions and monetary policies of both regions, as well as investor sentiment toward emerging market currencies.

Today’s Price

  • 1 ZAR = 34.84 XOF (as of February 28, 2026, 13:00:11 UTC)
  • 24h High: 34.9678 XOF
  • 24h Low: 34.8242 XOF

Market Analysis

The ZAR/XOF pair is currently trading near the middle of its daily range, with the Relative Strength Index (RSI) over the 14-day period at 57.289, suggesting a buy signal for the pair.

  • Technical levels: Current price at 34.84 XOF reflects balanced market conditions
  • Risk note: Traders should monitor volatility within the 24-hour range of 34.8242–34.9678 XOF
  • Trading opportunities: Watch for potential moves beyond the daily highs and lows to confirm directional momentum

Conclusion

Continue to monitor the ZAR/XOF pair closely, integrating technical indicators and market sentiment to develop appropriate trading strategies. Traders should remain alert to economic data releases from both South Africa and West African economies that may influence currency valuations.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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