Today's ZAR to RUB Price Update

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Summary

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

Definition

The South African Rand (ZAR) is the official currency of South Africa, while the Russian Ruble (RUB) is the primary currency of Russia. The exchange rate between them reflects market sentiment regarding the relative economic stability and investment appeal of both currencies in emerging markets.

Today’s Price

  • 1 ZAR = 4.71 RUB
  • 24h High: 4.7482 RUB
  • 24h Low: 4.6532 RUB

Market Analysis

The ZAR/RUB exchange rate is currently trading at 4.71, demonstrating notable intraday volatility with a trading range of approximately 0.195 rubles between the 24-hour high and low points.

  • Technical levels: Key support at 4.6532 RUB, resistance at 4.7482 RUB
  • Volatility note: The currency pair exhibits moderate daily fluctuations, reflecting typical emerging market dynamics
  • Trading opportunities: Monitor price action around the 4.71 midpoint level for potential directional bias

Conclusion

Continue to monitor the ZAR/RUB pair closely for emerging market trading signals and currency correlation shifts. Traders should remain vigilant to intraday volatility while tracking any significant deviations from current support and resistance levels.

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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