Today's ZAR to THB Price Update

Summary

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

Definition

The South African Rand (ZAR) is a major fiat currency in the African region, while the Thai Baht (THB) represents the currency of Southeast Asia’s significant economy. The exchange rate between them reflects market sentiment toward both currencies and serves as an important indicator for forex traders and investors engaged in cross-border transactions between these regions.

Today’s Price

• 1 ZAR = 1.9 THB
• 24h High: 1.9045 THB
• 24h Low: 1.8998 THB

Market Analysis

The ZAR/THB pair exhibits moderate volatility within a narrow trading range. Technical analysis indicates mixed signals across multiple indicators.

• Technical levels: Fibonacci pivot point performance value at 1.9068 THB serves as a key resistance level; support levels identified at 1.9045, 1.9054, 1.9059 THB
• Risk note: Price volatility may be affected by external factors such as financial, regulatory, or political events in either South Africa or Thailand
• Trading opportunities: Monitor price action around the 1.9045–1.9068 THB zone for potential breakout signals

Conclusion

Continue to monitor the ZAR/THB pair closely, utilizing technical pivot points and Fibonacci levels as key reference points for trade management. Traders should remain alert to macroeconomic developments and policy changes in both regions that could impact currency valuations.