Today's ZAR to KRW Price Update

Summary

This report provides the real-time exchange rate between the South African Rand (ZAR) and South Korean Won (KRW), 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 South Korean Won (KRW) is the primary fiat currency of South Korea. The exchange rate between them reflects market sentiment regarding the relative economic strength and stability of both nations, as well as broader emerging market dynamics.

Today’s Price

• 1 ZAR = 90.4 KRW (as of February 3, 2026, 18:00:06)
• 24h High: 90.936 KRW
• 24h Low: 90.0083 KRW

Market Analysis

The ZAR/KRW pair is currently showing overbought conditions, with the 14-day Relative Strength Index (RSI) at 78.201, suggesting potential consolidation or pullback risk in the near term.

• Technical levels: The pair is trading near resistance with overbought signals indicating caution for new long positions
• Risk note: Overbought conditions suggest heightened risk of short-term correction; traders should monitor for reversal signals
• Trading opportunities: Watch for potential pullback entries toward support levels, with longer-term forecasts suggesting upside potential toward 120.99 KRW over the next year

Conclusion

Continue to monitor the ZAR/KRW pair closely, paying particular attention to overbought signals and potential mean reversion opportunities. Traders should balance short-term caution with longer-term bullish forecasts when structuring their positions.