Exchange rates

ZAR to JPY exchange rate

9.6548 JPY+1.09%24h+1.72%7d

1 ZAR = 9.6548 JPY · Last updated 4 Nov 2026, 21:11 UTC · 15 minutes late

ZAR/JPY chart

ZAR/JPY price history

ZAR/JPY history

PeriodChangeLowHigh
24 hours+1.09%9.48769.6604
7 days+1.72%9.40709.6604
30 days+1.44%9.40709.6604
1 year+9.88%8.81339.9996
DateClose
9.5137
9.4899
9.4221
9.4980
9.4886
9.4795
9.4680
9.4473
9.5089
9.6428
9.5979
9.6292
9.6155
9.5415
9.6208
9.5855
9.5882
9.5720
9.5059
9.4806
9.5868
9.5177
9.4224
9.5483
9.5781
9.5978
9.5705
9.6718
9.6647
9.6603

Convert ZAR to JPY

1 ZAR = 9.6548 JPY

Open the converter

ZAR to JPY

100 ZAR965.48 JPY
500 ZAR4,827.41 JPY
1,000 ZAR9,654.83 JPY
2,500 ZAR24,137.06 JPY
5,000 ZAR48,274.13 JPY
10,000 ZAR96,548.26 JPY
50,000 ZAR482,741.29 JPY
100,000 ZAR965,482.57 JPY
200,000 ZAR1,930,965.15 JPY
500,000 ZAR4,827,412.87 JPY
1,000,000 ZAR9,654,825.74 JPY

JPY to ZAR

100 JPY10.3575 ZAR
500 JPY51.7876 ZAR
1,000 JPY103.58 ZAR
2,500 JPY258.94 ZAR
5,000 JPY517.88 ZAR
10,000 JPY1,035.75 ZAR
50,000 JPY5,178.76 ZAR
100,000 JPY10,357.51 ZAR
200,000 JPY20,715.03 ZAR
500,000 JPY51,787.57 ZAR
1,000,000 JPY103,575.15 ZAR

ZAR/JPY, Rand-Yen Carry and Resource Flows

ZAR/JPY brings together the South African rand, an emerging-market currency heavily linked to gold, platinum, and mining more broadly, and the Japanese yen, the quintessential safe-haven funding currency. The pair is popular among Japanese retail traders for its high interest differential.

South Africa is the world's largest platinum producer and a major gold producer. Movements in precious metal prices translate directly into ZAR, giving ZAR/JPY an indirect commodity-price overlay not present in most G10 crosses.

The pair is structurally volatile: South Africa faces political, load-shedding (power outage), and current-account risks that periodically cause sharp rand devaluations. Combined with yen safe-haven dynamics during global stress, drawdowns can be rapid.

All rates are indicative from live market data and public reference rates. Not for settlement.

Where rates come from

Frequently asked questions

How does the gold price affect ZAR/JPY?

Gold is South Africa's second-largest export. Rising gold prices increase mining revenue and support the rand, pushing ZAR/JPY higher. Falling gold prices add pressure to an already carry-driven positioning.

What is "load shedding" and why does it affect ZAR?

Load shedding is South Africa's rolling power-cut program caused by the national electricity provider's capacity shortfall. Severe load-shedding reduces industrial output and investment, weighing on the rand, and by extension ZAR/JPY.

Why do Japanese retail traders favor ZAR/JPY?

South Africa historically held high nominal rates (often 5–8%) while Japan sat near zero, producing a multi-percentage-point carry premium. Japanese retail investors have historically had significant positions in ZAR/JPY via domestic FX margin accounts.

How does South Africa's SARB affect the pair?

South African Reserve Bank rate decisions directly move ZAR. Hawkish surprises strengthen ZAR and push ZAR/JPY higher; SARB rate cuts compress the carry premium and typically weaken the pair.

Is ZAR/JPY suitable as a travel reference for South Africa–Japan travel?

The indicative mid-market rate is a useful directional reference. For example, at roughly 9.8 yen per rand (see the live rate above), 100 rand buys approximately 980 yen. Actual transaction rates will include a spread from your bank or exchange provider.

Does ZAR/JPY track USD/ZAR closely?

Yes, because both ZAR legs are USD-mediated in practice. A sharp USD/ZAR spike (rand devaluation) will push ZAR/JPY down simultaneously, since the rand weakens against all currencies including JPY.

Is historical ZAR/JPY data available?

Yes. ZAR is in the ECB daily-rate dataset which extends back to 1999. Live intraday data (updating ~every 60s through the trading week) is available for both legs, ZAR and JPY are both in our live-updating currencies on exchangerate.dev.

How do I query ZAR/JPY?

Send one request with your key. Each rate comes with its source, the time it was observed and the market session.

Request

curl "https://api.exchangerate.dev/v1/latest/ZAR?symbols=JPY" \
  -H "Authorization: Bearer $API_KEY"

Response

{
  "result": "success",
  "base": "ZAR",
  "source": "live",
  "sources": {
    "JPY": "live"
  },
  "market_session": "open",
  "timestamp": "2026-11-04T21:27:06Z",
  "data_updated_at": "2026-11-04T21:11:59Z",
  "rates": {
    "JPY": 9.6548
  },
  "effective_at": {
    "JPY": "2026-11-04T21:11:59Z"
  },
  "stale": {
    "JPY": false
  },
  "derived_symbols": [
    "JPY"
  ],
  "notice": "Indicative rates, not for settlement."
}

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