Data/fx/ZAR/JPY
Foreign exchange · spot
Live

ZAR/JPY

9.7873
(South African Rand / Japanese Yen)
-0.94% today
Get API key
Jun 20Dec 15Jun 15

As of 2026-06-20 07:23:56 UTC, ZAR/JPY (South African Rand / Japanese Yen) is 9.7873, reconciled from ECB ref · live spot and refreshed every tick / ECB daily fallback. Every observation is point-in-time and names the feed it came from — backtest-safe and reproducible. ZAR/JPY is available over REST and WebSocket on the exchangerate.dev API, with a free tier to start.

How do I query ZAR/JPY?

One authenticated GET returns the latest value with its timestamp and source. Swap the language tab for your stack.

$ curl https://api.console.dev/v1/fx/zar-jpy \
    -H "Authorization: Bearer $API_KEY"
# → value, ts, source, point_in_time
✓Every field in the response names the feed and timestamp it came from.

Reference

GET/v1/latest/ZAR?symbols=JPY

Latest ZAR/JPY indicative spot rate — value, timestamp, source, and market_session.

Rate limit
60 / min (free) · 600 / min (Pro)
Latency p95
sub-100ms edge hits
Source feed
ECB ref · live spot
Frequency
tick / ECB daily fallback

Provenance

Reconciled against aggregated market data + public reference rates · parser v2.1
Methodology and revision log are public and versioned.
Read methodology

More in fx

USD/JPYLive
US Dollar / Yen
161.31
TRY/JPYLive
Lira / Yen
3.4731
MXN/JPYLive
Peso / Yen
9.2995

Related reading

GuideHow to backfill FX rates without look-ahead biasRead BlogWhat the ECB-based APIs missed last weekendRead MethodologyHow we reconcile live spot and daily reference ratesRead
LiveReal-time rate — updated about every 60 seconds, including weekends. Last updated 2026-06-20 07:23:56 UTC. See which currencies are live.

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 aggregated market data and public reference rates. Not for settlement.

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. Intraday and weekend live data is available for both legs (ZAR and JPY are both in the live-16 set on exchangerate.dev).