ZAR to MXN — 2008

1.4719MXN

for 1 Rand on 31 December 2008 · opened the year at 1.5991

7.95% over 2008

European Central Bank reference rate
256 trading days
Reference rate, not an offer

Today: 1 ZAR = 1.0954 MXN (PayerPay indicative rate, includes our margin)

2008 at a glance

1 ZAR in MXN
Measure	Rate	When
Opened	1.5991 MXN	2 January 2008
Closed	1.4719 MXN	31 December 2008
Highest	1.6232 MXN	14 January 2008
Lowest	1.1850 MXN	27 October 2008
Average	1.3549 MXN	256 trading days
Change	-7.95% MXN	open to close

Month by month

ZAR to MXN, 2008▼ 7.95%

1 ZAR in MXN, month by month, 2008
Month	Open	Close	High	Low	Change
January	1.5991	1.4497	1.6232	1.4497	-9.34%
February	1.4632	1.3841	1.4632	1.3696	-5.41%
March	1.3588	1.3190	1.3788	1.3172	-2.93%
April	1.3153	1.3840	1.3840	1.3093	+5.22%
May	1.3787	1.3544	1.3981	1.3397	-1.76%
June	1.3394	1.3149	1.3394	1.2705	-1.83%
July	1.3087	1.3646	1.3646	1.3087	+4.28%
August	1.3673	1.3301	1.3797	1.2824	-2.72%
September	1.3330	1.3285	1.3330	1.2840	-0.33%
October	1.3227	1.2595	1.4612	1.1850	-4.78%
November	1.3060	1.3175	1.3418	1.2473	+0.88%
December	1.3366	1.4719	1.4719	1.2955	+10.13%

All ZAR to MXN history · MXN to ZAR in 2008 · 2009 →

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Common questions

How did ZAR to MXN change in 2008?

From 1.5991 MXN per ZAR on 2 January 2008 to 1.4719 on 31 December 2008: -7.95% over the year, with an average of 1.3549 across 256 trading days.

What were the high and low of ZAR to MXN in 2008?

High: 1.6232 on 14 January 2008. Low: 1.1850 on 27 October 2008.

About these rates

The rates on this page are European Central Bank euro reference rates, converted through the US dollar into a cross rate, one reading per trading day. Days from 28 September 2026 onward come from PayerPay's own daily record. They are reference rates published for information, not an offer to transact — PayerPay's indicative rate today is 1 ZAR = 1.0954 MXN, and it includes our margin. The final rate for a transfer is confirmed in your order.

Source: European Central Bank. Corrections: support@payerpay.io.

Who we are

PayerPay is operated by PAYER PAY INTERNATIONAL INC (Company ID BC1526086), registered with the Financial Transactions and Reports Analysis Centre of Canada under MSB registration C100001025 and with the Bank of Canada under the Retail Payment Activities Act. Payment details are issued through licensed banking partners.