ZAR to MXN — 2023

0.920158MXN

for 1 Rand on 29 December 2023 · opened the year at 1.1464

19.73% over 2023

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

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

2023 at a glance

1 ZAR in MXN
Measure	Rate	When
Opened	1.1464 MXN	2 January 2023
Closed	0.920158 MXN	29 December 2023
Highest	1.1466 MXN	4 January 2023
Lowest	0.890631 MXN	31 August 2023
Average	0.963261 MXN	255 trading days
Change	-19.73% MXN	open to close

Month by month

ZAR to MXN, 2023▼ 19.73%

1 ZAR in MXN, month by month, 2023
Month	Open	Close	High	Low	Change
January	1.1464	1.0779	1.1466	1.0779	-5.97%
February	1.0881	0.994691	1.0909	0.994691	-8.58%
March	1.0057	1.0161	1.0380	0.962656	+1.03%
April	1.0068	0.983250	1.0119	0.981820	-2.33%
May	0.976387	0.895483	0.984361	0.892062	-8.29%
June	0.891892	0.901980	0.943473	0.891892	+1.13%
July	0.912808	0.941574	0.958170	0.901748	+3.15%
August	0.927190	0.890631	0.928271	0.890631	-3.94%
September	0.913557	0.926016	0.928558	0.898023	+1.36%
October	0.915751	0.960122	0.963750	0.915751	+4.85%
November	0.964899	0.924804	0.964899	0.906210	-4.16%
December	0.925362	0.920158	0.947653	0.907709	-0.56%

← 2022 · All ZAR to MXN history · MXN to ZAR in 2023 · 2024 →

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Routes to Mexico

Common questions

How did ZAR to MXN change in 2023?

From 1.1464 MXN per ZAR on 2 January 2023 to 0.920158 on 29 December 2023: -19.73% over the year, with an average of 0.963261 across 255 trading days.

What were the high and low of ZAR to MXN in 2023?

High: 1.1466 on 4 January 2023. Low: 0.890631 on 31 August 2023.

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.