Trade Canadian Dollar / Rand CFD

Trading Conditions

• Type: CFD
• Spread: 0.03063
• Long position overnight funding adjustment: -0.01592%
• Short position overnight funding adjustment: 0.00770%
• Overnight funding adjustment time: 22:00 (UTC)
• Currency: ZAR
• Min traded quantity: 100
• Margin: 5.00%
• Commission on trade: 0%
• Guaranteed stop premium: 0.05%

CAD/ZAR

Trade Canadian Dollar / Rand (CAD/ZAR) forex pair CFDs

Canadian Dollar / Rand (ticker: CAD/ZAR) is a currency pair that shows how much one currency is worth relative to another. On Capital.com, you can trade it as a contract for difference (CFD), letting you speculate on exchange-rate movements without owning either currency. This means you can trade in either direction – rising or falling – depending on your outlook.*

Traders often track the Canadian Dollar / Rand rate today to stay informed about short-term market movements.

*CFDs are traded on margin, and leverage amplifies both profits and losses.

Canadian Dollar / Rand price today

The pair is quoted in R and is currently trading around 11.87052.

Live price overview

Here’s an overview of the current Canadian Dollar / Rand price and its recent trading ranges.

• Daily range: 11.6362 – 11.9081
• Daily movement: +0.20911 (0%)
• Weekly range: 11.5637 – 11.9081
• Monthly range: 11.5637 – 12.1842
• Yearly range: 11.5637 – 14.0232

Why trade forex CFDs on the price of Canadian Dollar / Rand with Capital.com?

Capital.com provides tools designed to support clear analysis and informed trading in the FX market.

Advanced charting and analysis

Use interactive tools to study the Canadian Dollar / Rand price chart in detail.

• Access 100 technical indicators
• Choose from 12 chart types
• Analyse fast, intuitive charts powered by industry-leading tools

Wide market offering

Join over 798,000 global traders and explore:

• 4,000 stock CFDs
• 60 commodity CFDs
• 30 index CFDs
• 120 forex pairs

User-rated platforms

• TradingView rating: 4.8
• App Store rating: 4.7
• Google Play rating: 4.6
• Trustpilot score: 4.6

What influences the price of Canadian Dollar / Rand?

The Canadian Dollar / Rand (CAD/ZAR) forex pair price can be influenced by a range of market factors, including:

• Interest rate expectations and central bank decisions
• Inflation and economic data releases
• Political or geopolitical developments
• Market sentiment and risk appetite
• Trade flows and economic performance of the related economies

Canadian Dollar / Rand forecasts

Canadian Dollar / Rand forecasts commonly reference recent news, company updates, and broader market trends rather than fixed price targets. Some traders combine technical analysis with fundamental insights to form their expectations.*

Instead of relying on a single forecast, many traders monitor ongoing analysis and real-time data to adapt to changing market conditions.

*Analyst forecasts are often inaccurate. Past performance isn’t a reliable indicator of future results.

How to trade Canadian Dollar / Rand forex CFDs

Trading forex CFDs involves speculating on movements between two currencies:

• Go long (buy) if you think the base currency may appreciate
• Go short (sell) if you think it may weaken

Leverage allows greater exposure with a smaller deposit, but magnifies losses.

Risks of trading forex CFDs

Key risks include:

• Market volatility
• Leveraged losses
• Overnight funding costs
• No ownership of the underlying currencies