Today's ZAR to THB Price Update

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Summary

This report provides the real-time exchange rate between the South African Rand (ZAR) and Thai Baht (THB), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The South African Rand (ZAR) is the official currency of South Africa, while the Thai Baht (THB) is the primary legal tender of Thailand. The exchange rate between them reflects market sentiment regarding the relative economic strength and stability of both currencies, as well as investor confidence in emerging market dynamics.

Today’s Price

  • 1 ZAR = 1.95 THB
  • 24h High: 1.9573 THB
  • 24h Low: 1.9405 THB
  • Current Rate: 1.9505 THB (as of February 28, 2026)

Market Analysis

Recent ZAR/THB price movements show technical weakness, with technical indicators signaling bearish pressure on the pair.

  • Technical Outlook: Based on moving average analysis, the daily buy/sell signal for ZAR/THB indicates a Strong Sell signal, with 12 sell signals and 0 buy signals across moving averages ranging from MA5 to MA200
  • Key Technical Levels: The 5-day moving average suggests buying interest, while the 50-day moving average points to selling pressure
  • Price Forecast: Market forecasts suggest ZAR/THB may decline toward 1.96 THB in the near term, with potential downside pressure persisting through February
  • Risk Note: The strong sell bias from technical indicators suggests caution for long positions; traders should be prepared for continued downward pressure

Conclusion

Monitor the ZAR/THB pair closely, paying particular attention to technical resistance and support levels. Given the prevailing strong sell signals, traders should exercise caution and consider risk management strategies aligned with the bearish technical outlook.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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