Today's ZAR to PHP Price Update

Summary
This article provides real-time exchange rates and volatility information for ZAR to PHP, helping traders quickly grasp market dynamics and potential trading opportunities.

Definition

The South African Rand (ZAR) and the Philippine Peso (PHP) are important fiat currencies in their respective regions. The exchange rate between them reflects market perceptions of their relative value and economic conditions in South Africa and the Philippines.

Today’s Price

• 1 ZAR = 3.46 PHP
• 24h High: 3.4708 PHP
• 24h Low: 3.4559 PHP

Market Analysis

Recently, the ZAR/PHP exchange rate has been showing a relatively stable trend with minor fluctuations.

• Technical focus: Key support level at 3.45, resistance level not specified in the provided data
• Risk note: Short-term volatility may occur due to economic data releases or geopolitical events
• Trading opportunities: Watch for potential trades near the support level of 3.45

Conclusion

Continue to monitor the ZAR/PHP exchange rate, combining market trends and technical indicators to develop appropriate trading strategies and capture potential opportunities.