ZARONIA Forward Curve: Today’s Market-Implied Path

The 3M compounded ZARONIA forward curve, bootstrapped from live ZAR swap quotes and refreshed through the trading day. Chart it, read the year-by-year forecast, or take the whole grid to Excel.

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3M ZARONIA forward curve · year-end forwards

3M ZARONIA forward curve: year-end market-implied forward rates, refreshed through the trading day. The full dated curve is available with a free BlueGamma trial.
DateForward Rate
31 Dec 20267.23%
31 Dec 20277.17%
31 Dec 20287.18%
31 Dec 20297.45%
31 Dec 2030
31 Dec 2031

Curves bootstrapped from live interdealer swap quotes. Read how we build these curves.

Unlock the full curve

Get the complete ZARONIA forward curve in Excel

  • Every forward, out to the longest quoted tenor
  • One-click download to Excel
  • Excel Add-in & API access
  • Curves for 30+ currencies, refreshed all day

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The ZARONIA forward curve in Excel & API

If you’re copying this curve into a model more than once a month, you don’t need a download, you need a feed. One function per forward period, always current, straight into your model.

// Excel: any ZARONIA forward period in a cell
=BlueGamma.FORWARD_RATE("ZARONIA", start_date, end_date)

# API: the same rate, one GET away
GET api.bluegamma.io/v1/forward_rate
    ?index=ZARONIA&start_date=2027-06-30&end_date=3M
x-api-key: your_api_key

The curve prices your float. The desk quotes a par rate.

When you fix, the bank quotes one number for the whole term. Check it against an independent JIBAR mid before you sign: the difference is their margin.

The curve is the forecast. The fixing is what actually printed.

Every point on this curve is the market's guess at future ZARONIA fixings. The fixing page is the scoreboard — today's official print, the day-over-day move, and the daily history.

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More on ZARONIA rates

JIBAR Swap Rates

Today's ZAR JIBAR swap rates across the tenor grid, with history.

See swap rates

Forward curve basics

How forward curves are built, read and used in models.

Read the guide

Pull a curve into Excel

How to pull a forward curve directly into a spreadsheet, step by step.

Read the how-to