Row rect Shape Decorative svg added to bottom MONEY SMART WEEK SOUTH AFRICA Become more educated about your finances | Foreign Exchange Absa | Corporate and Investment Banking > Insights and Events > Become more educated about your finances | Foreign Exchange Chris Paizis Head: Corporate FXand International Banking SHARE Money Smart Week South Africa is a financial literacy campaign aimed at motivating and empowering all South Africans to become more educated about their finances. Financial literacy is essential for the growth and development of our Nation. Foreign exchange is the act of trading or selling one currency for another. The exchange rate is used to determine how much it will cost you to buy one unit of currency. Chris Paizis from Absa Corporate and Investment Banking unpacks Foreign Exchange breaking down what you need to know about buying and selling currencies. Chris Paizis Head: Corporate FX and International Banking https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles EVENTS Macro and Risk Management Conference 2026 The Absa Macro and Risk Management Conference underscores Absa’s commitment to helping clients make sense of global volatility and translate it into actionable African strategy. By convening world-class thinkers, the conference challenges institutional investors and corporate leaders to look beyond the noise of tariffs, wars, and economic turbulence — and focus on long-term opportunities for growth, resilience, and regional collaboration. Read more RISK MANAGEMENT Connecting South Africa’s automotive ecosystem through change South Africa’s automotive industry has changed substantially over the past five years, with greater competition, changing vehicle-price dynamics and the emergence of new-energy vehicles altering both the economics of vehicle ownership and the structure of the market around it. Read more RISK MANAGEMENT Why Ghana’s Insurance Opportunity Extends Beyond Traditional Distribution A few weeks ago, I spent some time in Accra alongside Nana Yaa Sakyibea Vanderpujie, Head of NBFI at Absa Ghana, meeting CEOs, CFOs and senior executives from across Ghana’s insurance sector. Read more