Buy price
16.7136
USD/ZAR Exchange Rate Today — Live Chart and Analysis
USD/ZAR is an exchange rate that specifies how many ZAR (South African Rand) can be converted into one USD (US Dollar), therefore the base currency is USD and the price currency is ZAR. If this rate declines, it means that ZAR appreciates relative to USD and if this rate increases it means that the ZAR depreciates against the USD. There are many macroeconomic factors/events (fundamentals) that affect USD/ZAR exchange rate, which are usually common in both countries. Some of the most notable factors/events are GDP, Inflation or Consumer Price Index (CPI), Interest Rates and other monetary policies applied by central banks. During the last two years, the exchange rate reached a low value of 11.5047 in February 2018 and a high value of 17.7659 in January 2016. Regarding the trade relationship between United States and South Africa, the latter imports 0.33% of United States's total exports, whereas United States imports 7.9% of South Africa's total exports. The largest component of United States's exports is vehicles and machinery whereas South Africa's largest export components is pearls, precious stones, metals, coins. Any significant shifts in the trade relationship between the two regions and changes in the values of the aforementioned components are some of the factors that could have a material impact on the pair.
Sell price
16.7111
USD/ZAR chart
Price Performance
1 week
+0.17% +0.17%
+0.17% +0.17%
1 month
+3.76% +3.76%
+3.76% +3.76%
YTD
+8.86% +8.86%
+8.86% +8.86%
Year
+24.93% +24.93%
+24.93% +24.93%
5 years
+34.42% +34.42%
+34.42% +34.42%
Information regarding past performance is not a reliable indicator of future performance.
USDZAR
US Dollar is the primary and the most trusted reserve currency in the world which has a significant advantage relative to its rival currencies (Euro, Yen, etc.). The last four months, US Dollar depreciated relative to its major currency rival, Euro, by more than 9%. The main reason for this depreciation was due to several economic events which affect US Dollar negatively. More specifically, the Federal Reserve increased short-term interest rates two times in 3 months to control the domestic inflation rate.
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- 1
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- 2
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- 3
Trade
Choose USDZAR, set the amount, and click buy or sell — that’s it!
USD/ZAR
USDZAR
16.7123
-0.14%
Instrument Forex
FAQ