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USD to ZAR 2026 Forecasts

Analysis of recent dollar → rand forecasts for 2026. We collate forecasts from respected FX analysts together with the latest US dollar to South African rand performance and trends.

 

USD/ZAR Outlook:

Bearish, as the USD is below its 90-day average and near recent lows while facing pressure from various factors.

Key drivers:

• Rate gap: The Federal Reserve's decision to hold interest rates steady contrasts with the South African Reserve Bank's high rates, which supports the ZAR.

• Risk/commodities: Strong global demand for commodities, particularly gold and platinum, has boosted the ZAR as these exports provide significant foreign earnings.

• One macro factor: Ongoing geopolitical tensions and trade issues have weakened the USD's position, making it less attractive to investors.

Range:

The USD/ZAR is likely to drift within its recent range, reflecting a lack of strong upward momentum.

What could change it:

• Upside risk: A surprising recovery in USD strength could arise from improved economic data or shifts in Federal Reserve policy.

• Downside risk: Continued declines in USD value related to geopolitical tensions or further signs of economic weakness could amplify downward pressure.

USD-ZAR Rate Calculator

 
   
   
   
   
 
   
 
 

USD to ZAR Market Data

US dollar (USD) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell USD   →   Buy ZAR
1 USD =
15.95We compare provider deals to this wholesale mid-market rate. Read more
ZAR
1d−0.1%▼
 
USD to ZAR at 15.95 is 3.8% below its 3-month average of 16.58, having traded in a quite volatile 10.5% range from 15.74 to 17.40
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  1 ZAR = 0.062692 USD

Compare & Save - US dollar to South African rand

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to South African rand (ZAR) rates from different sources before making a conversion.

Use our USD to ZAR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Dollar to Rand currency rates and the possible savings of using various providers.

 
 

Will the US dollar rise against the South African rand?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar vs South African rand current value is to look the USD/ZAR historic rate and change over a range of periods.

The following table looks at the change in the USD to ZAR exchange rate over periods from the previous week back to the last 10 years.

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add USD/ZAR to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more