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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 rate is below its recent average and near recent lows.

Key drivers:

• Rate gap: The Federal Reserve is expected to reduce rates next year, while the South African Reserve Bank is pursuing a more accommodative policy.

• Risk/commodities: The price of Brent Crude oil is currently at 90-day highs, which could support the rand, given South Africa's reliance on commodity exports.

• One macro factor: The South African rand has appreciated significantly, supported by improving economic fundamentals and strong demand for rand-denominated bonds.

Range: The USD/ZAR is likely to drift within the recent range, given its current position near the lows.

What could change it:

• Upside risk: A rebound in the US economy could shift focus back to the dollar.

• Downside risk: Continued strength in commodity prices and a stable ZAR inflation outlook could further drive the rand upward.

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 =
16.12We compare provider deals to this wholesale mid-market rate. Read more
ZAR
1d−0.1%▼
90dLows◒
USD to ZAR is at 90-day lows near 16.12, 4.4% below its 3-month average of 16.87, having traded in a fairly volatile 8.8% range from 16.12 to 17.54
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  1 ZAR = 0.062046 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