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    USD to ZAR Exchange Rates

    Compare & Save on US dollar to South African rand exchange rates. Latest US dollar to rand analysis and review of forecasts.


    In this US dollar to rand (USD/ZAR) rate guide:

    Rate Calculator - 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.

    This exchange rate calculator makes it easy to compare the Total Cost you are being charged on US dollar to rand currency rates and the possible savings of using various providers.


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    USD to ZAR Market Data

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

    1 USD =
    19.66We compare provider deals to this wholesale mid-market rate. Read more
    USD to ZAR at 19.66 is 6.4% above its 3-month average of 18.48, having traded in a quite volatile 11.4% range from 17.79 to 19.82
    Sell USD   →   Buy ZAR
    Track Rate

      1 ZAR = 0.050865 USD
    12 May 2023
    1.8% 2 Week
    25 Feb 2023
    6.7% 3 Month
    26 May 2022
    25.1% 1 Year
    27 May 2018
    57.4% 5 Year
    28 May 2013
    102.1% 10 Year
    31 May 2003
    143.5% 20 Year
    USD/ZAR historic rates & change to 26-May-2023

    What are USD to ZAR forecasts?

    FX analysts forecast that the USD to ZAR exchange rate will continue to trade with volatility, as the market sentiment remains bearish due to the escalating trade tension between the US and China. The South African rand is likely to remain under pressure due to the country's vulnerabilities such as rolling power blackouts, political uncertainty, and record unemployment, which has led to a downgrade in the country's credit rating. The US Dollar's strength over the past year is expected to reverse in 2023 as the Fed's interest rate hikes cycle comes to an end, which could possibly cause some weakening of the USD in the long-term. However, in the short-term, the USD to ZAR rate is expected to remain high, having traded at 19.80 recently, which is 7.2% above its 3-month average of 18.47. This confirms the strong US Dollar and weak South African rand situation currently prevailing in the market.

    Read our full analysis of USD to ZAR forecasts.

    USD note

    How to get a good USD to ZAR exchange rate

    There are several ways to save on exchange rates when converting US dollar to South African rand:

    1. Shop around for the best USD/ZAR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the USD/ZAR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and ZAR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying South African rand with US dollar, then it's better for the USD/ZAR exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

    The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

    Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Will the US dollar rise against the South African rand?

    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 BER Smart Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to South Africa - a practical currency and money guide to travel, living and doing business in South Africa with the South African rand.


    US dollar & South African rand - Country Guides

    United StatesUnited States (USD)South AfricaSouth Africa (ZAR)

    Is it safe in South Africa?

    South Africa has a high crime rate, and certain areas or neighborhoods can be dangerous for foreigners. However, many areas are safe and tourist-friendly. It is important to exercise caution and be aware of your surroundings, avoid carrying valuables and stay in well-populated areas. Americans travelling to South Africa are recommended to check the U.S. Department of State website for travel advisories and to register with the Smart Traveler Enrollment Program.

    What is the cost of living in South Africa?

    The cost of living in South Africa is relatively low compared to other countries in the world. However, it is important to note that the cost of living can vary greatly depending on the specific location within the country.

    Read more at our South Africa (ZAR) country guide


    Related exchange rates


    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

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