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Best USD to ZAR Exchange Rates Compared Live

The best USD to ZAR exchange rate is 18.97. Compare foreign transfer and currency exchange rates, find better rates & deals.

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Comparing USD-ZAR exchange rates

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.

The above Dollar to Rand comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest USD-ZAR mid-rate (see below) and the possible savings of using another provider.

 
@bestfxrates : 🔎 USDZAR Update: USD maintains its rally as inflation fuels rate cut delays 📈 Current rate at 18.74, stable within a 5.6% 3-month range. SA Rand struggles amidst internal woes & oil price uptick (+5.8%). FX analysts see a resilient USD against ZAR's ongoing challenges. #Forex #USDZAR

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USD to ZAR Market Data

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

 
1 USD =
18.97We compare provider deals to this wholesale mid-market rate. Read more
ZAR
+1.1%
📈1W
USD to ZAR is at 7-day highs near 18.98, just 0.9% above its 3-month average of 18.81, having traded in a quite stable 5.6% range from 18.29 to 19.32
|
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DateUSD/ZARChangePeriod
04 Mar 2024
19.05
0.4% â–¼2 Week
19 Dec 2023
18.34
3.4% â–²3 Month
19 Mar 2023
18.34
3.4% â–²1 Year
20 Mar 2019
14.23
33.3% â–²5 Year
21 Mar 2014
10.89
74.2% â–²10 Year
23 Mar 2004
6.5341
190.3% â–²20 Year
USD/ZAR historic rates & change to 18-Mar-2024
 

What are equivalent amounts of USD and ZAR?

Here are some popular conversion amounts for USD to ZAR (US dollar to South African rand)*.

USD ZAR
$ 1 R 18.97
$ 5 R 94.85
$ 10 R 189.70
$ 20 R 379.40
$ 50 R 948.50
$ 100 R 1,897
$ 250 R 4,743
$ 500 R 9,485
$ 1,000 R 18,970
$ 2,000 R 37,940
$ 5,000 R 94,850
$ 10,000 R 189,700
$ 20,000 R 379,400
$ 50,000 R 948,500
$ 100,000 R 1,897,000
USD ZAR
$ 0.0527 R 1
$ 0.2636 R 5
$ 0.5271 R 10
$ 1.0542 R 20
$ 2.6356 R 50
$ 5.2711 R 100
$ 13.18 R 250
$ 26.36 R 500
$ 52.71 R 1,000
$ 105.42 R 2,000
$ 263.56 R 5,000
$ 527.11 R 10,000
$ 1,054 R 20,000
$ 2,636 R 50,000
$ 5,271 R 100,000

More amounts

*Converted at the current USDZAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for USD to ZAR

 

The recent exchange rate forecasts for the USD to ZAR pair reflect a scenario where the US Dollar (USD) is anticipated to maintain its strength against the South African Rand (ZAR). The USD has been rallying due to unexpected inflation acceleration, leading to a surge in the currency. Despite inflationary pressures in the US economy, the strong performance and robust job market data have delayed potential rate cuts, with markets now eyeing a rate reduction in June. This optimistic outlook for the USD is juxtaposed against a weakened South African Rand, which has faced challenges such as allegations of supplying weapons to Russia and internal economic struggles like power blackouts, political instability, and high unemployment rates.

Read our full review of recent USD to ZAR forecasts.

 

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 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.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

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


 

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.

 
 
 

Currency 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

   
 
 

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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