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South African rand Markets

ZAR Currency Update - Our review of South African rand forecasts and news plus charts and historic rates. Check ZAR Trends over various time periods.

 

Recent developments in the currency market have highlighted the volatility surrounding the South African Rand (ZAR), particularly in light of escalating trade tensions and ongoing reliance on foreign investment. The United States has imposed a 30% reciprocal tariff on goods from South Africa, part of broader trade disputes that may further impact ZAR's performance. Analysts underscore that given South Africa's significant dependence on foreign capital to support its large budget and current account deficits, any adverse sentiment from global investors could create additional pressure on the local currency.

Currently, the ZAR to USD exchange rate is trading at 90-day highs near 0.057098, which is 4.1% above its three-month average of 0.054854. This pair has experienced considerable volatility, with a 12.9% range seen recently from 0.050563 to 0.057098. Forecasters suggest that the Rand's performance against the dollar may remain sensitive to U.S. economic indicators and ongoing trade developments.

In comparison, the ZAR to EUR has reached a 14-day high of approximately 0.048540, standing 0.7% above its three-month average of 0.048191. This exchange has traded within a relatively stable 8.0% range, from 0.045978 to 0.049660. Economists believe that with the Euro area's own economic challenges, the EUR/ZAR exchange rate may see limited fluctuations in the near term but remains influenced by regional growth indicators.

The ZAR to GBP exchange rate has similarly achieved a 14-day high of 0.041793, which is about 2.0% above its three-month average of 0.040982. This pair has fluctuated within a stable range of 5.6% from 0.039609 to 0.041835. Experts note that the currency market's focus may shift to the implications of the UK's economic performance and any resulting trade impacts.

For the ZAR to JPY exchange rate, the Rand trades at 8.2618, which is 4.3% above its three-month average of 7.9207. This pair has faced a more volatile trading environment, ranging from 7.3967 to 8.2711 recently, reflecting both South Africa's situation and global market uncertainties.

Overall, while the ZAR currently shows signs of strengthening against major currencies, external factors such as trade relations and investor sentiment could pose risks moving forward. Investors and businesses involved in international transactions should consider these elements carefully to optimize their currency exposure.

 

US dollar to South African rand - USD/ZAR Trend

 
USD to ZAR is at 90-day lows near 17.52, 3.9% below its 3-month average of 18.24, having traded in a rather volatile 12.9% range from 17.52 to 19.78
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ZAR
 
-0.2%
90d-lows
 
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Top ZAR Rates


South African rand to US dollar
ZARUSD 90 day chart

ZAR to USD is at 90-day highs near 0.057098, 4.1% above its 3-month average of 0.054854, having traded in a rather volatile 12.9% range from 0.050563 to 0.057098
ZAR to USD
0.057100
+0.3%
90d-highs

South African rand to Euro
ZAREUR 90 day chart

ZAR to EUR is at 14-day highs near 0.048540, just 0.7% above its 3-month average of 0.048191, having traded in a relatively stable 8.0% range from 0.045978 to 0.049660
ZAR to EUR
0.048509
+0.5%
14d-highs

South African rand to Canadian dollar
ZARCAD 90 day chart

ZAR to CAD at 0.077507 is 2.3% above its 3-month average of 0.075742, having traded in a relatively stable 7.8% range from 0.072016 to 0.077653
ZAR to CAD
0.077535
+0.2%

South African rand to British pound
ZARGBP 90 day chart

ZAR to GBP is at 14-day highs near 0.041793, 2.0% above its 3-month average of 0.040982, having traded in a quite stable 5.6% range from 0.039609 to 0.041835
ZAR to GBP
0.041806
+0.1%
14d-highs

South African rand to Indian rupee
ZARINR 90 day chart

ZAR to INR is at 90-day highs near 4.8764, 3.9% above its 3-month average of 4.6942, having traded in a quite volatile 11.7% range from 4.3671 to 4.8764
ZAR to INR
4.8755
+0.1%
90d-highs

South African rand to Japanese yen
ZARJPY 90 day chart

ZAR to JPY at 8.2618 is 4.3% above its 3-month average of 7.9207, having traded in a quite volatile 11.8% range from 7.3967 to 8.2711
ZAR to JPY
8.2511
+1.0%

South African rand to Australian dollar
ZARAUD 90 day chart

ZAR to AUD is at 30-day highs near 0.086846, 1.6% above its 3-month average of 0.08541, having traded in a quite stable 5.3% range from 0.082755 to 0.087155
ZAR to AUD
0.086942
+0.4%
30d-highs

South African rand to Singapore dollar
ZARSGD 90 day chart

ZAR to SGD is at 90-day highs near 0.072789, 2.2% above its 3-month average of 0.071161, having traded in a relatively stable 6.4% range from 0.068437 to 0.072789
ZAR to SGD
0.072768
+0.4%
90d-highs

South African rand to Chinese yuan
ZARCNY 90 day chart

ZAR to CNY is at 90-day highs near 0.4091, 3.2% above its 3-month average of 0.3965, having traded in a quite volatile 10.3% range from 0.3710 to 0.4091
ZAR to CNY
0.4091
+0.3%
90d-highs

A-Z


South African rand to Euro
ZAREUR 90 day chart

ZAR to EUR is at 14-day highs near 0.048540, just 0.7% above its 3-month average of 0.048191, having traded in a relatively stable 8.0% range from 0.045978 to 0.049660
ZAR to EUR
0.048509
+0.5%
14d-highs

South African rand to British pound
ZARGBP 90 day chart

ZAR to GBP is at 14-day highs near 0.041793, 2.0% above its 3-month average of 0.040982, having traded in a quite stable 5.6% range from 0.039609 to 0.041835
ZAR to GBP
0.041806
+0.1%
14d-highs

South African rand to Indian rupee
ZARINR 90 day chart

ZAR to INR is at 90-day highs near 4.8764, 3.9% above its 3-month average of 4.6942, having traded in a quite volatile 11.7% range from 4.3671 to 4.8764
ZAR to INR
4.8755
+0.1%
90d-highs

South African rand to US dollar
ZARUSD 90 day chart

ZAR to USD is at 90-day highs near 0.057098, 4.1% above its 3-month average of 0.054854, having traded in a rather volatile 12.9% range from 0.050563 to 0.057098
ZAR to USD
0.057100
+0.3%
90d-highs