The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
USD to ZAR Market Data
US dollar (USD) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.
USDZAR Bearish-to-range-bound; sits below 90-day avg and in lower half of 3m range. Fed easing vs SARB loosening narrows USD yield advantage; oil swings weigh on the rand. US payrolls data next releases could push USDZAR toward range top or bottom.
Bias
Bearish-to-range-bound: USD sits below the 90-day average and in the lower half of the last three months' range.
Key drivers
- Rate gap: Markets expect the Fed to ease toward a neutral stance in 2026, while SARB has already moved to looser policy, narrowing the dollar’s yield advantage.
- Risk/commodities: Oil is trading above its long-run average with notable swings, which tends to weigh on the rand when higher oil bills bite into households and firms.
- Macro factor: US payrolls and unemployment data in the coming release will shape Fed easing expectations.
Range
USD/ZAR is likely to drift within the three-month range, with a test of the lower end possible if US data stay soft.
What could change it
- Upside risk: Strong US payrolls or a cooling in unemployment could push the dollar higher and push USD/ZAR toward the top of the range.
- Downside risk: Softer US data or a clearer path to rate cuts boosting risk appetite and weighing on the dollar
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USD to ZAR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in South African rand across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to ZAR?
The best USD to ZAR exchange rate is 16.32 from OFX . This is -0.55% compared to the mid-market rate 16.41.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully 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 by
banks and other foreign exchange providers against the latest USD-ZAR mid-rate and the possible savings of using various providers.
How do USD-ZAR rates compare between providers?
Looking at the full
USD to ZAR - Send Money comparison table the provider with the best USD to ZAR exchange rate is OFX at 16.32, -0.55% from the latest mid-market rate 16.41.
The next best is XE at 16.31, -0.61% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.