ZAR to USD Market Data
South African rand (ZAR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
Currency Forecasts related to ZAR/USD
ZAR to USD Exchange Rate Forecast & Outlook
In the near term, ZAR/USD is trading close to its recent lows, holding near the 3.3% below its 3-month average. The dominant driver from structured analysis is risk sentiment, which currently favors safe-haven flows into the USD.
ZAR to EUR Exchange Rate Forecast & Outlook
In the near term, ZAR/EUR is holding near recent lows, trading close to the 60-day low around 0.051647. The pair remains supported by risk-off conditions influenced by geopolitical tensions and elevated energy prices.
EUR to USD Exchange Rate Forecast & Outlook
In the near term, EUR/USD is holding near its recent range as the current drivers are not aligned clearly enough for a stronger directional call.
ZAR to USD 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 South African rand are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different ZAR amounts at today’s rate * :
*Converted at the current ZAR-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the best Send Money conversion rate for ZAR to USD?
The best ZAR to USD exchange rate is 0.0591 from OFX . This is -0.22% compared to the mid-market rate 0.059231.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare South African rand (ZAR) to US dollar (USD) rates from different sources before making a conversion.
The above Rand to Dollar 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 ZAR-USD mid-rate and the possible savings of using various providers.
How do ZAR-USD rates compare between providers?
Looking at the full ZAR to USD - Send Money comparison table the provider with the best ZAR to USD exchange rate is OFX at 0.0591, -0.22% from the latest mid-market rate 0.059231.
The next best is XE at 0.0589, -0.56% 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.
