ZAR - USD : Currency Rates Information
ZAR - USD : Currency Rates Information
fintel.ioAnswer: Here are the latest USD to ZAR figures and context from reputable sources as of now.
- XE (USD to ZAR): 1 USD buys about 16.53 ZAR, with typical day-to-day fluctuations in the 16.3–16.7 range recently. This gives a quick sense of near-term levels.[4]
- OFX: 1 USD equals around 16.34 ZAR, with the rate often quoted in the 16.3–16.5 vicinity and a visible intraday movement on trading days.[5]
- Wise: 1 USD ≈ 16.36 ZAR in recent 30-day data, with a 30-day high near 16.80 and a low around 16.36, indicating modest but persistent volatility.[1]
- General trend context: Over the past 90 days, USD/ZAR has shown a broad range roughly mid-teens to low-17s, with recent months noting some weakening of the rand against the dollar depending on global risk sentiment, commodity prices, and domestic factors.[6]
Notes and tips
- If you need a precise, real-time rate for a transaction, use a rate quote from your preferred provider right before you exchange, since intraday moves can be small but meaningful for large sums.[4]
- For rate planning, consider setting a threshold alert (e.g., if USD/ZAR hits a specific level like 16.20 or 16.70) to optimize timing given daily volatility.[4]
- Regional factors: South Africa’s economy, commodity prices (especially precious metals and minerals), and global risk appetite influence USD/ZAR more than most major FX pairs due to its sensitivity to risk and capital flows.[6]
Would you like a concise table of the latest rates from multiple sources, or a short forecast based on recent momentum and regional indicators? I can also help you set up rate alerts or estimate how a specific USD amount would convert at current levels.