About the Amerikaanse dollar to Zuid-Afrikaanse rand exchange rate
The USD/ZAR pair shows how many Zuid-Afrikaanse rand (ZAR) one Amerikaanse dollar (USD) buys. Eulerpool publishes the live mid-market rate together with a converter, a one-year chart and conversion tables so you can value cash, invoices and investments in both currencies.
USD/ZAR is quoted as ZAR per one USD. At 16,663, 1 USD equals 16,663 ZAR and 1 ZAR equals 0,0600 USD. The inverse pair is ZAR/USD.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the Amerikaanse dollar and Zuid-Afrikaanse rand areas. Treasury teams, investors and travelers use USD/ZAR to convert prices, hedge FX risk and compare returns.
How USD/ZAR is quoted
In USD/ZAR, USD is the base currency and ZAR is the quote currency: the price is how many Zuid-Afrikaanse rand buy one Amerikaanse dollar. A rise in USD/ZAR means Amerikaanse dollar strengthened against Zuid-Afrikaanse rand; a fall means Amerikaanse dollar weakened.
What drives the Amerikaanse dollar to Zuid-Afrikaanse rand rate
The USD/ZAR rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the Amerikaanse dollar and Zuid-Afrikaanse rand economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.