About the dolar american to rand sud-african exchange rate
The USD/ZAR pair shows how many rand sud-african (ZAR) one dolar american (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 16,646, 1 USD equals 16,646 ZAR and 1 ZAR equals 0,0601 USD. The inverse pair is ZAR/USD.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the dolar american and rand sud-african 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 rand sud-african buy one dolar american. A rise in USD/ZAR means dolar american strengthened against rand sud-african; a fall means dolar american weakened.
What drives the dolar american to rand sud-african rate
The USD/ZAR rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the dolar american and rand sud-african economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.