About the rand sud-african to dolar american exchange rate
The ZAR/USD pair shows how many dolar american (USD) one rand sud-african (ZAR) 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.
ZAR/USD is quoted as USD per one ZAR. At 0,0601, 1 ZAR equals 0,0601 USD and 1 USD equals 16,646 ZAR. The inverse pair is USD/ZAR.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the rand sud-african and dolar american areas. Treasury teams, investors and travelers use ZAR/USD to convert prices, hedge FX risk and compare returns.
How ZAR/USD is quoted
In ZAR/USD, ZAR is the base currency and USD is the quote currency: the price is how many dolar american buy one rand sud-african. A rise in ZAR/USD means rand sud-african strengthened against dolar american; a fall means rand sud-african weakened.
What drives the rand sud-african to dolar american rate
The ZAR/USD rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the rand sud-african and dolar american economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.