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| Name | Symbol | Market | Type |
|---|---|---|---|
| United States Dollar vs South African Rand | FX:USDZAR | Forex | Exchange Rate |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.009 | -0.05% | 18.16315 | 18.1576 | 18.1687 | 18.2958 | 18.13895 | 18.1929 | 0 | 17:31:23 |
From May 2019 to May 2024
The South African Rand rose back against the U.S. dollar in the European session on Tuesday, as South Africa's ruling African National Congress formally ordered President Jacob Zuma to leave office amid corruption allegations.
At the ANC's executive committee meeting in Pretoria, the party officials decided to recall Zuma and gave him 48 hours to step down.
If Zuma rejects the order, he would be expelled through a parliamentary vote of no-confidence scheduled next week.
The rand rose back to 11.87 against the greenback, compared to Monday's closing value of 11.93. If the rand rises further, 10.00 is possibly seen as its next resistance level.
1 Year US Dollar vs ZAR Chart |
1 Month US Dollar vs ZAR Chart |
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