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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0494 | 0.27% | 18.4067 | 18.4042 | 18.4092 | 18.5299 | 18.39212 | 18.35305 | 0 | 14:06:51 |
From Jul 2019 to Jul 2024
Against its South African counterpart, the dollar traded lower during New York deals on Friday. At about 12:10 pm ET, the pair touched 7.4880, which may be compared to yesterday's closing value of 7.5900. This set an 11day low for the US currency. Presently, the pair is trading at 7.5485. The dollar has been in a downward channel against the rand since November 02, 2009.
Friday, the South African Reserve Bank announced that the gross reserves stood at US$39.8 billion in October, up from US$39.1 billion in September. Economists expected a gross reserves US$40.1 billion for October.
At the same time, gold reserves increased to US$4.2 billion from US$4.02 billion in September, while the foreign exchange reserves climbed to US$35.6 billion from US$39.1 billion.
Meanwhile, net reserves amounted to US$38.8 billion in October, up from US$37.9 billion in September.
1 Year US Dollar vs ZAR Chart |
1 Month US Dollar vs ZAR Chart |
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