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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0122 | 0.07% | 18.3695 | 18.3545 | 18.3845 | 18.37552 | 18.34815 | 18.3565 | 0 | 01:51:27 |
From Jul 2019 to Jul 2024
During New York mid-day deals on Thursday, the South African rand plunged to its lowest level in almost 1-week against the dollar, touching 7.5838. This may be compared to yesterday's close of 7.4299. As of now, the rand is worth 7.5250 versus the dollar. If the South African currency moves down further versus the buck, it may likely test support around the 7.6331 level.
Thursday, the Statistics South Africa announced that the producer price index or PPI dropped 1.2% year-on-year in November, compared to the 3.3% fall in the previous month. Economists' expected a decline of 1.8%.
On a monthly basis, producer prices increased 0.8% in November, after falling 0.1% in October. Economists were looking for an increase of 0.2%.
Export price index dropped 11.9% on an annual basis in November, while import prices fell 5.7%. Month-on-month, export and import prices increased by 1.2% and 2% respectively in November.
1 Year US Dollar vs ZAR Chart |
1 Month US Dollar vs ZAR Chart |
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