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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.0016 | 0.01% | 18.3589 | 18.3438 | 18.374 | 18.5299 | 18.3207 | 18.3565 | 0 | 20:45:33 |
The South African rand surged up from morning session's 1-month high of 7.7873 versus the US dollar during New York afternoon deals on Friday. The rand jumped to 7.5910 versus the greenback by about 2:00 pm ET, which may be compared to Thursday's New York session close of 7.7080. Currently, the pair is worth 7.6115.
South Africa's new vehicle sales dropped 22.4% year-on-year in September to 31,726 units, the National Association of Automobile Manufacturers of South Africa or NAAMSA said in a report Friday.
In the first nine months of the year, vehicle sales dropped 30.3% year-on-year to 294,481 units.
Meanwhile, export sales slipped 49.3% on a yearly basis in September to 13,974 units. The association does not expect export sales to improve in the short to medium term.
1 Year US Dollar vs ZAR Chart |
1 Month US Dollar vs ZAR Chart |
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