USD/ZAR: what to know
The USD/ZAR rate shows how much ZAR you get for 1 USD. Right now, 1 USD buys 16.4552 ZAR at the mid-market rate. In the other direction, 1 ZAR is worth 0.0608 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while ZAR responds to commodity prices and risk appetite.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered.
Available archived USD/ZAR observations within the last 365 days range from 15.6738 to 17.4693, with a -4.96% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.