USDZAR

In this section, you will find important USDZAR news, actionable trading ideas, and a live USDZAR chart to help you understand how the South African Rand trades vs. the US Dollar.

USDZAR is the ticker symbol in fx markets that represents how many South African Rands you can buy with one US dollar. South African Rand is the legal tender of the Common Monetary Area which includes South Africa, Swaziland, Lesotho, and Namibia. The factors that affect USDZAR are the interest rates, the GDP growth, inflation, unemployment rates, balance of payments and other macroeconomic figures. The US Federal Reserve Bank and South African Central Bank are the two institutions that USDZAR traders follow in order to get an idea about the future moves of the pair.

Live USDZAR Chart


USDZAR News

USDZAR

USDZAR: South African Rand Bulls Just Got a Rude Awakening

The USDZAR pair is among the best-performing currency pairs in the market today. The pair is up by more than 2% and is trading at the highest level since May 29. The South African rand has also slumped against key currencies like the euro and the pound. Meanwhile, the country’s […]

USDZAR

USDZAR: Here’s Why the South African Rand Grisly Plunge is Continuing

The USDZAR pair is up by almost 1% today, continuing a bullish trend that started on July 28. The South African rand has fallen against the Us dollar in the past six consecutive days and is now at the lowest level since June 30. The currency has had its longest...

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ZAR

USDZAR: Here’s Why South African Rand is Suddenly Targeting 17.00

The USDZAR pair is up by more than 1.3% as traders reacted to the Fed interest rate decision and the South African factory-gate inflation data. The pair is trading at 16.7665, which is slightly below the intraday high of 16.8510, which was its highest level since July 14. The US...

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USDZAR

USDZAR: Why is the South African rand choking today?

The USDZAR pair jumped today as traders reflected on the weak inflation numbers from South Africa. The pair is up by almost 0.40% and is trading at 17.3095, which is higher than the day’s low of 17.1718.

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