The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
ZAR to USD Market Data
South African rand (ZAR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
ZAR to USD is at 90-day highs near 0.056462, 3.8% above its 3-month average of 0.054412, having traded in a quite volatile 11.7% range from 0.050563 to 0.056462
Is the ZAR to USD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the South African rand against the US dollar is to review how the ZAR/USD rate has changed over time.
The table below shows the percentage change in the ZAR to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
#USDZAR hits 90d lows @ 17.71, down 3.7% vs 3m avg. Analysts watching US NFP data after jobless claims rise sparked Fed dovish bets. Market experts say US tariffs on SA goods & oil price volatility (now $65.34) creating further pressure on Rand
To help you understand the real-world value of the current exchange rate, the table below shows how much South African rand are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different ZAR amounts at today’s rate * :
The standard OFX ZAR-USD rate is 0.05556018, -1.2% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
South African rand (ZAR) to US dollar (USD) rates from different sources before making a conversion.
The above
Rand to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest ZAR-USD mid-rate and the possible savings of using various providers.
How do ZAR-USD rates compare between providers?
Looking at the
full comparison table
the best ZAR to USD exchange rate is 0.056 from OFX, -0.42% from the mid-market rate 0.056235. The next best rate is 0.0559 from XE, -0.6% from the mid-rate. Then WorldRemit with 0.0554 is -1.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.