ZAR to USD Market Data
South African rand (ZAR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
📊 Quick forecast view
🔴 Mild downside
N/A
🌍 Global risk sentiment
⚪ Range-bound
90-day market context
Currency Forecasts related to ZAR/USD
ZAR to USD Exchange Rate Forecast & Outlook
Currently, ZAR/USD is trading near the midpoint of its recent range, supported by risk-off sentiment. The pair remains trading close to its 3-month average, with limited momentum.
ZAR to EUR Exchange Rate Forecast & Outlook
Currently, ZAR/EUR is trading close to its 3-month average and finds support around recent lows. The pair remains within a stable range, with risk sentiment still favouring safe havens.
EUR to USD Exchange Rate Forecast & Outlook
EUR/USD is trading near its 3-month average within a very stable range. The pair’s recent sideways movement is supported by risk-off sentiment, which favors safe-haven currencies.
ZAR to USD Conversion: What Is Your Money Worth?
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 * :
*Converted at the current ZAR-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the best Send Money conversion rate for ZAR to USD?
The best ZAR to USD exchange rate is 0.0598 from OFX . This is -0.49% compared to the mid-market rate 0.060092.
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 OCBC Bank - Rand to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OCBC Bank and other foreign exchange providers against the latest ZAR-USD mid-rate and the possible savings of using various providers.
How do OCBC Bank ZAR-USD rates compare between providers?
Looking at the full ZAR to USD - Send Money comparison table the provider with the best ZAR to USD exchange rate is OFX at 0.0598, -0.49% from the latest mid-market rate 0.060092.
The next best is XE at 0.0597, -0.65% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like OCBC Bank 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.