When considering currency exchange or international investments, fluctuations in the exchange rate between the U.S. dollar and the South African rand can significantly impact financial decisions. According to the latest data, 10 U.S. dollars currently convert to 177.45 South African rand , translating to approximately 17.7452 rand per dollar . This exchange rate holds particular importance for international transactions and related financial activities.
Over the past year, the dollar-rand exchange rate has demonstrated notable volatility. The highest recorded rate reached 18.164 rand per dollar, while the lowest dipped to 17.707. This dynamic reflects the inherent unpredictability of currency markets. More recently, the three-month window showed even greater extremes, with a peak of 18.306 and a low of 17.514. Such fluctuations underscore the need for investors to remain vigilant about market movements.
The 12-month average exchange rate stands at 17.925 rand per dollar, providing a useful benchmark for those developing trading strategies. Financial analysts typically examine multiple factors when predicting future exchange rate movements, including economic indicators, policy changes, and overall market sentiment—all of which contribute to currency valuation shifts.
Market stability metrics reveal that the 30-day volatility rate currently measures 0.32%, while the 90-day volatility rate comes in slightly higher at 0.52%. These relatively low figures suggest a period of comparative market calm, potentially offering favorable conditions for short-term traders.
Monitoring the dollar-rand exchange rate serves dual purposes: facilitating more informed currency conversions and supporting strategic investment decisions. Regular tracking of these financial indicators enables investors to optimize asset management while maintaining effective risk control measures.