Against the backdrop of a volatile global economy, the exchange rate of the South African rand (ZAR) against the U.S. dollar (USD) has drawn significant attention. Currently, 1,000 ZAR converts to approximately 56.35 USD, reflecting a moderate upward trend in both short-term and long-term analyses.
Recent data indicates that 1 ZAR is valued at 0.0563528 USD. Over the past year, the rand has appreciated by 3.33% against the dollar. The real-time exchange rate on August 10, 2025, stood at 0.0563581 USD, suggesting minor fluctuations in the currency pair.
A 30-day analysis reveals that the rand experienced a peak of 0.056475 USD and a low of 0.055055 USD, with an average rate of 0.055793 USD, indicating relative stability. Extending the timeframe to 90 days, the currency reached a high of 0.057096 USD and a low of 0.054627 USD, further underscoring its short-term steadiness amid external pressures.
Volatility metrics stand at 0.32% (30-day) and 0.50% (90-day), reinforcing the rand’s resilience and conservative market expectations. These fluctuations are likely influenced by global economic conditions, domestic policy shifts in South Africa, and broader investor sentiment.
For businesses engaged in international trade or currency markets, monitoring these trends could prove instrumental in refining forex strategies. A nuanced understanding of exchange rate dynamics may offer a competitive edge in navigating financial uncertainties.