Randdollar Exchange Rate Volatility Under Scrutiny

Randdollar Exchange Rate Volatility Under Scrutiny

This article analyzes the fluctuations in the South African Rand's exchange rate against the US Dollar, presenting the latest data showing that 5000 ZAR is equivalent to 281.84 USD. It discusses the factors influencing these rate changes and emphasizes the use of tools like the Xe app to help users stay informed about real-time exchange rates, enabling informed financial decisions.

USD to ZAR Exchange Rate Hits 1774

USD to ZAR Exchange Rate Hits 1774

Currently, 100 US dollars can be exchanged for 1774.08 South African Rand, with significant fluctuations in the exchange rate. The recent high was 18.164, and the low was 17.707, with a volatility of 0.32%. Economic conditions and market sentiment have a profound impact on the exchange rate.