Home Markets ForexUS Dollar / South African Rand

Trade US Dollar / South African Rand CFD

The base currency – USD. The counter currency – ZAR. The USD to ZAR chart represents the relationship of US dollar to the South African rand. The USD to ZAR is considered an exotic couple that is not traded as often as the majors, but also enjoys popularity among traders. The top global currency, the USD, is the most widely used reserve currency in the world. The official currency of South Africa, the rand is also a legal tender in Swaziland, Namibia and Lesotho. The rand experienced high volatility, when the currency was depreciating after the apartheid period sanctions. The ZAR looks stronger when investors decide to take on more risk in the developing countries. To catch up with latest USD to ZAR rate, follow Capital.com.

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