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Dollar - Rand Chart

USD/ZAR
Clock icon 55m
Last updated: Mar 28, 2024
Low
High
Average True Range
Total Intraday Range (% of ATR)
Note: Low and High figures are for the trading day.

Moving away from the Pound in the late 50's to early 60's, the Rand was established and is the current legal tender for South Africa, Swaziland, Lesotho and Namibia. The Rand has had its fair share of volatility with the currency depreciating massively following the apartheid era sanctions. The currency looks to benefit when investors are willing to take on more risk in developing countries. Any pullback in risk from global markets pushes the Rand significantly lower as seen during the financial crisis of 2008.

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Real Time News

DailyFXTeam Mar 28, 2024
Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.13% Gold: 0.64% Silver: -0.15% View the performance of all markets via https://t.co/WHTs8622rG https://t.co/kShGBIOrD8
2024-03-28 13:50:02
DailyFXTeam Mar 28, 2024
Heads Up:🇺🇸 Michigan Consumer Sentiment Final (Mar) due at 14:00 GMT (15min) Expected: 76.5 Previous: 76.9 https://t.co/ryLPuu38Oo
DailyFXTeam Mar 28, 2024
Heads Up:🇺🇸 Pending Home Sales YoY (Feb) due at 14:00 GMT (15min) Previous: -8.8% https://t.co/ryLPuu38Oo
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Economic Calendar

14:00:00
H
Michigan Consumer Sentiment Final (Mar)
A:
F: 76.5
P: R: 76.9
14:00:00
M
Pending Home Sales YoY (Feb)
A:
F:
P: R: -8.8%
14:00:00
L
Michigan Current Conditions Final (Mar)
A:
F:
P: R: 79.4
14:00:00
L
Michigan Consumer Expectations Final (Mar)
A:
F:
P: R: 75.2
14:00:00
L
Michigan 5 Year Inflation Expectations Final (Mar)
A:
F:
P: R: 2.9%
14:00:00
L
Michigan Inflation Expectations Final (Mar)
A:
F:
P: R: 3%
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