USDZAR chart by TradingView


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.


Biggest 2-Day Move in Years for ZAR as Ramaphosa Deemed Leader of ANC

Traders long the South African Rand will be pleased as election results have driven USD/ZAR to a fresh nine-month low.
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Understanding the ANC Election Impact And Why ZAR Traders Care

Bearish USD/ZAR on Carry Trade Appeal, Weak USD

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USD/ZAR Well Placed to Strengthen Further, 14.00 Level In Sight

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Analyst Picks

Tyler Yell, CMT

Tyler Yell, CMT   

Forex Trading Instructor

My Picks: Bearish USD/ZAR on Carry Trade Appeal
Expertise: Technical Analysis, Intermarket Analysis, Swing Trading
Average Time Frame of Trades: 3 Weeks +

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