USDZAR chart

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.


South African rand rally continues as Zuma resigns

The South African rand is rising against the US dollar as markets applaud Jacob Zuma’s decision to stand down as the country’s president.
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More Strength for South African Rand as Zuma Quits

South African Rand at Two-Year Highs as End of Zuma Era Nears

Where next for the South African rand amid further political turmoil?

The Rand Approving Recent Developments

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