The USD/ZAR exchange rate rose to 16.3983 on April 10, 2026, up 0.25% from the previous session. Over the past month, the South African Rand has strengthened 0.46%, and is up by 14.23% over the last 12 months.

Historically, the USDZAR reached an all time high of 19.93 in April of 2025. South African Rand - data, forecasts, historical chart - was last updated on April 12 of 2026.

The South African Rand is expected to trade at 16.83 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 16.34 in 12 months time.



Crosses Price Day Year Date
USDZAR 16.3983 0.0417 0.25% -14.23% Apr/10
EURZAR 19.2353 0.1132 0.59% -11.44% Apr/10
GBPZAR 22.0875 0.1147 0.52% -12.08% Apr/10
AUDZAR 11.5849 0.0010 0.01% -3.67% Apr/10
NZDZAR 9.5857 0.0024 0.03% -13.93% Apr/10
ZARJPY 9.6819 -0.0366 -0.38% 28.98% Apr/10
ZARCNY 0.4153 -0.0022 -0.53% 9.01% Apr/10
ZARCHF 0.0480 -0.0004 -0.73% 12.56% Apr/10
ZARCAD 0.0841 -0.0003 -0.37% 15.96% Apr/10
ZARMXN 1.0520 -0.0096 -0.90% -0.99% Apr/10
ZARINR 5.6638 0.0104 0.18% 27.15% Apr/10
ZARBRL 0.3046 -0.0070 -2.25% 0.26% Apr/10
ZARRUB 4.6894 -0.0564 -1.19% 8.79% Apr/10
ZARKRW 90.2482 0.0950 0.11% 20.23% Apr/10
ZARIDR 1,039.7544 -3.6776 -0.35% 19.58% Apr/10
ZARARS 83.3985 -1.0930 -1.29% 50.06% Apr/10
ZARCZK 1.2654 -0.0087 -0.68% 9.44% Apr/10
ZARDKK 0.3877 -0.0028 -0.70% 12.66% Apr/10
ZARHUF 19.4668 -0.2215 -1.13% 3.67% Apr/10
 Currencies
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Related Last Previous Unit Reference
United States Inflation Rate 3.30 2.40 percent Mar 2026
South Africa Inflation Rate 3.00 3.50 percent Feb 2026
South Africa Interest Rate 6.75 6.75 percent Mar 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Mar 2026
United States Unemployment Rate 4.30 4.40 percent Mar 2026
South Africa Unemployment Rate 31.40 31.90 percent Dec 2025

South African Rand
The USDZAR spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the ZAR. While the USDZAR spot exchange rate is quoted and exchanged in the same day, the USDZAR forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
16.40 16.36 19.93 2.71 1992 - 2026 Daily

News Stream
South African Rand Weakens
The South African rand fell to around 16.5 per USD, down from recent one-month highs, as risk-off sentiment returned amid uncertainty over US-Iran truce. Continuing strikes in the Middle East, with Israel intensifying military action in Lebanon, led Tehran to maintain the closure of the Strait of Hormuz and signal a potential withdrawal from negotiations with the United States. This caused a fresh spike in oil prices and revived concerns about energy-driven inflation, leading investors to reconsider potential rate hikes by major central banks. South African assets rallied on April 8 after the news of a two-day ceasefire, with the rand gaining over 2% and paring some of the steep losses since the start of the war.
2026-04-09
South African Rand Jumps on Ceasefire Optimism
The South African rand appreciated sharply to around 16.3 per USD, the highest in nearly a month, boosted by global demand for emerging-market assets following the US-Iran two-week ceasefire agreement. President Trump pulled back from previous threats against Iran and agreed to a short period of truce after receiving a ten-point proposal from Tehran that would also reopen the strategic Strait of Hormuz. The announcement sent oil prices down more than 10%, easing inflationary concerns and tempering expectations for a more hawkish stance by major central banks. The US-Israeli attack on Iran caused a sharp reversal in South Africa’s inflation outlook, with markets shifting from expecting at least two SARB rate cuts over the next 18 months to pricing in four rate hikes. The rand had fallen nearly 6% last month, pressured by higher oil prices and gold losing its safe-haven appeal relative to the dollar.
2026-04-08
South African Rand Weaker
The South African rand edged down to around 16.9 per USD, as risk appetite faltered ahead of US President Trump’s deadline for Iran to reopen the Strait of Hormuz or face potential military action. Heightened uncertainty unsettled global markets and pushed oil prices higher, also reflecting ongoing disruptions in energy supplies. The rand has experienced heightened volatility since the conflict began in late February, reflecting South Africa’s vulnerability to oil price swings. South Africa now faces the risk of significant inflationary pressures in the coming months, a development that could influence the trajectory of interest rates. The South African Reserve Bank took the wait-and-see approach and decided to hold rates steady in its March meeting, leaving the door open for hikes if inflationary pressures intensify. The central bank is likely to keep interest rates elevated in the foreseeable future to protect its new inflation target.
2026-04-07