|24h Vol (Global)||USD|
Explore the US dollar/South African Rand live chart. With this interactive tool, you can review the price of USD/ZAR, analyze rate trends in real time, track the USD/ZAR pair exchange rate in historic terms, and build your trading strategy to trade USD/ZAR with leverage on PrimeXBT.
The US dollar and the South African rand make up this Forex pair, which combines two of the world's top 20 most traded currencies. The performance of the USD/ZAR pair has shifted over time due to a variety of social, political, and economic factors. The USD to ZAR rate's volatility makes it a fascinating pair for traders, with a variety of factors to consider, such as inflation, interest rates, the political situation, and supply and demand of the countries' primary exported and imported goods and services.
A US dollar is made up of 100 cents. To distinguish it from other dollar-based currencies, it is designated with the symbol $ or US$. The United States dollar is the most widely used currency in the world and is regarded a benchmark currency.
The South African rand (ZAR) is the country's official currency, with the sign ZAR serving as the currency's currency abbreviation in foreign exchange (Forex) markets. The rand of South Africa is made up of 100 cents and is typically denoted by the letter R. The Witwatersrand ("white waters' ridge" in English; rand is the Dutch and Africans word for "ridge"), on which Johannesburg is situated and where most of South Africa's gold reserves were discovered, gave the rand its name.
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