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1. businesstech.co.za › news › financeRand vs the dollar: 1978 – 2016 – BusinessTech

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   Mar 13, 2016 · Before 9/12, South Africa’s weakest point against the dollar was R12.45 in December 2001. In December 2015, the rand crashed to R15.38, before getting within a fraction of R18 to the dollar in ...

   • Rand Flirts With R15 vs The Dollar

     By 15h15, the local unit had firmed more than a percent...

   • Rand Takes a Dive Amid Sa Political Chaos

     Rand Merchant Bank economist Deon Kohlmeyer said the local...

   • Rand Takes a Hit After Budget Speech

     Finance Minister Pravin Gordhan has delivered his 2016...

   • Weak Rand Curbs Sa Employers From Hiring

     South African employers have reported conservative hiring...

2. tradingeconomics.com › south-africa › currencySouth African Rand Quote - Chart - Historical Data - News

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   South African Rand - data, forecasts, historical chart - was last updated on October 15 of 2024. The USDZAR increased 0.0434 or 0.25% to 17.5969 on Tuesday October 15 from 17.5535 in the previous trading session. The South African Rand is expected to trade at 17.65 by the end of this quarter, according to Trading Economics global macro models ...

3. www.thesouthafrican.com › news › how-the-rand-hasHow the rand has fallen since 1994 - The South African

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   Aug 1, 2015 · The rand/dollar exchange in the post-apartheid South Africa had been impacted by national and international social, political and economic events. The 2001 September 11 attacks on the World Trade ...

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5. dailyinvestor.com › finance › 18829Rand slumped from R3.62 to R19.80 since 1994 – Daily Investor

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   Jun 1, 2023 · Drikus Greyling • 1 June 2023. Since the ANC government took office in 1994, the South African rand has declined from R3.62 per US dollar to over R19.80 per US dollar. Over the last three decades, the rand’s value has declined by 82% relative to the US dollar. It is equivalent to losing an annual compounded 6% in rand value for the 29-year ...

6. www.justice.gov.za › commissions › comm_randPage The history of the rand 1 The rand in 2001 5 The rand ...

   www.justice.gov.za › commissions › comm_rand

   Long term chart of USD-ZAR. Exchange rate of the rand against the US dollar during 2001. Rand/Dollar exchange rate from July 2001. Currencies against the US Dollar. Exchange rates of countries (BBB rated) against the US dollar. Exchange rates of various countries against the US dollar.

7. businesstech.co.za › news › businessHow far the rand has fallen: from 2000 to 2016 – BusinessTech

   businesstech.co.za › news › business

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   South Africa’s currency hit a new low against the US dollar late on Sunday night, as Asian markets opened, hitting as low as R17.99 to the US dollar before pulling back to R17.25, and settling ...

8. People also ask

   What was South Africa's weakest point against the dollar before 9/12?

   • Before 9/12, South Africa’s weakest point against the dollar was R12.45 in December 2001. In December 2015, the rand crashed to R15.38, before getting within a fraction of R18 to the dollar in early January – though very briefly. The rand’s new (stable) record low is at R16.86, while it is currently trading at around R15.25 to the dollar.

   Rand vs the dollar: 1978 – 2016 – BusinessTech

   businesstech.co.za/news/finance/116372/rand-vs-the-dollar-1978-2016/

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   How did post-apartheid South Africa affect the Rand/Dollar exchange?

   • The rand/dollar exchange in the post-apartheid South Africa had been impacted by national and international social, political and economic events. The 2001 September 11 attacks on the World Trade Center in New York caused the rand to fall to a record low of R13.84 to the dollar. The steady decline of the dollar since 1994 can be seen here:

   How the rand has fallen since 1994 - The South African

   www.thesouthafrican.com/news/how-the-rand-has-fallen-since-1994/

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   Why did the South African rand weaken in 1994?

   • Initially it was uncertainty about the country’s new government that saw the rand weaken to an average R3.55 versus the dollar in 1994 (Historically the rand was worth US $ 1.40 from the […] Since South Africa’s first democratic elections in 1994 the strength of the South African rand started on a journey of steady decline.

   How the rand has fallen since 1994 - The South African

   www.thesouthafrican.com/news/how-the-rand-has-fallen-since-1994/

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   Is South Africa's currency undervalued?

   • This “implied” exchange rate is a far stretch from the R15.81 used at the time of the study. The difference, in theory at least, means that the rand is undervalued by 64% At R16.72 to the dollar, the currency is undervalued by 66% in PPP terms – the lowest point in South Africa’s history on the index.

   How far the rand has fallen: from 2000 to 2016 – BusinessTech

   businesstech.co.za/news/business/108555/how-far-the-rand-has-fallen-from-2000-to-2016/

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   What is South Africa's currency?

   • The rand, South Africa's currency, has been in a largely downward trend against the U.S. dollar since it was introduced in 1961 following independence from the U.K.

   Is The Rand Still A Strong Currency In Africa? | FXCM South Africa

   www.fxcm.com/za/insights/is-the-rand-still-a-strong-currency-in-africa/

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   Is South Africa's Rand undervalued?

   • The difference, in theory at least, means that the rand is undervalued by 64% At R16.72 to the dollar, the currency is undervalued by 66% in PPP terms – the lowest point in South Africa’s history on the index. The table below shows the rand’s value from 2000 to 2016 relative to the US dollar in PPP terms using Bic Mac prices.

   How far the rand has fallen: from 2000 to 2016 – BusinessTech

   businesstech.co.za/news/business/108555/how-far-the-rand-has-fallen-from-2000-to-2016/

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9. www.fxcm.com › za › insightsIs The Rand Still A Strong Currency In Africa? | FXCM South ...

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   Mar 16, 2020 · The rand, South Africa's currency, has been in a largely downward trend against the U.S. dollar since it was introduced in 1961 following independence from the U.K. Despite its large size and rich mineral wealth, the country has been hurt by government corruption, a strong USD and investor uncertainties about emerging market economies and ...