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  1. Jun 2, 2023 · The table below lists all the countries where the rand is stronger (as of 2 June 2024) and their exchange rate with the South African rand. #. Country. Rand exchange rate. 1. Venezuela. 1/R0 ...

  2. “The rand is likely to remain within a R17.40 to R17.70 range in the short term as it tracks international moves but we could see further profit-taking, given the rand's recent strong run ...

    • Vernon Pillay
  3. Sep 30, 2024 · The global pullback of the US dollar, combined with a slight improvement in local investor sentiment due to South Africa’s political developments, has contributed to the rand hovering around the R18 mark. But let’s not get carried away—this is hardly an indication of strong economic fundamentals. Inflation is still a looming issue, and ...

  4. Jan 24, 2024 · Luke Fraser. · 24 Jan 2024. The South African rand is expected to end 2024 in a much better place compared to the dollar than where it started – but the sailing is not likely to be smooth ...

  5. Aug 5, 2024 · This is a slightly stronger position than at the start of the year, where the rand was 52.5% undervalued, and the 4th most undervalued in the basket of currencies The Economist looked at.

  6. Jun 18, 2024 · South Africa's rand was slightly stronger in early trade on Tuesday, building on gains after unity government members were confirmed last week and ahead of talks by U.S. Federal Reserve officials ...

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  8. May 22, 2024 · As of May 16, 2024, the rand has made incremental gains, reaching R18.23/USD. This increase is partly due to a reduced risk premium in South Africa’s currency and bond yields as the likelihood ...

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