USD to ZAR pair trading
This forex pair combines two of the top 20 most frequently traded currencies around the world – the United States dollar and the South African rand. The performance of the USD to ZAR pair has fluctuated over the years in the wake of a number of social, political and economic factors.
The volatile nature of the USD to ZAR rate makes this pair an intriguing one for traders, with a number of elements to take into consideration, including inflation, interest rates, the political situation as well as supply and demand of the nations’ primary exported and imported goods and services.
USD to ZAR news
The trade war between the US and China has had a wide-reaching impact across the forex market, and the USD to ZAR pair is no different. Any resolution in negotiations between those two trade giants could have a significant knock-on effect in currency exchanges across the globe, so traders and investors may want to consider how any developments change the landscape of USD to ZAR news.
According to the Office of the United States Trade Representative, goods and services exchanged between the US and South Africa in 2018 totalled almost $19 billion. Machinery, vehicles, precious metal and stone and iron and steel were some of the more popular goods traded by the two countries, so anyone monitoring the USD to ZAR rate may wish to keep an eye on how those sectors develop over time.
USD to ZAR chart
Our USD to ZAR chart provides the opportunity to monitor the performance of this cross currency pair in real time. Not only that, but current or future traders can track the movements of the USD to ZAR rate over an hourly, daily, weekly or monthly timeframe, which could help to identify any developing trends. However, the data from our USD to ZAR chart should not be taken as a guarantee or prediction of any future performance of this pair.