answersLogoWhite

0

Recent fluctuations in the exchange rate between the South African rand and the US dollar can be attributed to several factors. Firstly, shifts in global economic conditions, including inflation rates and interest rate changes in the U.S., have influenced investor sentiment. Additionally, local economic indicators, such as South Africa's trade balance and political stability, have impacted the rand's strength. Lastly, global commodity prices, particularly for South Africa's key exports like gold and platinum, also play a crucial role in determining the rand's value against the dollar.

User Avatar

AnswerBot

2mo ago

What else can I help you with?

Related Questions

What is the currrent exchange rate between the dollar and the euro?

At the time of this answer, the exchange rate is USD 1.00 = Eur .73761 . Please keep in mind that the rates can change daily.


What is blue dollar?

In Argentina, the blue dollar is the unofficial exchange rate between pesos and the U.S. dollar.


Where can I change 100 dollar bills?

You can change 100 dollar bills at banks, currency exchange locations, or some retail stores.


What is an exchange rate of 120 between the Canadian dollar and Japanese yen means?

An exchange rate of 120 between the Canadian dollar (CAD) and the Japanese yen (JPY) means that 1 Canadian dollar is equivalent to 120 Japanese yen. This rate indicates how much of one currency can be exchanged for a unit of the other, reflecting the relative value of the two currencies in the foreign exchange market. If the CAD appreciates or depreciates against the JPY, the exchange rate will change accordingly.


What is the exchange rate between Kenya the US?

exchange rates from kenyan shilling to us dollar check out here http://kes.exchangerates24.com/


What is the exchange rate between the US dollar and the Euro, including the money signs for both currencies?

As of today, the exchange rate between the US dollar () and the Euro () is approximately 1 USD 0.85 EUR.


What is exchange rate today between US dollar and Australian dollar?

1 US dollar = 0,96877 Australian dollar ( official conversion, today 10.02.2013)


What is the exchange rate between Iraqi Dinar and the US dollar as of April 2013?

The current exchange rate between Iraqi Dinar and the US dollar as of April 2013 is 1 US dollar equals 1162.2483 Iraqi Dinar. This rate is based on the April 29 exchange rate.


What is CNX Defty?

It is the SNPCNX NIFTY the national stock exchange benchmark index in dollar terms. That is the index is adjusted for exchange rate movements between the dollar and rupee and measured in movement in US dollar terms.


What was the rate of exchange between the dollar and the pound sterling in 1965?

I think its 90p


What is the exchange rate between china currency and the us dollar?

1 US Dollar =6.83330 Chinese Yuan The above rate is for 2/24/2009 Plese remember that exchange rates can change daily. Follow the link provided to see current rates. The currency in China is called a Yuan.


What is the exchange rate between the US dollar and the euro, and how much is one currency worth in relation to the other?

As of today, the exchange rate between the US dollar and the euro is approximately 1 USD to 0.85 EUR. This means that one US dollar is worth about 0.85 euros.