The USDZAR increased 0.0848 or 0.58% to 14.6745 on Wednesday July 21 from 14.6004 in the previous trading session.
Historically, the South African Rand reached an all time high of 19.35 in April of 2020. South African Rand - data, forecasts, historical chart - was last updated on July of 2021.
The South African Rand is expected to trade at 14.56 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 15.11 in 12 months time.