The USDZAR decreased 0.0416 or 0.22% to 18.9936 on Friday April 26 from 19.0352 in the previous trading session. Historically, the South African Rand reached an all time high of 19.92 in June of 2023.
The South African Rand is expected to trade at 19.27 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 20.62 in 12 months time.