South Africa Forex Market Overview (Monthly Report)

A monthly overview of the performance of the rand exchange rate against the most important developed and emerging market currencies. Purchasing power parity values for the rand are also shown against the dollar, euro, sterling, yen, Swiss franc and Canadian dollar. Rates of change in the rand against the various currencies are depicted for the past ten years. The changes in forward rates and trade financing rates are also depicted, as are spot, forward, swap and turnover statistics from the SA Reserve Bank.

South Africa Foreign Exchange Market (Monthly Report) - April 2017

19 April 2017

In March 2017, measured on a year ago, the rand was still substantially stronger against the British pound (32.

South Africa Foreign Exchange Market (Monthly Report) - March 2017

10 March 2017

In February 2017, the rand (ZAR) strengthened against virtually all of the major developed and emerging market currencies.

South Africa Foreign Exchange Market (Monthly Report) - February 2017

06 February 2017

In January 2017, the rand (ZAR) weakened slightly against most of the major developed and emerging market currencies.

South Africa Foreign Exchange Market (Monthly Report) - January 2017

09 January 2017

In December 2016, measured on a year ago, the rand was substantially stronger against the British pound (30%) and the Chinese yuan (14.

South Africa Foreign Exchange Market (Monthly Report) - December 2016

07 December 2016

In November 2016, measured on a year ago, the rand was still substantially weaker against the Japanese yen (-8.

South Africa Foreign Exchange Market (Monthly Report) - November 2016

08 November 2016

Using consumer price differentials of the past 10 years regressed on the crosses between the ZAR and other major currencies, reveal that the rand was now slightly overvalued against the EUR (0.