Quantec is a consultancy providing economic and financial data, country intelligence and quantitative analytical software.
January 15, 2018
The rand was considerably stronger against all currencies in December compared with the previous month. The unweighted average change in the value of the rand amounted to 9.3%. Month-on-month, the rand gained 11.8% against the Brazilian real, and was also considerably stronger against the yen (11%), the pound (10.9%0 and the dollar (10.4%). The rand also gained 9.9% again the Swiss franc and 8.9% against the euro.
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