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Market Commentary 13087
April, 2013 Data:
The 12 month forecast for the South African Rand is in the table at the top of
this page. Forecast-Chart.com is forecasting that the exchange rate for the
South African Rand will be roughly 9.57 South African Rands to the USD. The
table shows a HDTFA of 1.18 which suggests that the May, 2014 currency
exchange rate could easily fall between 10.74 and 8.39 ZAR/USD. Links to
Forecasts for fourteen other currencies may be found on the left side of this
page.
All data and calculations on this page are based on the average daily rate per
calendar month for ZAR/USD
HISTORICAL EXCHANGE RATE SUMMARY: ZAR/USD
Average (Last 12 Months) 8.61
Average (Last 10 Years) 7.39
High (Last 12 Months) 9.19 (March, 2013)
Low (Last 12 Months) 8.15 (May, 2012)
High (Since January, 1971) 11.68 (December, 2001)
Low (Since January, 1971) 0.67 (July, 1974)
The South African Rand exchange rate for April, 2013 averaged 9.11 ZAR to
USD. That's 7.9 basis points lower than the March, 2013 rate of 9.19, and 128
basis points higher than the April, 2012 rate of 7.83. The minor movement in
the ZAR/USD exchange rate from March to April provides evidence that the
short term trend in ZAR/USD is relatively flat. If that trend continues in the
currency market, we should see an average daily rate in May, 2013 that is close
to 9.03.
The average South African Rand conversion rate over the last 12 months was
8.61. The average rate over the last 10 years was 7.39. A higher South African
Rands to US Dollars exchange rate over the last 12 months compared to the
average rates over the last 10 years serve as an indicator that the long term
trend in ZAR/USD is up (strengthening US Dollar against the South African
Rand).
The highest currency rate for ZAR/USD over the last 12 months was 9.19. The
lowest was 8.15. The market high was attained in March, 2013. The market low
was achieved in May, 2012.
Forecast-Chart.com's historical research covers South African Rand data back
to January, 1971. The average exchange value during that period of history
was 3.92 ZAR/USD. The highest rate was 11.68. The lowest was 0.67. The
market high was attained in December, of 2001. The market low was achieved
in July of 1974. Recent rates experienced in April of 2013 are high relative to
the historical 3.92 average.
This page provides a five year chart and a forecast for the South African Rand.
For links to longer term charts, look at the links under the five year chart
(above). One link opens a ten year chart. Another opens our longest term
graph on the South African Rand. Just one glance at our long term charts can
provide tremendous insight into the historical trends of the financial markets.
The table above presents additional historical information on the South African
Rand. Rate data is presented on an annual basis.
In this site, you may view the month, year, five & ten year appreciation rates for
15 foreign currencies in one convenient table. Click the link titled: Strength of
the U.S. Dollar, under the ZAR/USD chart (near the top of this page).
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
April, 2013 Data:
The 12 month forecast for the South African Rand is in the table at the top of
this page. Forecast-Chart.com is forecasting that the exchange rate for the
South African Rand will be roughly 9.57 South African Rands to the USD. The
table shows a HDTFA of 1.18 which suggests that the May, 2014 currency
exchange rate could easily fall between 10.74 and 8.39 ZAR/USD. Links to
Forecasts for fourteen other currencies may be found on the left side of this
page.
All data and calculations on this page are based on the average daily rate per
calendar month for ZAR/USD
HISTORICAL EXCHANGE RATE SUMMARY: ZAR/USD
Average (Last 12 Months) 8.61
Average (Last 10 Years) 7.39
High (Last 12 Months) 9.19 (March, 2013)
Low (Last 12 Months) 8.15 (May, 2012)
High (Since January, 1971) 11.68 (December, 2001)
Low (Since January, 1971) 0.67 (July, 1974)
The South African Rand exchange rate for April, 2013 averaged 9.11 ZAR to
USD. That's 7.9 basis points lower than the March, 2013 rate of 9.19, and 128
basis points higher than the April, 2012 rate of 7.83. The minor movement in
the ZAR/USD exchange rate from March to April provides evidence that the
short term trend in ZAR/USD is relatively flat. If that trend continues in the
currency market, we should see an average daily rate in May, 2013 that is close
to 9.03.
The average South African Rand conversion rate over the last 12 months was
8.61. The average rate over the last 10 years was 7.39. A higher South African
Rands to US Dollars exchange rate over the last 12 months compared to the
average rates over the last 10 years serve as an indicator that the long term
trend in ZAR/USD is up (strengthening US Dollar against the South African
Rand).
The highest currency rate for ZAR/USD over the last 12 months was 9.19. The
lowest was 8.15. The market high was attained in March, 2013. The market low
was achieved in May, 2012.
Forecast-Chart.com's historical research covers South African Rand data back
to January, 1971. The average exchange value during that period of history
was 3.92 ZAR/USD. The highest rate was 11.68. The lowest was 0.67. The
market high was attained in December, of 2001. The market low was achieved
in July of 1974. Recent rates experienced in April of 2013 are high relative to
the historical 3.92 average.
This page provides a five year chart and a forecast for the South African Rand.
For links to longer term charts, look at the links under the five year chart
(above). One link opens a ten year chart. Another opens our longest term
graph on the South African Rand. Just one glance at our long term charts can
provide tremendous insight into the historical trends of the financial markets.
The table above presents additional historical information on the South African
Rand. Rate data is presented on an annual basis.
In this site, you may view the month, year, five & ten year appreciation rates for
15 foreign currencies in one convenient table. Click the link titled: Strength of
the U.S. Dollar, under the ZAR/USD chart (near the top of this page).
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
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South African Rands per 1 US Dollar are shown in gray (average daily rate per calendar month). The
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the U. S.
Dollar has weakened, causing...
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the U. S.
Dollar has weakened, causing...
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| South African Rand Currency Exchange Rate Forecast |
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| South African Rand Forecast Recent Currency Exchange Rates |
| South African Rand to US Dollar Graph (ZAR to USD) - 5 Yr. History |
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Forecast & Current Analysis: South African Rand (ZAR)
1/08 1/2009 1/2010 1/2011 1/2012 1/2013 1/2014 1/15
U.S. Dollar Currency Exchange Rate: Four Year Forecast
Probability forecast of the currency exchange value of the U.S. Dollar relative to the currencies of a
broad group of major U.S. Trading Partners.
Strength of the U.S. Dollar
The appreciation of the US Dollar verses 15 foreign currencies for the last month, one, five and ten
year periods... A world wide currency market snapshot.
Politics and the U.S. Dollar
Does the U.S. Dollar perform better under Republicans or Democrats? The historical performance
of the U.S. Dollar and numerous other economic indexes are presented according to which party
controlled the U.S. Government.
100 Year Chart
Graph of the U. S. Dollar, stocks, home values, inflation and GNP. Numerous economic, military,
political and financial crises are shown on the chart.
Probability forecast of the currency exchange value of the U.S. Dollar relative to the currencies of a
broad group of major U.S. Trading Partners.
Strength of the U.S. Dollar
The appreciation of the US Dollar verses 15 foreign currencies for the last month, one, five and ten
year periods... A world wide currency market snapshot.
Politics and the U.S. Dollar
Does the U.S. Dollar perform better under Republicans or Democrats? The historical performance
of the U.S. Dollar and numerous other economic indexes are presented according to which party
controlled the U.S. Government.
100 Year Chart
Graph of the U. S. Dollar, stocks, home values, inflation and GNP. Numerous economic, military,
political and financial crises are shown on the chart.
| Forecasts, charts and analysis... |
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