Market Commentary  14763
December, 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 11.72 South African Rands to the USD. The
table shows a HDTFA of 1.44 which suggests that the January, 2015 currency
exchange rate could easily fall between 13.16 and 10.27 ZAR/USD. Links to
Forecasts for fourteen other currencies may be found by clicking Currency
Exchange Forecasts at the top 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)        9.64
Average (Last 10 Years)          7.57
High (Last 12 Months)             10.37   (December, 2013)
Low (Last 12 Months)              8.74   (January, 2013)
High (Since January, 1971)      11.68   (December, 2001)
Low (Since January, 1971)       0.67   (July, 1974)

The South African Rand exchange rate for December, 2013 averaged 10.37
ZAR to USD. That's 16.7 basis points higher than the November, 2013 rate of
10.20, and 175 basis points higher than the December, 2012 rate of 8.62.  The
rise in the ZAR/USD exchange rate from November to December provides
evidence that the short term trend in ZAR/USD is up. In other words, a
strengthening of the US Dollar against the South African Rand in the short term.
If that trend continues in the currency market, we should see an average daily
rate in January, 2014 that is close to 10.54.

The average South African Rand conversion rate over the last 12 months was
9.64. The average rate over the last 10 years was 7.57.  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 10.37. The
lowest was 8.74. The market high was attained in December, 2013. The market
low was achieved in January, 2013.

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 4.01 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 December of 2013 are high
relative to the historical 4.01 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.












































_____________________________________________________________
Report a Problem with this Page    Contact Us     Privacy Policy    Terms of Use/Disclosure      
                                      
SignalTrend Inc.  2008 - 2012, All Rights Reserved
7.00
8.00
9.00
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...
South African Rand (ZAR) Currency Exchange Forecast
Target Month
Forecast
HDTFA
Forecast for the currency exchange rate of the
South African Rand for the target month
indicated, shown in Rands per US Dollars
(ZAR/USD).
January 2015
11.72
1.44
Updated Monday, January 27, 2014.
South African Rand Currency Exchange Rate Forecast
6.00
5.00
South African Rand Forecast
Recent Currency Exchange Rates
South African Rand to US Dollar Graph (ZAR to USD) - 5 Yr. History
10.00
11.00
12.00
Historical South African Rand Rate (ZAR)
Year
ZAR/USD
Year
ZAR/USD
Year
ZAR/USD
Year
ZAR/USD
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
0.71
0.77
0.70
0.68
0.74
0.87
0.87
0.87
0.84
0.78
0.88
1.09
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1.12
1.48
2.24
2.29
2.04
2.28
2.62
2.59
2.76
2.85
3.27
3.55
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
3.63
4.30
4.61
5.53
6.12
6.95
8.63
10.52
7.56
6.45
6.36
6.76
2007
2008
2009
2010
2011
2012
7.05
8.26
8.42
7.32
7.26
8.20
Average annual currency exchange rate for the South African Rand (Rands per U.S. Dollar)
is shown in this table: 1971 to present.
Forecast & Current Analysis: South African Rand (ZAR)
Forecasts, charts and analysis...
1/09
1/2010
1/2011
1/2012
1/2013
1/2014
1/2015
1/16