Wednesday, 5 September The South African Rand is also known as Rands. Do you have questions? At that time the currency had reached its highest value. History The rand was introduced on 14 February Italy Inflation Rate Revised Down to 1. The notes bore the image of Jan van Riebeeck.
54 rows · This currency rates table lets you compare an amount in South African Rand to all other currencies.
US Dollar to South African Rand Exchange Rate Recovers Monday Losses as Trade Fears Return
But event here we see little of substance to bother the Pound. It is only when negotiations get underway in earnest will Sterling move. Analysts at Barclays meanwhile reckon that the triggering of Article 50 could potentially align with a longer-term recovery they expect Pound Sterling to undertake. Expect the European Commission to slap a divorce bill on Britain in the early stages of this whole process. The Commission wants the UK to pay for all its outstanding spending commitments until , which amounts to a bill of billion Euros.
Needless to say the UK does not agree with the figure. Why would it the UK pay for a club it is no longer part of? Yes, these spending committments have been made, but they were made under the assumption that the UK would benefit from single market it is helping maintain via spending committments. The EU wants this issue dealt with ahead of trade negotiations which suggests they don't want the UK to use the bill as a negotiating chip.
Understandably, the UK wants the bill and negotiations to run concurrently. We expect the tug-of-war over these various issues to potentially inject volatility into Sterling markets, but don't see any fundamental shift in direction resulting. Recent rates experienced in April of are high relative to the historical 4. 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. Past performances are not necessarily indicative of future results. A person owning or controlling more than 6, contracts net long or net short in all contract months combined shall provide, in a timely fashion, upon request by the Exchange, information regarding the nature of the position, trading strategy, and hedging information if applicable; except that in no event shall such person own or control more than 5, contracts in the spot month on or after the day one week prior to the termination of trading day.
For positions involving options on South African rand futures, this rule is superseded by the option position accountability and spot month position limits rule. In addition, the Exchange President or his designee or the Business Conduct Committee may require, at their discretion, that such positions not be further increased.
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South African Rand Currency
South African Rand exchange rates and currency conversion. South Africa currency (ZAR). Track Rand forex rate changes, track Rand historical changes. Directory of best currency transfer providers, compare to exchange rates when sending money from South Africa. The South African Rand is the currency of South Africa. Our currency rankings show that the most popular South Africa Rand exchange rate is the USD to ZAR rate. The currency code for Rand is ZAR, and the currency symbol is R. Below, you'll find South African Rand rates and a currency converter. south african rand rates livetoday. Our currency rates table allows you to compare an amount in US Dollar to other currencies. South african rand exchange rates for today Forex.