Questions tagged [south african rand]

MichaelSmith Sun Jul 14 2024 | 5 answers 1436

I'm curious to understand the current dynamics in the currency exchange market, specifically pertaining to the South African rand and the US dollar. Could you please elaborate on what the lowest exchange rate has been between these two currencies in recent history? Is there a significant fluctuation pattern that investors should be aware of? Additionally, how does this exchange rate impact the South African economy and its international trade relations? Any insights or analysis you could provide would be greatly appreciated.