The rand is the currency of legal tender in South Africa

These rates are known as interbank rates. Interbank rates, also commonly referred to as market rates, are the official live conversion rates for a given currency pair.  The interbank rate is the constantly fluctuating price at which banks trade currencies with each other.

Forex Cross Rates

Global Market Data

Information & tools to explore the performance of global stock indices & currencies.

Global Market Data

Technical Analysis

What do the technicals say?

Buy = Rand expected to Strengthen.  Sell = Rand expected to Weaken.

The above indicator is based on monthly moving averages. More information on this analysis can be found here

Technical Analysis as a forecaster of exchange rates.

Technical analysis provides a large basket of tools and strategies for trading currencies. There are successful traders that don’t use it, and there are successful traders that do. Ultimately, it is up to each individual to explore technical analysis further and determine if it is right for them. It doesn’t guarantee a return or provide 100% accuracy, but for those who diligently practice the concepts, it does provide a realistic possibility of trading success.

Looking for more information? Feel free to send us any questions you may have, over on our contactpage. Additional Rand information can be found over on the Economic data or Blog section of the Rand Review site.