USD/ZAR 16.39922

Market Overview

Market Overview The USD/ZAR pair closed at 16.3992 on September 30, 2026, reflecting a decline of 0.19% from the previous close of 16.4300. Over the past 30 days, the pair has experienced a modest uptrend with a positive return of 1.77%, ranging between a low of 15.9164 and a high of 16.4769. Technical levels show the 20-day moving average at 16.2819, the 50-day at 16.1550, and the 200-day at 16.4306, with the price trading above the short-term average. The 14-day RSI stands at 59.0, in neutral territory, indicating balanced momentum. Key support is at 15.9164, while resistance is near 16.4769. The Sigmanomics forecast model currently projects a bearish bias for the near term. The USD/ZAR forex pair tracks the exchange rate between the US Dollar and the South African Rand. Over the same 30-day window, daily-return volatility was 0.49%, reflecting subdued price variability for this pair. Across the past 52 weeks, the pair has traded between 15.6364 and 17.2480, with the current price near the midrange of that range. Among macroeconomic indicators in our coverage, Core Inflation Rate YOY shows the strongest historical relationship with this instrument, negatively correlated (r = -0.82). Updated 9/30/26