The USD/ZAR exchange rate fell to 17.7256 on June 24, 2025, down 0.76% from the previous session. Over the past month, the South African Rand has strengthened 0.72%, and is up by 2.86% over the last 12 months. South African Rand - values, historical data, forecasts and news - updated on June of 2025.

Prices for USDZAR US Dollar South African Rand including live quotes, historical charts and news. USDZAR US Dollar South African Rand was last updated by Trading Economics this June 6 of 2025.

Prices for AUDZAR Australian Dollar South African Rand including live quotes, historical charts and news. AUDZAR Australian Dollar South African Rand was last updated by Trading Economics this June 24 of 2025.

Prices for NZDZAR New Zealand Dollar South African Rand including live quotes, historical charts and news. NZDZAR New Zealand Dollar South African Rand was last updated by Trading Economics this June 24 of 2025.

A graphic that displays the dollar performance against other currencies reveals that economic developments had mixed results on currency exchanges. The third quarter of 2023 marked a period of disinflation in the euro area, while China's projected growth was projected to go up. The United States economy was said to have a relatively strong performance in Q3 2023, although growing capital market interest rate and the resumption of student loan repayments might dampen this growth at the end of 2023. A relatively weak Japanese yen Q3 2023 saw pressure from investors towards Japanese authorities on how they would respond to the situation surrounding the Japanese yen. The USD/JPY rate was close to ***, whereas analysts suspected it should be around ** given the country's purchase power parity. The main reason for this disparity is said to be the differences in central bank interest rates between the United States, the euro area, and Japan. Any future aggressive changes from, especially the U.S. Fed might lower those differences. Financial markets responded somewhat disappoint when Japan did not announce major plans to tackle the situation. Potential rent decreases in 2024 Central bank rates peak in 2023, although it is expected that some of these will decline in early 2024. That said, analysts expect overall policies will remain restrictive. For example, the Bank of England's interest rate remained unchanged at **** percent in Q3 2023. It is believed the United Kingdom's central bank will ease its interest rate in 2024 but less than either the U.S. Fed or the European Central Bank. This should be a positive development for the pound compared to either the euro or the dollar.

south africa - South African Rand to U.S. Dollar Spot Exchange Rate was 18.33460 South African Rand to 1 U.S. $ in January of 2024, according to the United States Federal Reserve. Historically, south africa - South African Rand to U.S. Dollar Spot Exchange Rate reached a record high of 18.45350 in January of 2023 and a record low of 14.77510 in January of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for south africa - South African Rand to U.S. Dollar Spot Exchange Rate - last updated from the United States Federal Reserve on June of 2025.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Ingersoll Rand (IR) Stock: Powering Up or Running Out?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Snapshot img { margin: 10px !important; } The global variable refrigerant flow system (VRF) market size will grow by USD 7.40 billion during 2019-2023. This market report provides a detailed analysis of the market by end-users (commercial, residential, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on many market vendors, including Daikin Industries Ltd., Ingersoll-Rand Plc, Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Midea Group Co. Ltd., Mitsubishi Electric Corp., Panasonic Corp., Samsung Electronics Co. Ltd., and Toshiba Corp.

Key Insights on VRF System Market - Global Forecast 2019-2023

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Industry Overview

Energy conservation has gained significant importance to achieve green development across the world. As a result, the demand for energy-efficient equipment is rising, which is one of the key factors driving the VRF system market growth. VRF systems are highly energy-efficient and can help residential and commercial buildings in saving 40% energy compared with traditional air conditioning equipment. Moreover, the maintenance of VRF systems is mostly limited to changing filters and cleaning coils of fan coil units and does not require professional assistance. The high energy performance of the equipment and its ability to save labor and operational costs will increase sales for vendors. As a result of such factors, the variable refrigerant flow system market will record a CAGR over 10% during 2019-2023.

In addition to the basic benefits of VRF systems that are fueling sales, vendors are also launching new products with improved features to increase customer base and market size. For instance, Trane, a subsidiary of Ingersoll Rand, launched Genyue5+ that provides 26% better efficiency compared with conventional systems. New product launches are increasing the demand for VRF systems, and vendors have already started focusing on expanding their production facilities.

Top Companies in VRF System Market

The global market is fragmented. To help clients improve their market positions, this VRF system market forecast report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This report also includes information on the upcoming VRF system market trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

The report offers a detailed analysis of several leading VRF systems manufacturers, including:

Daikin Industries Ltd.
Ingersoll-Rand Plc
Johnson Controls International Plc
Lennox International Inc.
LG Electronics, Inc.
Midea Group Co. Ltd.
Mitsubishi Electric Corp.
Panasonic Corp.
Samsung Electronics Co. Ltd.
Toshiba Corp.

Market Segmentation

Variable Refrigerant Flow System Market by End-users

Commercial
Residential
Others

The commercial end-user segment held the largest market share in 2018. This VRF system market analysis predicts that the segment will continue to account for the highest variable refrigerant flow system share over the forecast period. The increasing applications of VRF systems in commercial facilities such as offices, data centers, hospitals, and others and the significantly growing commercial sector will boost the growth of the market segment during the forthcoming years. This report provides an accurate prediction of the contribution of all the segments to the growth of the VRF system market size.

Variable Refrigerant Flow System by Region

APAC
Europe
MEA
North America
South America

With a complete study of the growth opportunities for companies, it has been identified that APAC will account for the highest share of the VRF system market throughout the forecast period. Factors such as the presence of major players, significantly growing commercial and residential sectors, and rising need for energy efficiency are contributing to the VRF system industry growth in this region.

Major Highlights of the Variable Refrigerant Flow System Market - Global Forecast 2019-2023

CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will accelerate the growth of the VRF system during the next five years
Precise estimation of the global VRF system market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the VRF system industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive

Prices for EURZAR Euro South African Rand including live quotes, historical charts and news. EURZAR Euro South African Rand was last updated by Trading Economics this June 24 of 2025.

The South African advertising industry is projected to grow from 1.35 billion U.S. dollars in 2011 to 3.24 billion U.S. dollars by 2023, owing to factors such as the growing number of advertising agencies, increased advertising spend by enterprises and the growth in digital and mobile advertising. Although TV and video was the largest medium in 2019, internet advertising is expected to account for the major share in the medium term, owing to growing internet penetration and the increasing number of mobile internet users. In fact, mobile advertising revenue is projected to grow over two-fold between 2018-2023. In terms of ad spend, Shoprite Holdings is the highest spender, with a total spend of nearly 1.48 billion South African rand in 2017-18. Clientele Life, followed by Unilever South Africa, Outsurance Insurance and Coca Cola South Africa follow suit respectively. The Omnicom media group is the leading advertising agency, having garnered 582 million U.S. dollars in 2017, followed by the Media shop and Mindshare. Advertising industry likely to experience recession in the short term Industry experts predict that a recession in the advertising sector is highly probable as enterprises all over the world are reducing their ad spend and postponing ad campaigns, owing to Covid-19. According to data from the World Federation of Advertisers, nearly 81 percent of large advertisers are deferring planned ad campaigns, including Coca Cola, Unilever, Visa and Airbnb.

The gross domestic product (GDP) in current prices in South Africa lies at approximately 410.34 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025Compared to the earliest depicted observation from 1980 there is a total increase by approximately 320.93 billion U.S. dollars. Looking at the trajectory between 1980 and 2025, one can observe that this increase however did not happen continuously.Continuous rise between 2025 and 2030The GDP will lie at around 490.01 billion U.S. dollars in 2030, according to forecasts. There is an overall increase by approximately 79.67 billion U.S. dollars since 2025. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

As of 2024, around 13.2 million people in South Africa are living in extreme poverty, with the poverty threshold at 2.15 U.S. dollars daily. This means that 139,563 more people were pushed into poverty compared to 2023. Moreover, the headcount was forecast to increase in the coming years. By 2030, over 13.4 million South Africans will live on a maximum of 2.15 U.S. dollars per day. Who is considered poor domestically? Poverty is measured using several matrices. For example, local authorities tend to rely on the national poverty line, assessed based on consumer price indices (CPI) of a basket of goods of food and non-food components. In 2023, the domestic poverty line in South Africa stood at 1,109 South African rand per month (around 62.14 U.S. dollars per month). According to a survey, social inequality and poverty worried a significant share of the South African respondents. As of September 2024, some 33 percent of the respondents reported that they were worried about the state of poverty and unequal income distribution in the country.   Eastern Cape residents received more grants South Africa’s labor market has struggled to absorb the country’s population. In 2023, almost a third of the economically active population was unemployed. Local authorities employ relief assistance and social grants in an attempt to reduce poverty and assist poor individuals. In 2023, almost 50 percent of South African households received state support, with the majority share benefiting in the Eastern Cape.

In 2018, the hotel room revenue in South Africa accounted for approximately 16.71 billion South African rand (which is comparable to 1.15 U.S. billion dollars). Total revenue from hotel rooms is forecast to reach 19.65 billion South African rand (1.35 billion U.S. dollars) by 2023.

The national debt of South Africa was about ************** U.S. dollars in 2024. Between 2000 and 2024, the national debt rose by approximately ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around ************** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

Prices for HKDZAR Hong Kong Dollar South African Rand including live quotes, historical charts and news. HKDZAR Hong Kong Dollar South African Rand was last updated by Trading Economics this May 28 of 2025.

The Gross Domestic Product (GDP) in South Africa was worth 380.70 billion US dollars in 2023, according to official data from the World Bank. The GDP value of South Africa represents 0.36 percent of the world economy. This dataset provides the latest reported value for - South Africa GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M2 in South Africa increased to 4492281 ZAR Million in April from 4481746 ZAR Million in March of 2025. This dataset provides the latest reported value for - South Africa Money Supply M2 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M0 in South Africa decreased to 494191 ZAR Million in April from 501771 ZAR Million in March of 2025. This dataset provides the latest reported value for - South Africa Money Supply M0 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.