The USD/ZAR exchange rate fell to 17.7236 on July 18, 2025, down 0.59% from the previous session. Over the past month, the South African Rand has strengthened 1.62%, and is up by 3.01% over the last 12 months. South African Rand - values, historical data, forecasts and news - updated on July of 2025.

European Union FX Reference Rate: ECB: South African Rand to Euro data was reported at 21.110 EUR/ZAR in Apr 2025. This records an increase from the previous number of 19.878 EUR/ZAR for Mar 2025. European Union FX Reference Rate: ECB: South African Rand to Euro data is updated monthly, averaging 11.780 EUR/ZAR from Jan 1999 (Median) to Apr 2025, with 316 observations. The data reached an all-time high of 21.135 EUR/ZAR in May 2023 and a record low of 6.162 EUR/ZAR in Jan 2000. European Union FX Reference Rate: ECB: South African Rand to Euro data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Kosovo – Table KS.ECB: Euro Foreign Exchange Reference Rates.

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 July 13 of 2025.

United Kingdom Sterling Exchange Rate: Monthly Avg: South African Rand data was reported at 18.178 ZAR/GBP in Nov 2018. This records a decrease from the previous number of 18.857 ZAR/GBP for Oct 2018. United Kingdom Sterling Exchange Rate: Monthly Avg: South African Rand data is updated monthly, averaging 7.246 ZAR/GBP from Jan 1975 (Median) to Nov 2018, with 527 observations. The data reached an all-time high of 23.507 ZAR/GBP in Jan 2016 and a record low of 1.424 ZAR/GBP in Nov 1976. United Kingdom Sterling Exchange Rate: Monthly Avg: South African Rand data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.M007: Foreign Exchange Rates.

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 July 18 of 2025.

Graph and download economic data for South African Rand to U.S. Dollar Spot Exchange Rate (DEXSFUS) from 1980-01-02 to 2025-07-11 about South Africa, exchange rate, currency, rate, and USA.

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 July 18 of 2025.

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Foreign Exchange Market Size 2025-2029

The foreign exchange market size is forecast to increase by USD 582 billion, at a CAGR of 10.6% between 2024 and 2029.

The Foreign Exchange Market is segmented by type (reporting dealers, financial institutions, non-financial customers), trade finance instruments (currency swaps, outright forward and FX swaps, FX options), trading platforms (electronic trading, over-the-counter (OTC), mobile trading), and geography (North America: US, Canada; Europe: Germany, Switzerland, UK; Middle East and Africa: UAE; APAC: China, India, Japan; South America: Brazil; Rest of World). This segmentation reflects the market's global dynamics, driven by institutional trading, increasing digital adoption through electronic trading and mobile trading, and regional economic activities, with APAC markets like India and China showing significant growth alongside traditional hubs like the US and UK.
The market is experiencing significant shifts driven by the escalating trends of urbanization and digitalization. These forces are creating 24x7 trading opportunities, enabling greater accessibility and convenience for market participants. However, the market's dynamics are not without challenges. The uncertainty of future exchange rates poses a formidable obstacle for businesses and investors alike, necessitating robust risk management strategies. As urbanization continues to expand and digital technologies reshape the trading landscape, market players must adapt to remain competitive. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. Companies seeking to capitalize on these opportunities must navigate the challenges effectively, ensuring they stay abreast of exchange rate fluctuations and implement agile strategies to mitigate risk.
The ability to adapt and respond to these market shifts will be crucial for success in the evolving market.

What will be the Size of the Foreign Exchange Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic and intricate realm of the market, entities such as algorithmic trading, order book, order management systems, and liquidity risk intertwine, shaping the ever-evolving market landscape. The market's continuous unfolding is characterized by the integration of various components, including sentiment analysis, Fibonacci retracement, mobile trading, and good-for-the-day orders. Market activities are influenced by factors like political stability, monetary policy, and market liquidity, which in turn impact economic growth and trade settlement. Technical analysis, with its focus on chart patterns and moving averages, plays a crucial role in informing trading decisions. The market's complexity is further amplified by the presence of entities like credit risk, counterparty risk, and operational risk.

Central bank intervention, order execution, clearing and settlement, and trade confirmation are essential components of the market's infrastructure, ensuring a seamless exchange of currencies. Geopolitical risk, currency correlation, and inflation rates contribute to currency volatility, necessitating hedging strategies and risk management. Market risk, interest rate differentials, and commodity currencies influence trading strategies, while cross-border payments and brokerage services facilitate international trade. The ongoing evolution of the market is marked by the emergence of advanced trading platforms, automated trading, and real-time data feeds, enabling traders to make informed decisions in an increasingly interconnected and complex global economy.

How is this Foreign Exchange Industry segmented?

The foreign exchange industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reporting dealers
  Financial institutions
  Non-financial customers


Trade Finance Instruments

  Currency swaps
  Outright forward and FX swaps
  FX options


Trading Platforms

  Electronic Trading
  Over-the-Counter (OTC)
  Mobile Trading


Geography

  North America

    US
    Canada


  Europe

    Germany
    Switzerland
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period.

The market is a dynamic and complex ecosystem where various entities interplay to manage currency risks and facilitate international trade. Reporting dealers, as key participants,

The South African advertising industry is projected to grow from **** billion U.S. dollars in 2011 to **** 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 **** 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 *** 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 ** percent of large advertisers are deferring planned ad campaigns, including Coca Cola, Unilever, Visa and Airbnb.

Interbank Rate in South Africa remained unchanged at 7.10 percent on Tuesday July 15. This dataset provides - South Africa Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The timeline presents the value of the social online games market in South Africa from 2014 to 2018, with a forecast until 2023. In 2023, the entire social online gaming market in South Africa is estimated to be worth around **** billion South African rand, up from **** billion in 2018.

This graph depicts mobile advertising revenue in South Africa from 2014 to 2018, with a forecast until 2023. In 2018, the revenue amounted to 1.99 billion South African rand and is expected to increase to 4.41 billion in 2023.

The timeline presents the internet advertising revenue in South Africa from 2014 to 2018, with a forecast until 2023, by device. Mobile internet advertising is expected to increase from 1.96 billion South African rand in 2018 to 4.38 billion South African rand in 2023.

The timeline presents the entertainment and media revenue in South Africa from 2014 to 2018, with a forecast until 2023. The spending is expected to grow from ***** billion South African rand in 2018 to *** billion in 2023.

The timeline presents the consumer entertainment and media spending in South Africa from 2011 to 2018, with a forecast until 2023. Consumer entertainment and media spending in South Africa will grow from **** billion South African rand in 2018 to ***** billion in 2023.

The timeline presents the advertising spending in South Africa from 2014 to 2018, with a forecast until 2023. The spend is expected to grow from **** billion South African rand in 2018 to **** billion South African rand in 2023.

Key information about South Africa Foreign Exchange Reserves: % of GDP

• South Africa Foreign Exchange Reserves: % of GDP was reported at 11.762 % in Sep 2024
• This records a decrease from the previous number of 11.974 % for Jun 2024
• South Africa Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 9.881 % from Mar 2001 to Sep 2024, with 95 observations
• The data reached an all-time high of 13.002 % in Dec 2020 and a record low of 3.099 % in Dec 2003
• South Africa Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Exchange Reserves: % of Nominal GDP: Quarterly

CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. South African Reserve Bank provides Foreign Exchange Reserves in USD. Statistics South Africa provides Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

The total equity of RCL Foods with headquarters in South Africa amounted to 13.44 billion South African rand in 2024. The reported fiscal year ends on June 27.Compared to the earliest depicted value from 2020 this is a total increase by approximately 3.62 billion South African rand. The trend from 2020 to 2024 shows, furthermore, that this increase happened continuously.

The timeline presents the TV and video market revenue in South Africa from 2014 to 2018, with a forecast until 2023. The revenue is expected to grow from ***** billion South African rand in 2018 to over ** billion South African rand in 2023.

Prices for SARZAR Saudi Riyal South African Rand including live quotes, historical charts and news. SARZAR Saudi Riyal South African Rand was last updated by Trading Economics this July 17 of 2025.