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FX Rate to USD (Average) fell 3.59% yoy to 18.0 per USD in South Africa in 3Q2024

FX Rate to USD (Average) (per USD), 3Q2024
Economy | South Africa | November 3, 2024
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Average FX rate to USD fell 3.59% yoy to 18.0 per USD in South Africa in 3Q2024, according to the National Statistical Office. This is 3.24% less than in the previous quarter.

Historically, Average FX rate to USD in South Africa reached an all time high of 18.9 per USD in 1Q2024 and an all time low of 0.671 per USD in 2Q1974. When compared to South Africa's main peers, Average FX rate to USD in Botswana amounted to 13.4 per USD, 18.0 per USD in Lesotho, 18.0 per USD in Namibia and 18.0 per USD in Swaziland in 3Q2024.

South Africa has been ranked 64th within the group of 142 countries we follow in terms of Average FX rate to USD, 25 places above the position seen 10 years ago.

FX Rate to USD (Average) Unit Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Angola per USD 504 584 825 827 830
Botswana per USD 14.0 13.4 13.5 13.6 13.7
Lesotho per USD 17.7 18.7 18.6 18.8 18.9
Mozambique per USD 63.9 63.9 63.9 63.9 63.9
Namibia per USD 17.7 18.6 18.6 18.8 18.9
South Africa per USD 17.7 18.7 18.6 18.8 18.9
Swaziland per USD 17.7 18.7 18.6 18.8 18.9
Zambia per USD 19.5 18.6 19.6 23.1 25.5
Zimbabwe per USD 831 2,634 4,810 5,761 13,012