USD to ZAR Exchange Rate

As of 2026-09-11, 1 USD = 16.159 ZAR (mid-market). Over the past 30 days it has ranged from 15.916 to 16.244.

USD: The US dollar floats freely: its value is determined in foreign exchange markets, and neither the U.S. Treasury nor the Federal Reserve targets a level for the exchange rate. ZAR: South Africa maintains a freely floating exchange rate: the South African Reserve Bank "adheres to a floating exchange rate policy, where the nominal exchange rate is determined by market forces", intervening to smooth abrupt and severe exchange-rate adjustments, to support orderly functioning of the foreign exchange market, and for financial-stability reasons. Monetary policy is anchored by an inflation target of 3% with a one-percentage-point tolerance band (revised 2025), not by any exchange-rate objective.