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Fun facts about the South African rand

Fun facts about the South African rand

The state of the South African rand is a topic that is debated almost daily in South Africa as it either strengthens or weakens according to what is going on in South Africa, who our newest finance minister is, and what the international commodity market is doing....
The Ramaphosa effect on the rand

The Ramaphosa effect on the rand

Many South Africans who plan to move abroad in 2018 and those who plan to use their annual foreign investment allowance are delighted at the recent strengthening of the rand against major global currencies like the US dollar and the pound. According to a report by...
Countries where the rand is strongest in 2018

Countries where the rand is strongest in 2018

Globally the rand is regarded as one of the most volatile currencies. In 2017 analysts were predicting that with the deteriorating political climate the rand would drop down to R20 to the US dollar. That clearly hasn’t happened. Instead with Ramaphosa now leading the...
The rand is one of the world’s top performing currencies

The rand is one of the world’s top performing currencies

South African expats living abroad will be delighted to know the South African rand has strengthened substantially during the past months and is now trading at a three-year high against the pound. So if you’re living abroad and still have funds back in South Africa,...