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The currency rates keep changing from one time to the other. The changes result from different factors, sometimes it could be because of speculation, high demand for a certain currency in relation to other currencies among other reasons. When a currency changes, some intermediaries such as banks as well as brokers take advantage and make profits from the sale or exchange of a currency to other currencies at an interest. When the market situation is stable, the currency rates varies under varying parts of currency, however, if unstable market conditions exist, the resultant is much more serious competition.

 

The most common currency that many dealers all over the world use are the US Dollar. The US dollar is acceptable almost every part of the world financial markets especially where there are international transactions.

 

When comparing the US dollar to the South African Rand, it is worth noting that the US dollar is superior to the Rand. Currently, the trading rate of 1dollar to the South African Rand is 13.572572. Therefore, when you have one dollar in the US currency, it means that you can exchange it to the South African currency for as much as 13.57 Rand today. Never the less, the rand to dollar exchange rate is not constant and is bound to change anytime. In fact, in one day, you may find as different rates of US dollar to South African Rand as possible.

 

On the other hand, if you have your money in South African Rand and you want US dollars, you will need to exchange the currency as well. For example, you may be coming from South Africa and you want to go to the USA since you will not be in a position to use your ZAR in the US market, it will require you to exchange the currency. One ZAR is equaled to 0.073696UDS. Therefore, you will require multiplying the amount of money in your possession in Rand with 0.73696 so as to know a number of USD dollars to receive from the dealer or the bank from where you are exchanging the money. The dollar is superior to many of the world's currencies except for a few. The significance of converting the money from one currency to the other is to ease the need of purchasing or paying bills in the acceptable currency of the supplier.

 

Every time you want to know the exchange of ZAR to US dollars or vice versa, us dollar to rand exchange rate will be available daily.