South African rand (ZAR) exchange rate today — official vs market

Premium history

21 observed days · Aug 25 – Sep 22 · no interpolation

• 7-day change+7.66 pp
• Min / max (observed range)-14% / 14%
• Volatility (std dev of daily premium)8.7%
• Continent rank7th widest of 54

Context

The South African rand currently trades at a premium of +7.75% — the 7th widest gap of the 54 African currencies we track. That places it in the friction band (2–10%), where spreads often reflect liquidity, fees, or access costs rather than acute scarcity.

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