The ZAR Exchange Rate Thread #2

[LazyLion]

Welcome to Thread #2.
The old thread is here...

The ZAR Exchange Rate Thread

Currency Exchange Rates Markets Finance Everything to do with the Rand! Some Useful Links.... http://www.xe.com/ http://www.oanda.com/currency/converter/ http://www.travelex.co.za/za/home/ http://finance.yahoo.com/currency-converter/#from=USD;to=EUR;amt=1...

mybroadband.co.za

Rand expectations in 2023

Daily Investor asked experts where they see the value of the rand relative to the dollar going in the foreseeable future. Here is what they said.

dailyinvestor.com

 

[JayM]

Ouch

 

[rvZA]

Wonder why the Rand is losing so much against all currencies? Will probably soon see the breaking news.

 

[Sinbad]

23.50 to the pound. Crazy.

 

[Solver]

Can't someone in government just pick it up? Or has it fallen so much that it's beyond the reach of the fatfuxx?

 

[Quicks]

Can't someone in government just pick it up? Or has it fallen so much that it's beyond the reach of the fatfuxx?

ANC? Why do they care, they created this disaster...

South African Rand Plunges to New 2023 Low Versus the US Dollar – Africa Bitcoin News

South Africa's power shortages as well as the country's recent grey-listing by the Financial Action Task Force have fueled the rand's slide.

news.bitcoin.com

 

[JayM]

And it keeps going...



FFS

 

[Bill Clitnon]

ANC? Why do they care, they created this disaster...

South African Rand Plunges to New 2023 Low Versus the US Dollar – Africa Bitcoin News

South Africa's power shortages as well as the country's recent grey-listing by the Financial Action Task Force have fueled the rand's slide.

news.bitcoin.com

I remember a few years ago one of their retards said something like they don't care about the exchange rate because we use rands in SA, or can't use those currencies in SA anyway, or something along those lines.

Fkn degenerates.

 

[gregmcc]

USD to ZAR 18.89
GBP to ZAR 23.84

 

[Tman*]

Can't someone in government just pick it up? Or has it fallen so much that it's beyond the reach of the fatfuxx?

You just wait for the BRICS Wakanda coin

 

[Priapus]

23.50 to the pound. Crazy.

Luckily I sent 200k offshore to a UK account before this.

 

[JayM]

Luckily I sent 200k offshore to a UK account before this.

I have well into 7 figures stuck in SA which is taking long to send out due to the new SARS anal probing requirement. Pretty miffed about it. I did manage to max out SDA at 20.45 earlier this year though.

 

[GrootVoet]

Now for the inflation shock, fuel prices will go up, followed by food prices and all imports.

Brace yourself for at least another 0.5% repo rate increase next.

 

[Sinbad]

Will we see R24 to the pound today?

 

[Hamish McPanji]

Will we see R24 to the pound today?

View attachment 1522609

I hope not. My funds are still largely based in SA.
Can we bring Corbyn or Truss back?

 

[Oldfut]

I hope not. My funds are still largely based in SA.
Can we bring Corbyn or Truss back?

Just for a day or two please; I am told I need to make a top up on UK investment; in UK punt; swines all round.

 

[Paul Kemp]

Will we see R24 to the pound today?

View attachment 1522609

Thought it had been tracking steadily, downward but steady, but it’s gone above R24 today.

 

[The_Right_Honourable_Brit]

What caused the sudden spike from 12.15PM?

 

[Sensorei]

R19.23/$

I need a strong drink.

 

[Sinbad]

**** me, good job guys