Rand weakens to three month low as stronger dollar and oil price weigh on South Africa

Not enough comparable past events yet for a historical read.

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Oct 30, 2025South African Rand Weakens to Over 1-Week Low+1.1%
• Oct 21, 2025South African rand falls on stronger dollar | Reuters+0.1%
• Sep 26, 2022South African rand slumps to 28-mth low as dollar reigns supreme+0.2%
• Aug 19, 2022South African rand dips as dollar hits three-week high after Fed minutes | CNBC Africa+0.6%
• Mar 8, 2023South African rand weakens to multi-year low after Powell testimony | CNBC Africa-0.4%

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Aug 26, 2024Canadian dollar strengthens to 5-month high as oil rallies-1.7%
• Sep 17, 2026Investors are increasing their bets on the Thai baht weakening to its highest level in two months, affected by high oil prices and a stronger dollar. - Money & Banking Magazine-9.9%
• Jan 11, 2022Canadian dollar climbs to 2-month high as oil prices jump+9.3%
• Mar 31, 2026South African rand set for more than 6% monthly drop against dollar | Reuters+9.6%
• May 7, 2018Dollar marches to 4-month high as oil rally points to higher inflation - MarketWatch+1.4%