# Rand is undervalued even after year-long rally, survey shows

> A Bloomberg survey of 14 investors and economists found the rand undervalued, with fair value estimated at 15.64 per dollar. The rand traded near 16.06 after a 2.6% selloff on Friday, and the currency is up about 3% year to date.

- Date: 2026-03-01 · published 2026-03-01T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/20873-rand-is-undervalued-even-after-year-long-rally-survey-shows
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

The survey is a currency-valuation opinion with no direct supply or demand effect on feed commodities. It has little bearing on feed prices.

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/south-africa/rand-is-undervalued-even-after-year-long-rally-survey-shows/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.