# Rand set for biggest gain in 16 years on SA stability - Moneyweb

> The rand is set for its biggest annual gain since 2009 as dollar weakness and political stability attracted foreign investors, who bought R72.4 billion of local bonds this year. The dollar is heading for its worst annual decline in eight years, and further gains are expected if Fed easing continues.

- Date: 2025-12-29 · published 2025-12-29T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/21775-rand-set-for-biggest-gain-in-16-years-on-sa-stability-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Persistent dollar weakness and rand strength lower the local-currency cost of imported feed ingredients for South African buyers and support dollar-denominated commodity prices.

## Read by commodity

- DXY: bearish ▼
- USDZAR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-01-26 | [Dollar falls, set for biggest monthly drop in nearly 2 years](https://feedsoft.ai/events/10400-dollar-falls-set-for-biggest-monthly-drop-in-nearly-2-years.md) | -0.0% | +1.1% |
| DXY | 2017-09-29 | [Rand firmer on dollar dip, trade surplus, stocks gain - Moneyweb](https://feedsoft.ai/events/69232-rand-firmer-on-dollar-dip-trade-surplus-stocks-gain-moneyweb.md) | +0.3% | +1.7% |
| DXY | 2019-04-05 | [Rand gains on slow US wage growth, stocks up - Moneyweb](https://feedsoft.ai/events/59858-rand-gains-on-slow-us-wage-growth-stocks-up-moneyweb.md) | -0.3% | +0.5% |
| DXY | 2023-03-30 | [Sterling set for biggest monthly gain vs dollar since November](https://feedsoft.ai/events/37118-sterling-set-for-biggest-monthly-gain-vs-dollar-since-november.md) | -0.4% | -0.3% |
| DXY | 2025-06-30 | [Sterling heads for biggest quarterly jump in more than two years](https://feedsoft.ai/events/24474-sterling-heads-for-biggest-quarterly-jump-in-more-than-two-years.md) | -0.0% | +0.8% |

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/markets/rand-set-for-biggest-gain-in-16-years-on-sa-stability/

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