# South African rand slumps to 28-mth low as dollar reigns supreme

> South Africa's rand slumped to a 28-month low on Monday, weakening to 18.10 per dollar as the safe-haven US dollar strengthened against major currencies. The move tracked other weakening emerging-market currencies after a hawkish FOMC meeting.

- Date: 2022-09-26 · published 2022-09-26T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/39843-south-african-rand-slumps-to-28-mth-low-as-dollar-reigns-supreme
- 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

A weaker rand makes South African import demand for feed inputs costlier in local currency and reflects broader dollar strength that tends to pressure dollar-denominated commodity prices.

## Read by commodity

- DXY: bullish ▲
- USDZAR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-10-01 | [Rand weakens to three month low as stronger dollar and oil price weigh on South Africa](https://feedsoft.ai/events/17339-rand-weakens-to-three-month-low-as-stronger-dollar-and-oil-price-weigh-on-south.md) | +0.2% | +0.6% |
| DXY | 2025-10-30 | [South African Rand Weakens to Over 1-Week Low](https://feedsoft.ai/events/22701-south-african-rand-weakens-to-over-1-week-low.md) | +1.1% | +0.4% |
| DXY | 2025-10-31 | [South African rand remains subdued amid dollar strength \| Reuters](https://feedsoft.ai/events/22699-south-african-rand-remains-subdued-amid-dollar-strength-reuters.md) | +0.3% | -0.2% |
| DXY | 2023-04-21 | [South African rand weaker as Fed rate bets support dollar \| CNBC Africa](https://feedsoft.ai/events/36686-south-african-rand-weaker-as-fed-rate-bets-support-dollar-cnbc-africa.md) | +0.3% | +0.8% |
| DXY | 2025-10-21 | [South African rand falls on stronger dollar \| Reuters](https://feedsoft.ai/events/22706-south-african-rand-falls-on-stronger-dollar-reuters.md) | +0.1% | +0.5% |

## Sources

- reuters.com: https://www.reuters.com/world/africa/south-african-rand-weakens-early-trade-stocks-slide-2022-09-26/

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