# Dollar to rand exchange rate: Four reasons why ZAR is 'back from the dead'

> The rand has recovered about 8.3% from its record low at the start of lockdown, trading near R17.69 per dollar. Commentators cite hopes of a coronavirus vaccine, firmer commodity prices and risk assets, and lower market volatility as drivers. Investors remain cautious about the recovery.

- Date: 2020-05-22 · published 2020-05-22T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/53448-dollar-to-rand-exchange-rate-four-reasons-why-zar-is-back-from-the-dead
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A recovering rand lowers the local cost of imported feed ingredients, though gains are tied to fragile risk sentiment that could reverse.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- thesouthafrican.com: https://www.thesouthafrican.com/business/latest-dollar-to-rand-exchange-rate-zar-value-usd-friday-22-may/

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