What is U.S. Dollar/South African Rand (USDZAR)?
U.S. Dollar/South African Rand (USDZAR) is a forex currency pair traded on FXCM, quoted in South African Rand (ZAR). It measures how many rand one U.S. dollar buys, pairing the world's primary reserve currency against an emerging-market currency known for its sensitivity to commodity prices, risk sentiment, and interest-rate differentials. As an exotic pair, it typically sees wider spreads and sharper swings than the major currency pairs. On TradeSearcher, USDZAR is backed by extensive testing, with over 4,400 backtests run across strategies and timeframes drawing on price data going back to 1971 — more than five decades of market history.