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About this currency pair
US Dollar (USD) — the official currency of the United States and a major global currency
The US dollar is the currency of the United States and a central reference point for global prices. Beyond domestic spending, it is widely used in international trade, commodities, online subscriptions, travel, remittances, financial markets and business contracts. USD conversions are common because many prices outside the United States are compared with, quoted in or settled against dollars.
South African Rand (ZAR) — the currency of South Africa
The South African rand is used in South Africa and is widely followed as a regional African market currency. ZAR conversions are common for tourism, mining and commodity pricing, ecommerce, investment reporting, remittances and business with southern Africa.