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The rand is one of the key variables in the economy. On the Rand-Forex page you will get access to the weekly commentary that will discuss the most important events over the previous week that may have a bearing on the value of the rand.

In addition to the weekly commentary there are also consensus forecasts of the rand as well as a look at the purchasing power parity value of the rand. Relevant studies as well as links to relevant studies are also posted here.

There is also a foreign exchange calculator that allows the user to put in assumptions on the change in the trade-weighted rand, as well as assumptions on the key cross rates. The calculator will then calculate the value of the rand against the major currencies.

If requested the weekly commentary will be send electronically without any obligation to the recipient. 

There are interesting links where information as well as data can be found on currencies. 

The graph left to the title shows the real effective exchange rate of the rand since the beginning of 1957 to the end of 2003.

NEW!!

Analysis on Consensus Forecast from Sake added on 4 March 2004

Sake Survey Among Economists - January 2004 

Commentary on the national budget added 19 February 2004

Commentary on the 2004 budget

Purchasing power parity of the rand was updated after the release of the Big Mac index in The Economist of 16 January 2004

Update of Big Mac Purchasing Power Parity Rates

New IMF study added on 8 January 2004

Sources of Nominal Exchange Rate Fluctuations in South Africa

This short note was added on 29 December 2003

The terms of trade, commodity prices, exchange rate and balance of payments problems