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currencies
ZAR AED
ZAR/AED
Follow
South African Rand - UAE Dirham
Closed
0.19542
-0.00072 (-0.37%)
As of: May 31, 2024 21:03
UTC
Open
0.19613
High
0.19716
Low
0.19428
Overview
Advanced Chart
History
Stats
Prev. Close
0.19615
Open
0.19613
Day's Range
0.19428 - 0.19716
52 Week Range
0.18395 - 0.21518
YTD Change
-1.10%
1 Year Change
4.95%
Economic Calendar
All Events
Time zone
:
GMT
Wednesday, May 22nd 2024
Time
Currency
Event
Impact
Actual
Consensus
Previous
08:00
ZAR
Inflation Rate MoM
Apr
Medium
0.3%
1.0%
0.8%
08:00
ZAR
Inflation Rate YoY
Apr
Medium
5.2%
5.3%
5.3%
Thursday, May 30th 2024
Time
Currency
Event
Impact
Actual
Consensus
Previous
13:00
ZAR
Interest Rate Decision
Medium
8.25%
8.25%
8.25%
Friday, May 31st 2024
Time
Currency
Event
Impact
Actual
Consensus
Previous
12:00
ZAR
Balance of Trade
Apr
Medium
ZAR10.47B
ZAR 3.5B
ZAR9.16B
Tuesday, June 4th 2024
Time
Currency
Event
Impact
Actual
Consensus
Previous
09:30
ZAR
GDP Growth Rate QoQ
Q1
Medium
0.7%
0.1%
09:30
ZAR
GDP Growth Rate YoY
Q1
Medium
0.5%
1.2%
Friday, June 7th 2024
Time
Currency
Event
Impact
Actual
Consensus
Previous
10:00
ZAR
Business Confidence
Q2
Medium
27
30
ZAR/AED
The South African Rand to United Arab Emirates Dirham currency pair contrasts the commodity-based economy of South Africa, which is influenced by mining and industrial exports, with the UAE's oil-rich economy that also includes strong sectors in real estate, tourism, and financial services. The Dirham is pegged to the US Dollar, indicating a stable exchange rate that mirrors the economic policies of the United States, while the Rand is more volatile, reflecting South Africa's economic sentiment and commodity market fluctuations. The ZAR/AED exchange rate offers insights into the trade and financial relationship between South Africa and the UAE, a key business hub in the Middle East.
United Arab Emirates
South Africa
Interest Rate
5.4%
Apr 24
8.25%
May 24
Inflation Rate
3.36%
Feb 24
5.2%
Apr 24
Credit Ratings
Moody's
S&P
Moody's
S&P
Aa2
Stable
AA
Stable
Ba2
Stable
BB-
Stable
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