ZAR black market rate on Aug 27, 2026: 16.08 per USD
On Thursday, August 27, 2026, the US dollar traded at about 16.08 ZAR on South Africa's parallel (black) market at the close of observations. The day opened at 16.03 ZAR, reached a high of 16.2 and a low of 16.03, a trading range of 0.16 ZAR (1.03%).
Across 288 observations, the average price to buy dollars was 16.12 ZAR and the average price received when selling dollars was 16.14 ZAR. Over the session the South African Rand weakened against the dollar (+0.28% from open to close).
Official rate vs black market rate on Aug 27, 2026
The official exchange rate published for South Africa on this date was 15.95 ZAR per USD. The parallel-market close of 16.08 ZAR therefore implied a premium of +0.80% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Aug 27, 2026 compares
Compared with the previous observed day (Aug 26, 2026, close 16.03 ZAR), the rate moved +0.28%.
One week earlier (Aug 20, 2026) the close was 16.02 ZAR, so the weekly change was +0.37%.
Thirty days earlier (Jul 28, 2026) the close was 16.7 ZAR, a -3.74% move over the month.
How this daily figure is produced
ETCurrency samples South Africa's USD/ZAR parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Aug 27, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to South African Rand black market rate on Aug 27, 2026?
- The USD to ZAR parallel market rate closed at approximately 16.08 ZAR per US dollar on Thursday, August 27, 2026, after trading between 16.03 and 16.2 ZAR.
- How much did the ZAR move against the dollar that day?
- From an open of 16.03 to a close of 16.08 ZAR, the parallel rate moved +0.28% on Aug 27, 2026.
- What was the gap between the official and black market ZAR rate on that date?
- The official rate was 15.95 ZAR per USD versus a parallel close of 16.08 ZAR, a premium of +0.80%.
- Was the ZAR black market rate higher or lower than the day before?
- Higher: the previous observed close was 16.03 ZAR on Aug 26, 2026, a change of +0.28%.
Figures are aggregated parallel-market observations for South Africa in UTC and are indicative only; they are not a quote to trade. See the full USD → South African Rand history or today's live rate.