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Reported information

Rand weakens in early trade before a firmer daily reference rate

The rand traded at 16.68 to the dollar at 06:52 GMT on 28 October 2026, down 0.2%, according to Reuters. The central bank's daily reference rate, observed later, was 16.6485.

Old South African notes and coins, November 2006. Archive illustration; these are not current notes. NJR ZA, CC BY-SA 3.0.
Old South African notes and coins, November 2006. Archive illustration; these are not current notes. NJR ZA, CC BY-SA 3.0. — NJR ZA / Wikimedia Commons — CC BY-SA 3.0 https://creativecommons.org/licenses/by-sa/3.0/ — 16 novembre 2006, sans modification.

The reference rate, published at about 10:30 South African time, indicates a 0.18% appreciation against the previous publication, according to SARB data relayed by Currencyapi.

The observations use different times and methods. The first describes early market trading; the second is a banking average and is not a closing price.

Sources 3