USD to ZAR — 2008

9.3890ZAR

for 1 US Dollar on 31 December 2008 · opened the year at 6.8180

37.71% over 2008

European Central Bank reference rate
256 trading days
Reference rate, not an offer

Today: 1 USD = 16.2938 ZAR (PayerPay indicative rate, includes our margin)

2008 at a glance

1 USD in ZAR
Measure	Rate	When
Opened	6.8180 ZAR	2 January 2008
Closed	9.3890 ZAR	31 December 2008
Highest	11.6100 ZAR	23 October 2008
Lowest	6.7358 ZAR	14 January 2008
Average	8.2606 ZAR	256 trading days
Change	+37.71% ZAR	open to close

Month by month

USD to ZAR, 2008▲ 37.71%

1 USD in ZAR, month by month, 2008
Month	Open	Close	High	Low	Change
January	6.8180	7.4724	7.4724	6.7358	+9.60%
February	7.3826	7.7345	7.8746	7.3782	+4.77%
March	7.8864	8.1026	8.1520	7.7650	+2.74%
April	8.0840	7.6065	8.0840	7.5484	-5.91%
May	7.6053	7.6226	7.7623	7.5030	+0.23%
June	7.7239	7.8296	8.1723	7.7160	+1.37%
July	7.9043	7.3403	7.9043	7.3403	-7.13%
August	7.3288	7.7093	7.9426	7.2043	+5.19%
September	7.7289	8.2689	8.3105	7.7289	+6.99%
October	8.2670	10.0637	11.6100	8.2670	+21.73%
November	9.7780	10.0963	10.5498	9.6750	+3.25%
December	10.2425	9.3890	10.3355	9.3890	-8.33%

← 2007 · All USD to ZAR history · ZAR to USD in 2008 · 2009 →

Sending, not just checking?

Send USD from the United States to South Africa

We pay out in South African rand. The rate above is our indicative rate — our page for this route shows the fee, the payout method and what actually lands in the account.

See this route

Common questions

How did USD to ZAR change in 2008?

From 6.8180 ZAR per USD on 2 January 2008 to 9.3890 on 31 December 2008: +37.71% over the year, with an average of 8.2606 across 256 trading days.

What were the high and low of USD to ZAR in 2008?

High: 11.6100 on 23 October 2008. Low: 6.7358 on 14 January 2008.

About these rates

The rates on this page are European Central Bank euro reference rates, converted through the US dollar into a cross rate, one reading per trading day. Days from 28 September 2026 onward come from PayerPay's own daily record. They are reference rates published for information, not an offer to transact — PayerPay's indicative rate today is 1 USD = 16.2938 ZAR, and it includes our margin. The final rate for a transfer is confirmed in your order.

Source: European Central Bank. Corrections: support@payerpay.io.

Who we are

PayerPay is operated by PAYER PAY INTERNATIONAL INC (Company ID BC1526086), registered with the Financial Transactions and Reports Analysis Centre of Canada under MSB registration C100001025 and with the Bank of Canada under the Retail Payment Activities Act. Payment details are issued through licensed banking partners.