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JACKRIBET - Exchange Rate
Exchange Rate
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4 Jun 2011
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Posted: 2020-06-11 08:34:10

Do the international punters consider the best USD/ZAR rate when deciding to punt in SA.

Was chatting to some veteran punters earlier today and it looks like some of us do really await for the ZAR 18/19 bar to book a trip to SA for punting.

Me personally, with the high volatility of the ZAR, it does not bother me too much.
Lupe Luxe
Lupe Luxe - Re: Exchange Rate
Re: Exchange Rate
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Posted: 2020-06-11 08:48:47

I watch it almost every hour (literally)....it's been wilding.

Looks like 18/19 is our guy for now.

And...speaking for myself, dollars remain dollars to me because I'm in Africa (that means more) . But it's a plus for an overseas punter ...hence why they're going to splash.x
JACKRIBET
JACKRIBET - Re: Exchange Rate
Re: Exchange Rate
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Posted: 2020-06-12 05:22:24

lost 3% against the USD again.
JACKRIBET
JACKRIBET - Re: Exchange Rate
Re: Exchange Rate
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Posted: 2020-06-12 06:25:57

17.2 this morning,
Ben Layden
Ben Layden - Re: Exchange Rate
Re: Exchange Rate
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Posted: 2020-06-12 09:00:58

Year Rand vs Dollar (11 March)
1978 0.87
1979 0.84
1980 0.81
1981 0.79
1982 0.98
1983 1.12
1984 1.20
1985 2.00
1986 1.99
1987 2.09
1988 2.11
1989 2.53
1990 2.59
1991 2.63
1992 2.89
1993 3.19
1994 3.42
1995 3.63
1996 3.95
1997 4.42
1998 4.98
1999 6.15
2000 6.39
2001 7.77
2002 11.47
2003 7.91
2004 6.71
2005 5.85
2006 6.28
2007 7.39
2008 7.99
2009 10.32
2010 7.46
2011 6.91
2012 7.59
2013 9.11
2014 10.79
2015 12.26
2016 15.23
UnlikelySuspect
UnlikelySuspect - Re: Exchange Rate
Re: Exchange Rate
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Posted: 2020-06-12 09:40:45

And there is the decline of SA in numbers.
[deleted]
[deleted] - Re: Exchange Rate
Re: Exchange Rate
More than 100 posts
Posted: 2020-06-12 09:45:28

The dollar is on its way out. The US is trying really hard to maintain its world reserve currency status and thus maintain its superpower status. China and Russia have been making strides to remove the dollar power hence the US economic attack on them. Iran was doing the same by setting up their own oil exchange without the dollar. This has happened to all previous empires in the past. Really interesting video to watch on YouTube is called the four horseman.

https://youtu.be/5fbvquHSPJU

Sadly when the dollar collapses we all go down with it. Your thoughts people.

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