South African rand around each event · shaded: normal range
South Africa: ANC loses its majority (2024)
How the South African rand moved against the US dollar around 1 political events since 2018 in or around South Africa. A rise means the South African rand strengthens. Week by week, it shows almost no link (-0.01) with Riftrate.
| Date | Event | Type | Next session | 5 sessions | 20 sessions | How unusual |
|---|---|---|---|---|---|---|
| 29 May 2024 | South Africa: ANC loses its majority | Election | -0.7% | -2.2% | +0.3% | bigger than 75% of 5-day moves |
Data: Board of Governors of the Federal Reserve System, series DEXSFUS, via FRED. Exchange rates are published with about a week’s delay. Not investment advice.