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USD/ZAR · 2026 Bank Forecast

Bank targets for USD/ZAR

Institutional 2026 consensus for USD/ZAR, aggregated from 18 major sell-side investment banks. Each firm contributes a Dec-2026 year-end target alongside quarterly checkpoints. Below: the distribution shape, outliers, quarterly trajectory, and per-firm breakdown.

Other pairs: EUR/USD · GBP/USD · USD/JPY · USD/CHF · USD/CAD · AUD/USD · NZD/USD

Consensus
16.38
Median
16.25
Range
15.5018.00
Δ2.50
Std Dev
0.69
Live Spot
vs Live

USD/ZAR — Dec ’26 panel preview

Median 16.25, range 15.5018.00 across 18 firms.

Per-firm distribution, dot plot, and the All-Firms table are part of Retail.

USD/ZAR year-end Dec 2026 cross-firm aggregate statistics.
PairMedianMinMaxFirms
USD/ZAR16.2515.5018.0018

Per-firm distribution · USD/ZAR Dec '26 · sorted table

Per-firm dot plot · all-firms table · per-firm bars · 18+ firms

2026 USD/ZAR consensus path

Quarterly averages across the panel. Reads as the trajectory banks expect through the year.

-4.02%
17.07Mar '2616.78Jun '2616.57Sep '2616.38Dec '26

FX BANK FORECAST · COVERAGE

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Aggregated year-end forecasts, scenario shifts, and curated analyst notes from eight institutional desks. No promotion.