Annual Purchasing Power Parities and exchange rates — Purchasing in South Africa

South Africa: Annual Purchasing Power Parities and exchange rates — Purchasing was 7.7 National currency per US dollar in 2024. ◆ Volatile

Latest (2024)
7.7 National currency per US dollar
Change on year
up 1.4%
World rank
21st
of 53 countries
All-time high
7.7 National currency per US dollar
in 2024
All-time low
0.5222 National currency per US dollar
in 1970
Years of data
55
1970–2024

Annual Purchasing Power Parities and exchange rates — Purchasing in South Africa, 1970–2024

02468197019972024

Source: Organisation for Economic Co-operation and Development. Measured in National currency per US dollar.

Analysis

The most recent figure for annual purchasing power parities and exchange rates — purchasing in South Africa is 7.7 National currency per US dollar, measured in 2024. That is the highest value across all 55 years on record.

That represents a change of up 1.4% on the previous year and up 32.4% over ten years.

Over the whole period, annual purchasing power parities and exchange rates — purchasing in South Africa peaked at 7.7 National currency per US dollar in 2024 and was at its lowest, 0.5222 National currency per US dollar, in 1970.

That places South Africa 21st out of 53 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Annual Purchasing Power Parities and exchange rates — Purchasing in South Africa, year by year

Annual values for Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for household final consumption expenditure in South Africa, 1970 to 2024.
Year National currency per US dollar Change
1970 0.5222 National currency per US dollar
1971 0.536 National currency per US dollar +2.7%
1972 0.5552 National currency per US dollar +3.6%
1973 0.5733 National currency per US dollar +3.3%
1974 0.5803 National currency per US dollar +1.2%
1975 0.6233 National currency per US dollar +7.4%
1976 0.6578 National currency per US dollar +5.5%
1977 0.6904 National currency per US dollar +5.0%
1978 0.7084 National currency per US dollar +2.6%
1979 0.7373 National currency per US dollar +4.1%
1980 0.7726 National currency per US dollar +4.8%
1981 0.8192 National currency per US dollar +6.0%
1982 0.8916 National currency per US dollar +8.8%
1983 0.9661 National currency per US dollar +8.4%
1984 1.03 National currency per US dollar +7.0%
1985 1.17 National currency per US dollar +13.4%
1986 1.36 National currency per US dollar +16.3%
1987 1.52 National currency per US dollar +11.7%
1988 1.69 National currency per US dollar +11.0%
1989 1.87 National currency per US dollar +10.4%
1990 2.1 National currency per US dollar +12.6%
1991 2.32 National currency per US dollar +10.6%
1992 2.57 National currency per US dollar +10.5%
1993 2.74 National currency per US dollar +6.6%
1994 2.91 National currency per US dollar +6.2%
1995 3.07 National currency per US dollar +5.7%
1996 3.21 National currency per US dollar +4.3%
1997 3.4 National currency per US dollar +6.1%
1998 3.58 National currency per US dollar +5.2%
1999 3.68 National currency per US dollar +2.9%
2000 3.75 National currency per US dollar +1.9%
2001 3.86 National currency per US dollar +2.8%
2002 4.16 National currency per US dollar +7.8%
2003 4.3 National currency per US dollar +3.3%
2004 4.16 National currency per US dollar -3.3%
2005 4.1 National currency per US dollar -1.3%
2006 4.11 National currency per US dollar +0.0%
2007 4.24 National currency per US dollar +3.2%
2008 4.49 National currency per US dollar +5.8%
2009 4.83 National currency per US dollar +7.6%
2010 4.94 National currency per US dollar +2.4%
2011 5.03 National currency per US dollar +1.8%
2012 5.14 National currency per US dollar +2.1%
2013 5.48 National currency per US dollar +6.8%
2014 5.82 National currency per US dollar +6.0%
2015 6.06 National currency per US dollar +4.2%
2016 6.4 National currency per US dollar +5.6%
2017 6.66 National currency per US dollar +4.0%
2018 7.01 National currency per US dollar +5.3%
2019 7.24 National currency per US dollar +3.3%
2020 7.42 National currency per US dollar +2.4%
2021 7.52 National currency per US dollar +1.5%
2022 7.46 National currency per US dollar -0.9%
2023 7.6 National currency per US dollar +1.9%
2024 7.7 National currency per US dollar +1.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.6184 National currency per US dollar 0.5222 National currency per US dollar 0.7373 National currency per US dollar 10
1980s 1.21 National currency per US dollar 0.7726 National currency per US dollar 1.87 National currency per US dollar 10
1990s 2.96 National currency per US dollar 2.1 National currency per US dollar 3.68 National currency per US dollar 10
2000s 4.2 National currency per US dollar 3.75 National currency per US dollar 4.83 National currency per US dollar 10
2010s 5.98 National currency per US dollar 4.94 National currency per US dollar 7.24 National currency per US dollar 10
2020s 7.54 National currency per US dollar 7.42 National currency per US dollar 7.7 National currency per US dollar 5

Countries ranked near South Africa

  1. 18 Mexico 11.31 National currency per US dollar compare
  2. 19 Norway 10 National currency per US dollar compare
  3. 20 Sweden 8.89 National currency per US dollar compare
  4. 22 Zambia 7.57 National currency per US dollar compare
  5. 23 Denmark 6.92 National currency per US dollar compare
  6. 24 Hong Kong 5.84 National currency per US dollar compare

See the full ranking of 68 places →

More population data for South Africa

All data for South Africa →

Frequently asked questions

What is annual purchasing power parities and exchange rates — purchasing in South Africa?
Annual purchasing power parities and exchange rates — purchasing in South Africa was 7.7 National currency per US dollar in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual purchasing power parities and exchange rates — purchasing recorded in South Africa?
The highest recorded value was 7.7 National currency per US dollar in 2024.
What is the lowest annual purchasing power parities and exchange rates — purchasing recorded in South Africa?
The lowest recorded value was 0.5222 National currency per US dollar in 1970.
How does South Africa rank for annual purchasing power parities and exchange rates — purchasing?
South Africa ranks 21st out of 53 countries with data for 2024.
Is annual purchasing power parities and exchange rates — purchasing rising or falling in South Africa?
Over the last ten years it is up 32.4%. The long-run trend across the full record is volatile.
Where does this South Africa data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for household final consumption expenditure. Statizoid updates them automatically from the source API.

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Annual Purchasing Power Parities and exchange rates — Purchasing in South Africa. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 02 September 2026, from https://population.statizoid.com/stat/annual-purchasing-power-parities-and-exchange-rates-purchasing-power-parities-for/south-africa/

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About this data

Indicator
Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for household final consumption expenditure
Unit
National currency per US dollar
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
68 places, 2,841 data points, 1970–2025
Last refreshed

This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org