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EXCEL WORKSHOP ASSESSMENT

The document presents exchange rates for USD, EUR, and GBP against the ZAR from 2019 to 2023, showing fluctuations over the years. It highlights low economic growth, reduced trade and investment, and a weaker Rand due to interest rate hikes and capital outflows. Despite these challenges, improved exports and high demand for commodities are noted as positive factors.

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0% found this document useful (0 votes)
14 views2 pages

EXCEL WORKSHOP ASSESSMENT

The document presents exchange rates for USD, EUR, and GBP against the ZAR from 2019 to 2023, showing fluctuations over the years. It highlights low economic growth, reduced trade and investment, and a weaker Rand due to interest rate hikes and capital outflows. Despite these challenges, improved exports and high demand for commodities are noted as positive factors.

Uploaded by

elihlefass0
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as XLSX, PDF, TXT or read online on Scribd
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Years Exchange rates

USD/ZAR EUR/ZAR GBP/ZAR


2019 14.46 16.19 18.45
2020 16.45 18.76 21.09
2021 14.78 17.47 20.33
2022 16.37 17.18 20.16
2023 18.45 19.96 22.95
Analyisis

low economic growth


reduced trade and investment
improved exports and high demand commodities
interest rate hikes and cheaper SA exports
Rand weaker and capital outflows

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