Key Takeaways
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- The US dollars value has reached its lowest point since May 2024, affecting currency exchange rates globally.
- On February 23, 2026, the Ibovespa, the main index of the Brazilian stock exchange, fell by 0.88 points to 188,853.
- The US Supreme Courts decision on tariff hikes has had ongoing repercussions, with Brazil and China being among the countries most benefited by these changes.
- In Brazil, inflation predictions for 2026 have been revised downwards for the seventh consecutive time, from 3.95 to 3.91, and the interest rate has also decreased, providing some economic relief in the country.
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On Monday, February 23, 2026, the dollar closed at US$5.1685, down 0.14. This is the lowest the dollar’s value has been since May 28, 2024, when it closed at R$5.1534. On the same day, the Ibovespa, the main index of the Brazilian stock exchange, fell 0.88 to 188,853 points. The following currency exchange rates were recorded on February 23 and February 24, 2026: February 23, 2026: USDEUR: 0.849152 (previously 0.850971) USDGIP: 0.742009 (previously 0.743691) USDCHF: 0.775851 (previously 0.777466) USDRUB: 76.8282 (previously 76.9973) USDDKK: 6.33653 (previously 6.34355) 1 USD = 113.36 Syrian pounds 1 USD = 1,284,660 Iranian rials 1 USD = 3.12551 Israeli shekels February 24, 2026: 1 Australian Dollar = 0.73 USD 1 Canadian Dollar = 0.78 USD 1 Swiss Franc = 0.77 USD 1 Chinese Yuan Renminbi = 0.14 USD 1 Danish Krone = 0.15 USD 1 Euro = 0.87 USD 1 British Pound = 0.74 USD 1 Hong Kong Dollar = 0.13 USD 1 Hungarian Forint = 0.0039 USD 1 Indian Rupee = 0.014 USD 1 Japanese Yen = 0.010 USD.
1 Mexican Peso = 0.060 USD 1 Malaysian Ringgit = 0.23 USD 1 Norwegian Krone = 0.12 USD 1 New Zealand Dollar = 0.75 USD 1 Philippine Peso = 0.020 USD 1 Russian Ruble = 0.018 USD 1 Swedish Krona = 0.10 USD 1 Singapore Dollar = 0.78 USD 1 Thai Baht = 0.032 USD 1 Turkish Lira = 0.024 USD 1 Emirati Dirham = 0.28 USD 1 South African Rand = 0.063 USD Here is the breakdown of U.S. Dollars (USD) converted to South African Rand (ZAR): 1 USD = approximately 14.52 ZAR 10 USD = approximately 145.24 ZAR 100 USD = approximately 1,452.46 ZAR 1,000 USD = approximately 14,524.60 ZAR 1,000,000 USD = approximately 14,524,600 ZAR.
Impact of US Tariff Changes Boosts Brazil, China Amid Inflation and Interest Rate Alterations
In the U.S., the Supreme Court’s decision deeming the proposed tariff hikes in April illegal continues to have repercussions. Over the weekend, President Donald Trump imposed a new global 15% tariff on imported products under Section 122 of the 1974 Trade Act, which allows for a temporary tariff of up to 15%. Trump was previously prevented from taxing countries under the International Emergency Economic Powers Act (IEEPA). According to a study by Global Trade Alert, Brazil and China are among the countries most benefited by these tariff changes, with Brazil expected to see the largest reduction in average tariffs, a drop of 13.6 percentage points. In Brazil, the Central Bank’s Focus Bulletin was released. Economists have reduced their inflation prediction for 2026 for the seventh consecutive time, from 3.95 to 3.91, and the projection for the interest rate also decreased, from 12.25 to 12.13 annually. This week’s economic agenda still includes the IPCA15, considered a preview of the country’s official inflation, as well as new employment data. Abroad, the focus is on the U.S. Consumer Price Index and the interest rate decisions of the Chinese Central Bank. (Source: G1)
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Links to external sources for further reading
- Quick Conversions from United States Dollar to South African Rand : 1 USD = 16.009683 ZARQuick Conversions from United States Dollar to South African Rand : 1 USD = 16.009683 ZARexchangerate.guru
- Dollar to Rand forecast by day.Dollar to Rand forecast by day.themoneyconverter.com
- EuropeEurope30rates.com
- US Dollar Exchange Rates Table Converter(converter)US Dollar Exchange Rates Table Converter(converter)exchangerates.org