CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Investors should consider whether they understand how CFDs work before investing. Losses may exceed deposits.

USDZAR Swap Rate

US Dollar vs South Africa Rand swap rates at Afterprime
Long -242.287 ZAR, Short 65.215 ZAR per standard lot.

Calculate your overnight holding cost before you trade USDZAR.
Long (Buy)Short (Sell)
Swap Rate-242.28765.215
Per Standard Lot-242.287 ZAR65.215 ZAR
Triple Swap DayWednesdayWednesday
Last Updated: 07 Jul 2026. Swap rates reflect Afterprime's raw interbank cost structure with zero markup.
Swap Cost Calculator

Model the current overnight carry for USDZAR using the live long and short swap values.
Use the detailed Swap Calculator if you prefer.

Trade Direction

Long swap cost = -242.287 ZAR

Current overnight holding cost is -242.287 ZAR per lot per night.

Positive carry

Holding a sell position on USDZAR overnight earns you +65.215 ZAR per standard lot per night at current rates.

This is a carry trade opportunity. Your position generates income rather than incurring a cost while rates remain at these levels.

USDZAR Swaps FAQs.

What is the swap rate for USDZAR?+

Afterprime's current USDZAR swap rates are -242.287 (long) and 65.215 (short) per standard lot per night, denominated in ZAR.

When is the triple swap applied to USDZAR?+

Triple swap is charged on [Wednesday/Friday] to account for the Saturday and Sunday settlement period.

How do I calculate my USDZAR overnight holding cost?+

Multiply the swap rate by your lot size and nights held. Example: 2 lots long for 3 nights = -1453.722 ZAR.

Does USDZAR have a positive or negative swap?+

The long swap on USDZAR is -242.287 ZAR per lot per night — a cost on overnight buy positions.