# In South Africa a stablecoin dollar costs 11.2% more than the official rate

Prices from the 02:00 UTC hour, 2 Nov.

The official rate is 16.69 ZAR per dollar. On Binance and OKX, marketplaces where people sell stablecoins to each other, one costs 18.57 ZAR. A stablecoin is a coin that stays worth one US dollar.

For US$100, people pay 1,857 ZAR. The official rate says 1,669 ZAR.

Prices from the 02:00 UTC hour, 2 Nov

You could buy only US$500 here before the price goes up 1%.

<https://margin.wiki/data/countries/ZAR.json>

## How the gap moved, day by day

One point per day, the price we published that day. 0% is the official rate.

Today's gap is the biggest since 5 Sep 2026, in our own checks. On most days the gap is between 5.4% and 8.7%.

## Where this price comes from

We take a country's price from exchanges first, then brokers, then people selling to each other on Binance and OKX. Here it comes from people selling to each other.

Binance, people selling to each other

18.37 ZAR +10.0%

OKX, people selling to each other

18.76 ZAR +12.4%

## Where to go next

Every country

All 55 countries, sorted by how far a dollar sits above the official rate.

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