Currencies

South African Rand COT Positioning

As of Sep 8, 2026, commercial hedgers are net short at -14,946 contracts and trimmed their position by +959 week over week.

Latest: Sep 8, 2026
Coverage: Sep 21, 2021 - Sep 8, 2026
Weeks: 260

Commercial net

-14,946

Net short

Week over week

-959

Trimmed

Large specs

+12,453

Retail

+2,493

Percentile

10th

Historic low

Net positioning

Commercials vs large speculators

260 weeks

Recent weeks

Week	Commercial net	Large spec net	Retail net
Sep 8, 2026	-14,946	+12,453	+2,493
Sep 1, 2026	-13,987	+11,907	+2,080
Aug 25, 2026	-13,179	+11,897	+1,282
Aug 18, 2026	-10,397	+8,499	+1,898

Embed this chart

<iframe src="https://www.analytics-fx.com/embed/cot/zar" title="South African Rand COT positioning" width="480" height="240" style="border:0;border-radius:8px;overflow:hidden" loading="lazy"></iframe>

Explore further

Open in the terminal →ZARUSD seasonality All COT reports

ZAR commercial and large speculator net positioning from Sep 21, 2021 to Sep 8, 2026, with a 10th-90th percentile band
Week	Commercial net	Large spec net
2021-09-21	-3745	4305
2021-09-28	-2065	2519
2021-10-05	-1677	2536
2021-10-12	-1446	2156
2021-10-19	-3445	3713
2021-10-26	-3827	3951
2021-11-02	-2030	2427
2021-11-09	-1630	1638
2021-11-16	-3046	3277
2021-11-23	-2325	3230
2021-11-30	-3205	4239
2021-12-07	-2545	3818
2021-12-14	1335	-187
2021-12-21	1389	-440
2021-12-28	979	8
2022-01-04	763	193
2022-01-11	-1039	1761
2022-01-18	-871	1853
2022-01-25	-1335	2183
2022-02-01	-2248	2820
2022-02-08	-2191	3299
2022-02-15	-2340	2798
2022-02-22	-1520	1742
2022-03-01	-1997	2376
2022-03-08	504	-239
2022-03-15	-13134	13402
2022-03-22	-13090	13113
2022-03-29	-13660	13682
2022-04-05	-13927	13737
2022-04-12	-14541	14344
2022-04-19	-15379	15526
2022-04-26	-14548	15493
2022-05-03	-14572	15338
2022-05-10	-12588	13542
2022-05-17	-12698	13373
2022-05-24	-12845	13712
2022-05-31	-12868	13665
2022-06-07	-13563	14207
2022-06-14	-21295	21795
2022-06-21	-22044	22383
2022-06-28	-22042	22579
2022-07-05	-21693	22713
2022-07-12	-12318	13529
2022-07-19	-8354	9539
2022-07-26	-5500	6649
2022-08-02	-5651	6388
2022-08-09	-5024	5938
2022-08-16	-5290	5925
2022-08-23	-5486	6885
2022-08-30	-5700	6841
2022-09-06	-5759	7115
2022-09-13	-5730	6634
2022-09-20	-4085	5220
2022-09-27	-3239	4096
2022-10-04	-3625	4286
2022-10-11	-3722	4366
2022-10-18	-3651	4210
2022-10-25	-2001	2677
2022-11-01	920	-125
2022-11-08	1252	-1028
2022-11-15	974	-938
2022-11-22	1238	-1122
2022-11-29	802	-1015
2022-12-06	576	-480
2022-12-13	-937	1105
2022-12-20	-1397	1434
2022-12-27	-1239	1061
2023-01-03	-1106	762
2023-01-10	-2594	2191
2023-01-17	-1648	750
2023-01-24	-1947	1204
2023-01-31	-2181	1627
2023-02-07	-1918	1724
2023-02-14	-1404	881
2023-02-21	-1123	935
2023-02-28	1825	-1573
2023-03-07	2110	-1989
2023-03-14	13180	-13145
2023-03-21	13733	-12976
2023-03-28	13977	-13402
2023-04-04	14142	-14008
2023-04-11	13750	-13342
2023-04-18	14467	-14272
2023-04-25	15158	-14661
2023-05-02	14984	-14568
2023-05-09	15096	-14556
2023-05-16	15737	-14447
2023-05-23	16314	-15649
2023-05-30	17576	-16542
2023-06-06	19068	-18404
2023-06-13	17514	-16996
2023-06-20	18193	-17551
2023-06-27	19008	-18395
2023-07-03	18544	-17997
2023-07-11	17408	-16579
2023-07-18	16167	-16144
2023-07-25	15030	-15339
2023-08-01	10732	-11140
2023-08-08	9788	-9892
2023-08-15	8709	-8720
2023-08-22	8639	-8169
2023-08-29	9612	-9175
2023-09-05	8718	-8097
2023-09-12	9015	-8199
2023-09-19	-1540	2099
2023-09-26	-1725	2732
2023-10-03	-1968	2812
2023-10-10	-1557	2268
2023-10-17	-1884	2136
2023-10-24	-2700	3035
2023-10-31	-1595	1981
2023-11-07	-1580	1190
2023-11-14	-1881	1680
2023-11-21	-2395	2015
2023-11-28	-1958	1688
2023-12-05	-1900	1187
2023-12-12	-2168	2362
2023-12-19	-2329	1805
2023-12-26	-2850	1865
2024-01-02	-1744	1133
2024-01-09	-2975	2524
2024-01-16	-3293	3149
2024-01-23	-4502	4978
2024-01-30	-6	426
2024-02-06	762	-212
2024-02-13	586	588
2024-02-20	-526	1103
2024-02-27	-1876	2615
2024-03-05	-2298	2787
2024-03-12	-2247	2213
2024-03-19	3183	-2975
2024-03-26	2915	-2889
2024-04-02	2182	-2226
2024-04-09	2547	-2907
2024-04-16	47	109
2024-04-23	-433	1044
2024-04-30	-470	715
2024-05-07	-1940	1503
2024-05-14	-3364	2739
2024-05-21	-2614	1725
2024-05-28	-4239	3299
2024-06-04	-5281	4816
2024-06-11	-2868	2003
2024-06-18	-2660	1345
2024-06-25	-6888	5529
2024-07-02	-10009	9015
2024-07-09	-9973	8837
2024-07-16	-10350	9230
2024-07-23	-11714	10837
2024-07-30	-13344	12233
2024-08-06	-14572	13774
2024-08-13	-13549	12082
2024-08-20	-12738	11240
2024-08-27	-13741	11994
2024-09-03	-14950	13330
2024-09-10	-16110	14700
2024-09-17	-34425	33053
2024-09-24	-34468	32634
2024-10-01	-34856	32939
2024-10-08	-33595	31976
2024-10-15	-29407	27699
2024-10-22	-30169	28145
2024-10-29	-30697	28978
2024-11-05	-31228	29230
2024-11-12	-31298	29817
2024-11-19	-32587	30793
2024-11-26	-31506	29682
2024-12-03	-30949	29436
2024-12-10	-29422	27926
2024-12-17	-2648	1422
2024-12-24	-4374	3061
2024-12-31	-3163	2152
2025-01-07	822	-2139
2025-01-14	1177	-2445
2025-01-21	2538	-3812
2025-01-28	2295	-3099
2025-02-04	2775	-3685
2025-02-11	-1645	997
2025-02-18	-4024	3949
2025-02-25	-1490	1633
2025-03-04	-3357	3420
2025-03-11	-1731	2110
2025-03-18	-13121	12893
2025-03-25	-16455	15795
2025-04-01	-16603	16075
2025-04-08	-11168	11829
2025-04-15	-6178	6772
2025-04-22	-5643	6108
2025-04-29	-5128	5883
2025-05-06	-7240	7184
2025-05-13	-11889	11799
2025-05-20	-11702	11143
2025-05-27	-13400	12661
2025-06-03	-12910	12098
2025-06-10	-12888	11308
2025-06-17	-15344	14368
2025-06-24	-13051	12269
2025-07-01	-13981	12642
2025-07-08	-15567	14099
2025-07-15	-15254	14191
2025-07-22	-14000	12604
2025-07-29	-14194	13026
2025-08-05	-14616	14189
2025-08-12	-11996	11810
2025-08-19	-12113	11695
2025-08-26	-11859	11231
2025-09-02	-11977	11310
2025-09-09	-12326	11201
2025-09-16	-10853	9457
2025-09-23	-10617	9178
2025-09-30	-7298	5910
2025-10-07	-7790	6749
2025-10-14	-8090	8056
2025-10-21	-9136	8975
2025-10-28	-8741	8649
2025-11-04	-8300	8493
2025-11-10	-7320	7520
2025-11-18	-7753	7521
2025-11-25	-8330	7439
2025-12-02	-7584	6737
2025-12-09	-6689	5738
2025-12-16	-3864	2837
2025-12-23	-5793	4848
2025-12-30	-6174	5121
2026-01-06	-6892	5906
2026-01-13	-8125	7110
2026-01-20	-9501	8456
2026-01-27	-10814	9082
2026-02-03	-11457	9680
2026-02-10	-11390	9525
2026-02-17	-11547	9956
2026-02-24	-10881	8651
2026-03-03	-8084	6774
2026-03-10	-8660	7109
2026-03-17	-11876	10230
2026-03-24	-10884	9563
2026-03-31	-10276	8987
2026-04-07	-8784	7183
2026-04-14	-8344	6379
2026-04-21	-8958	6430
2026-04-28	-9194	6893
2026-05-05	-8209	5874
2026-05-12	-9165	7115
2026-05-19	-8950	6783
2026-05-26	-9076	7020
2026-06-02	-8739	6055
2026-06-09	-8579	6471
2026-06-16	-10318	8133
2026-06-23	-11519	9780
2026-06-30	-9590	7938
2026-07-07	-10261	8218
2026-07-14	-10275	7916
2026-07-21	-9409	7461
2026-07-28	-8751	6935
2026-08-04	-7029	5005
2026-08-11	-7874	6232
2026-08-18	-10397	8499
2026-08-25	-13179	11897
2026-09-01	-13987	11907
2026-09-08	-14946	12453

ZAR commercial and large speculator net positioning from Sep 21, 2021 to Sep 8, 2026, with a 10th-90th percentile band

Week

Commercial net

Large spec net

2021-09-21

-3745

4305

2021-09-28

-2065

2519

2021-10-05

-1677

2536

2021-10-12

-1446

2156

2021-10-19

-3445

3713

2021-10-26

-3827

3951

2021-11-02

-2030

2427

2021-11-09

-1630

1638

2021-11-16

-3046

3277

2021-11-23

-2325

3230

2021-11-30

-3205

4239

2021-12-07

-2545

3818

2021-12-14

1335

-187

2021-12-21

1389

-440

2021-12-28

979

2022-01-04

763

193

2022-01-11

-1039

1761

2022-01-18

-871

1853

2022-01-25

-1335

2183

2022-02-01

-2248

2820

2022-02-08

-2191

3299

2022-02-15

-2340

2798

2022-02-22

-1520

1742

2022-03-01

-1997

2376

2022-03-08

504

-239

2022-03-15

-13134

13402

2022-03-22

-13090

13113

2022-03-29

-13660

13682

2022-04-05

-13927

13737

2022-04-12

-14541

14344

2022-04-19

-15379

15526

2022-04-26

-14548

15493

2022-05-03

-14572

15338

2022-05-10

-12588

13542

2022-05-17

-12698

13373

2022-05-24

-12845

13712

2022-05-31

-12868

13665

2022-06-07

-13563

14207

2022-06-14

-21295

21795

2022-06-21

-22044

22383

2022-06-28

-22042

22579

2022-07-05

-21693

22713

2022-07-12

-12318

13529

2022-07-19

-8354

9539

2022-07-26

-5500

6649

2022-08-02

-5651

6388

2022-08-09

-5024

5938

2022-08-16

-5290

5925

2022-08-23

-5486

6885

2022-08-30

-5700

6841

2022-09-06

-5759

7115

2022-09-13

-5730

6634

2022-09-20

-4085

5220

2022-09-27

-3239

4096

2022-10-04

-3625

4286

2022-10-11

-3722

4366

2022-10-18

-3651

4210

2022-10-25

-2001

2677

2022-11-01

920

-125

2022-11-08

1252

-1028

2022-11-15

974

-938

2022-11-22

1238

-1122

2022-11-29

802

-1015

2022-12-06

576

-480

2022-12-13

-937

1105

2022-12-20

-1397

1434

2022-12-27

-1239

1061

2023-01-03

-1106

762

2023-01-10

-2594

2191

2023-01-17

-1648

750

2023-01-24

-1947

1204

2023-01-31

-2181

1627

2023-02-07

-1918

1724

2023-02-14

-1404

881

2023-02-21

-1123

935

2023-02-28

1825

-1573

2023-03-07

2110

-1989

2023-03-14

13180

-13145

2023-03-21

13733

-12976

2023-03-28

13977

-13402

2023-04-04

14142

-14008

2023-04-11

13750

-13342

2023-04-18

14467

-14272

2023-04-25

15158

-14661

2023-05-02

14984

-14568

2023-05-09

15096

-14556

2023-05-16

15737

-14447

2023-05-23

16314

-15649

2023-05-30

17576

-16542

2023-06-06

19068

-18404

2023-06-13

17514

-16996

2023-06-20

18193

-17551

2023-06-27

19008

-18395

2023-07-03

18544

-17997

2023-07-11

17408

-16579

2023-07-18

16167

-16144

2023-07-25

15030

-15339

2023-08-01

10732

-11140

2023-08-08

9788

-9892

2023-08-15

8709

-8720

2023-08-22

8639

-8169

2023-08-29

9612

-9175

2023-09-05

8718

-8097

2023-09-12

9015

-8199

2023-09-19

-1540

2099

2023-09-26

-1725

2732

2023-10-03

-1968

2812

2023-10-10

-1557

2268

2023-10-17

-1884

2136

2023-10-24

-2700

3035

2023-10-31

-1595

1981

2023-11-07

-1580

1190

2023-11-14

-1881

1680

2023-11-21

-2395

2015

2023-11-28

-1958

1688

2023-12-05

-1900

1187

2023-12-12

-2168

2362

2023-12-19

-2329

1805

2023-12-26

-2850

1865

2024-01-02

-1744

1133

2024-01-09

-2975

2524

2024-01-16

-3293

3149

2024-01-23

-4502

4978

2024-01-30

-6

426

2024-02-06

762

-212

2024-02-13

586

588

2024-02-20

-526

1103

2024-02-27

-1876

2615

2024-03-05

-2298

2787

2024-03-12

-2247

2213

2024-03-19

3183

-2975

2024-03-26

2915

-2889

2024-04-02

2182

-2226

2024-04-09

2547

-2907

2024-04-16

109

2024-04-23

-433

1044

2024-04-30

-470

715

2024-05-07

-1940

1503

2024-05-14

-3364

2739

2024-05-21

-2614

1725

2024-05-28

-4239

3299

2024-06-04

-5281

4816

2024-06-11

-2868

2003

2024-06-18

-2660

1345

2024-06-25

-6888

5529

2024-07-02

-10009

9015

2024-07-09

-9973

8837

2024-07-16

-10350

9230

2024-07-23

-11714

10837

2024-07-30

-13344

12233

2024-08-06

-14572

13774

2024-08-13

-13549

12082

2024-08-20

-12738

11240

2024-08-27

-13741

11994

2024-09-03

-14950

13330

2024-09-10

-16110

14700

2024-09-17

-34425

33053

2024-09-24

-34468

32634

2024-10-01

-34856

32939

2024-10-08

-33595

31976

2024-10-15

-29407

27699

2024-10-22

-30169

28145

2024-10-29

-30697

28978

2024-11-05

-31228

29230

2024-11-12

-31298

29817

2024-11-19

-32587

30793

2024-11-26

-31506

29682

2024-12-03

-30949

29436

2024-12-10

-29422

27926

2024-12-17

-2648

1422

2024-12-24

-4374

3061

2024-12-31

-3163

2152

2025-01-07

822

-2139

2025-01-14

1177

-2445

2025-01-21

2538

-3812

2025-01-28

2295

-3099

2025-02-04

2775

-3685

2025-02-11

-1645

997

2025-02-18

-4024

3949

2025-02-25

-1490

1633

2025-03-04

-3357

3420

2025-03-11

-1731

2110

2025-03-18

-13121

12893

2025-03-25

-16455

15795

2025-04-01

-16603

16075

2025-04-08

-11168

11829

2025-04-15

-6178

6772

2025-04-22

-5643

6108

2025-04-29

-5128

5883

2025-05-06

-7240

7184

2025-05-13

-11889

11799

2025-05-20

-11702

11143

2025-05-27

-13400

12661

2025-06-03

-12910

12098

2025-06-10

-12888

11308

2025-06-17

-15344

14368

2025-06-24

-13051

12269

2025-07-01

-13981

12642

2025-07-08

-15567

14099

2025-07-15

-15254

14191

2025-07-22

-14000

12604

2025-07-29

-14194

13026

2025-08-05

-14616

14189

2025-08-12

-11996

11810

2025-08-19

-12113

11695

2025-08-26

-11859

11231

2025-09-02

-11977

11310

2025-09-09

-12326

11201

2025-09-16

-10853

9457

2025-09-23

-10617

9178

2025-09-30

-7298

5910

2025-10-07

-7790

6749

2025-10-14

-8090

8056

2025-10-21

-9136

8975

2025-10-28

-8741

8649

2025-11-04

-8300

8493

2025-11-10

-7320

7520

2025-11-18

-7753

7521

2025-11-25

-8330

7439

2025-12-02

-7584

6737

2025-12-09

-6689

5738

2025-12-16

-3864

2837

2025-12-23

-5793

4848

2025-12-30

-6174

5121

2026-01-06

-6892

5906

2026-01-13

-8125

7110

2026-01-20

-9501

8456

2026-01-27

-10814

9082

2026-02-03

-11457

9680

2026-02-10

-11390

9525

2026-02-17

-11547

9956

2026-02-24

-10881

8651

2026-03-03

-8084

6774

2026-03-10

-8660

7109

2026-03-17

-11876

10230

2026-03-24

-10884

9563

2026-03-31

-10276

8987

2026-04-07

-8784

7183

2026-04-14

-8344

6379

2026-04-21

-8958

6430

2026-04-28

-9194

6893

2026-05-05

-8209

5874

2026-05-12

-9165

7115

2026-05-19

-8950

6783

2026-05-26

-9076

7020

2026-06-02

-8739

6055

2026-06-09

-8579

6471

2026-06-16

-10318

8133

2026-06-23

-11519

9780

2026-06-30

-9590

7938

2026-07-07

-10261

8218

2026-07-14

-10275

7916

2026-07-21

-9409

7461

2026-07-28

-8751

6935

2026-08-04

-7029

5005

2026-08-11

-7874

6232

2026-08-18

-10397

8499

2026-08-25

-13179

11897

2026-09-01

-13987

11907

2026-09-08

-14946

12453