Historic Euro South African rand

Euro south african rand history for November 2023. The highest quote for this month is 20.661 (30/11/2023) and the lowest 20.539 (26/11/2023). The difference between high and low is 0.59.

EUR ZAR average rate for November 2023 is 20.03308, the change between 01/11/2023 and 30/11/2023 is -4.35 %.

01 November 20231 EUR = 19.70 ZAR
02 November 20231 EUR = 19.53 ZAR
03 November 20231 EUR = 19.54 ZAR
06 November 20231 EUR = 19.60 ZAR
07 November 20231 EUR = 19.61 ZAR
08 November 20231 EUR = 19.61 ZAR
09 November 20231 EUR = 19.80 ZAR
10 November 20231 EUR = 19.90 ZAR
12 November 20231 EUR = 20.01 ZAR
13 November 20231 EUR = 20.02 ZAR
14 November 20231 EUR = 19.99 ZAR
15 November 20231 EUR = 19.82 ZAR
16 November 20231 EUR = 19.73 ZAR
17 November 20231 EUR = 19.93 ZAR
19 November 20231 EUR = 20.05 ZAR
20 November 20231 EUR = 20.00 ZAR
21 November 20231 EUR = 20.06 ZAR
22 November 20231 EUR = 20.32 ZAR
23 November 20231 EUR = 20.55 ZAR
24 November 20231 EUR = 20.51 ZAR
26 November 20231 EUR = 20.59 ZAR
27 November 20231 EUR = 20.55 ZAR
28 November 20231 EUR = 20.43 ZAR
29 November 20231 EUR = 20.44 ZAR
30 November 20231 EUR = 20.55 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.