Kenyan shilling south african rand exchange rate history (KES ZAR) October 2023

Kenyan shilling south african rand history for October 2023. The highest quote for this month is 0.13285 (06/10/2023) and the lowest 0.13415 (06/10/2023). The difference between high and low is -0.98.

KES ZAR average rate for October 2023 is 0.12813, the change between 01/10/2023 and 31/10/2023 is +1.14 %.

01 October 2023	1 KES = 0.1274 ZAR
02 October 2023	1 KES = 0.1283 ZAR
03 October 2023	1 KES = 0.1304 ZAR
04 October 2023	1 KES = 0.1309 ZAR
05 October 2023	1 KES = 0.1309 ZAR
06 October 2023	1 KES = 0.1360 ZAR
07 October 2023	1 KES = 0.1298 ZAR
09 October 2023	1 KES = 0.1310 ZAR
10 October 2023	1 KES = 0.1294 ZAR
11 October 2023	1 KES = 0.1277 ZAR
12 October 2023	1 KES = 0.1271 ZAR
13 October 2023	1 KES = 0.1281 ZAR
16 October 2023	1 KES = 0.1279 ZAR
17 October 2023	1 KES = 0.1264 ZAR
18 October 2023	1 KES = 0.1265 ZAR
19 October 2023	1 KES = 0.1274 ZAR
20 October 2023	1 KES = 0.1276 ZAR
21 October 2023	1 KES = 0.1261 ZAR
22 October 2023	1 KES = 0.1267 ZAR
23 October 2023	1 KES = 0.1275 ZAR
24 October 2023	1 KES = 0.1272 ZAR
25 October 2023	1 KES = 0.1274 ZAR
26 October 2023	1 KES = 0.1281 ZAR
27 October 2023	1 KES = 0.1268 ZAR
28 October 2023	1 KES = 0.1254 ZAR
29 October 2023	1 KES = 0.1254 ZAR
30 October 2023	1 KES = 0.1284 ZAR
31 October 2023	1 KES = 0.1259 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.

01/10/2019: New Generation Banknotes

Kenya introduced a new series of banknotes with enhanced security features and design elements to fight illicit financial activities.

01/07/2010: Introduction of New Currency Denominations

Kenya introduced new currency denominations, including the 1000 shilling note, to combat money laundering and illegal financial activities.

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.

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.

01/01/1995: Establishment of Reserve Bank Independence

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

14/09/1994: Transition to New Currency

Kenya introduced a new design of banknotes and coins to counter counterfeiting and promote national identity.

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.

01/07/1985: Second Devaluation of the Shilling

The Kenyan shilling was further devalued by 30% as part of economic reforms and structural adjustments.

01/08/1982: Currency Decimalization

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

14/09/1980: Devaluation of the Shilling

The Kenyan shilling was devalued by 30% as part of an austerity measure to address the country's economic challenges.

14/06/1969: Decimalization of the Shilling

Kenya decimalized its currency, dividing the shilling into 100 cents for easier transactions and financial calculations.

14/06/1966: Introduction of the Kenyan Shilling

The Kenyan shilling was introduced as the official currency of Kenya replacing the East African shilling as a result of Kenya's independence from British colonial rule.

14/09/1961: Introduction of the Rand

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

Historic Kenyan shilling South African rand