Philippine peso south african rand exchange rate history (PHP ZAR) December 2023

Philippine peso south african rand history for December 2023. The highest quote for this month is 0.34362 (11/12/2023) and the lowest 0.35601 (05/12/2023). The difference between high and low is -3.61.

PHP ZAR average rate for December 2023 is 0.33538, the change between 01/12/2023 and 31/12/2023 is +1.11 %.

01 December 2023	1 PHP = 0.3394 ZAR
02 December 2023	1 PHP = 0.3360 ZAR
03 December 2023	1 PHP = 0.3360 ZAR
04 December 2023	1 PHP = 0.3365 ZAR
05 December 2023	1 PHP = 0.3398 ZAR
06 December 2023	1 PHP = 0.3438 ZAR
07 December 2023	1 PHP = 0.3432 ZAR
08 December 2023	1 PHP = 0.3396 ZAR
10 December 2023	1 PHP = 0.3423 ZAR
11 December 2023	1 PHP = 0.3415 ZAR
12 December 2023	1 PHP = 0.3434 ZAR
13 December 2023	1 PHP = 0.3408 ZAR
14 December 2023	1 PHP = 0.3362 ZAR
15 December 2023	1 PHP = 0.3290 ZAR
16 December 2023	1 PHP = 0.3292 ZAR
17 December 2023	1 PHP = 0.3292 ZAR
18 December 2023	1 PHP = 0.3281 ZAR
19 December 2023	1 PHP = 0.3338 ZAR
20 December 2023	1 PHP = 0.3296 ZAR
21 December 2023	1 PHP = 0.3282 ZAR
22 December 2023	1 PHP = 0.3287 ZAR
23 December 2023	1 PHP = 0.3330 ZAR
24 December 2023	1 PHP = 0.3330 ZAR
25 December 2023	1 PHP = 0.3343 ZAR
26 December 2023	1 PHP = 0.3330 ZAR
27 December 2023	1 PHP = 0.3371 ZAR
28 December 2023	1 PHP = 0.3303 ZAR
29 December 2023	1 PHP = 0.3357 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.

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.

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.

01/08/1982: Currency Decimalization

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

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

14/09/1961: Introduction of the Rand

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

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.

Historic Philippine peso South African rand