Historic Philippine peso South African rand

Philippine peso south african rand history for February 2024. The highest quote for this month is 0.34606 (23/02/2024) and the lowest 0.35103 (27/02/2024). The difference between high and low is -1.44.

PHP ZAR average rate for February 2024 is 0.33907, the change between 01/02/2024 and 29/02/2024 is -3.22 %.

01 February 20241 PHP = 0.3318 ZAR
02 February 20241 PHP = 0.3319 ZAR
03 February 20241 PHP = 0.3380 ZAR
04 February 20241 PHP = 0.3377 ZAR
05 February 20241 PHP = 0.3362 ZAR
06 February 20241 PHP = 0.3384 ZAR
07 February 20241 PHP = 0.3353 ZAR
08 February 20241 PHP = 0.3378 ZAR
09 February 20241 PHP = 0.3389 ZAR
10 February 20241 PHP = 0.3407 ZAR
12 February 20241 PHP = 0.3397 ZAR
13 February 20241 PHP = 0.3381 ZAR
14 February 20241 PHP = 0.3405 ZAR
15 February 20241 PHP = 0.3396 ZAR
16 February 20241 PHP = 0.3393 ZAR
17 February 20241 PHP = 0.3368 ZAR
18 February 20241 PHP = 0.3368 ZAR
19 February 20241 PHP = 0.3364 ZAR
20 February 20241 PHP = 0.3382 ZAR
21 February 20241 PHP = 0.3385 ZAR
22 February 20241 PHP = 0.3385 ZAR
23 February 20241 PHP = 0.3434 ZAR
24 February 20241 PHP = 0.3449 ZAR
25 February 20241 PHP = 0.3454 ZAR
26 February 20241 PHP = 0.3456 ZAR
27 February 20241 PHP = 0.3429 ZAR
28 February 20241 PHP = 0.3401 ZAR
29 February 20241 PHP = 0.3425 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.
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