Historic Singapore dollar South African rand

Singapore dollar south african rand history for January 2024. The highest quote for this month is 14.309 (22/01/2024) and the lowest 14.193 (23/01/2024). The difference between high and low is 0.81.

SGD ZAR average rate for January 2024 is 14.04619, the change between 01/01/2024 and 31/01/2024 is -1.23 %.

01 January 20241 SGD = 13.85 ZAR
02 January 20241 SGD = 13.87 ZAR
03 January 20241 SGD = 13.99 ZAR
04 January 20241 SGD = 14.06 ZAR
05 January 20241 SGD = 14.06 ZAR
06 January 20241 SGD = 14.05 ZAR
07 January 20241 SGD = 14.05 ZAR
08 January 20241 SGD = 14.04 ZAR
09 January 20241 SGD = 13.97 ZAR
10 January 20241 SGD = 14.00 ZAR
11 January 20241 SGD = 14.00 ZAR
12 January 20241 SGD = 14.02 ZAR
13 January 20241 SGD = 13.98 ZAR
14 January 20241 SGD = 13.97 ZAR
15 January 20241 SGD = 13.97 ZAR
16 January 20241 SGD = 13.98 ZAR
17 January 20241 SGD = 14.12 ZAR
18 January 20241 SGD = 14.19 ZAR
19 January 20241 SGD = 14.08 ZAR
20 January 20241 SGD = 14.18 ZAR
21 January 20241 SGD = 14.19 ZAR
22 January 20241 SGD = 14.18 ZAR
23 January 20241 SGD = 14.30 ZAR
24 January 20241 SGD = 14.11 ZAR
25 January 20241 SGD = 14.09 ZAR
26 January 20241 SGD = 14.09 ZAR
27 January 20241 SGD = 14.00 ZAR
28 January 20241 SGD = 14.01 ZAR
29 January 20241 SGD = 13.98 ZAR
30 January 20241 SGD = 14.02 ZAR
31 January 20241 SGD = 14.02 ZAR

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two 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.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
SGD ZAR July 2023
SGD ZAR August 2023
SGD ZAR September 2023
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SGD ZAR December 2023
SGD ZAR January 2024
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