Historic South African rand Algerian dinar

South African rand algerian dinar history for January 2024. The highest quote for this month is 7.2943 (01/01/2024) and the lowest 7.3253 (01/01/2024). The difference between high and low is -0.42.

ZAR DZD average rate for January 2024 is 7.15773, the change between 01/01/2024 and 31/01/2024 is +2.52 %.

01 January 20241 ZAR = 7.33 DZD
02 January 20241 ZAR = 7.31 DZD
03 January 20241 ZAR = 7.23 DZD
04 January 20241 ZAR = 7.19 DZD
05 January 20241 ZAR = 7.17 DZD
06 January 20241 ZAR = 7.18 DZD
07 January 20241 ZAR = 7.18 DZD
08 January 20241 ZAR = 7.17 DZD
09 January 20241 ZAR = 7.22 DZD
10 January 20241 ZAR = 7.19 DZD
11 January 20241 ZAR = 7.20 DZD
12 January 20241 ZAR = 7.18 DZD
14 January 20241 ZAR = 7.22 DZD
15 January 20241 ZAR = 7.21 DZD
16 January 20241 ZAR = 7.20 DZD
17 January 20241 ZAR = 7.08 DZD
18 January 20241 ZAR = 7.03 DZD
19 January 20241 ZAR = 7.10 DZD
22 January 20241 ZAR = 7.04 DZD
23 January 20241 ZAR = 6.97 DZD
24 January 20241 ZAR = 7.09 DZD
25 January 20241 ZAR = 7.09 DZD
26 January 20241 ZAR = 7.11 DZD
28 January 20241 ZAR = 7.15 DZD
29 January 20241 ZAR = 7.15 DZD
30 January 20241 ZAR = 7.15 DZD
31 January 20241 ZAR = 7.14 DZD

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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

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.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

01/01/1995: Establishment of Reserve Bank Independence

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

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

14/09/1961: Introduction of the Rand

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