Historic South African rand Barbadian dollar

South African rand barbadian dollar history for February 2024. The highest quote for this month is 0.10614 (17/02/2024) and the lowest 0.10622 (01/02/2024). The difference between high and low is -0.08.

ZAR BBD average rate for February 2024 is 0.10437, the change between 01/02/2024 and 29/02/2024 is +3.36 %.

01 February 20241 ZAR = 0.1058 BBD
02 February 20241 ZAR = 0.1062 BBD
03 February 20241 ZAR = 0.1058 BBD
04 February 20241 ZAR = 0.1059 BBD
05 February 20241 ZAR = 0.1055 BBD
06 February 20241 ZAR = 0.1037 BBD
07 February 20241 ZAR = 0.1049 BBD
08 February 20241 ZAR = 0.1044 BBD
09 February 20241 ZAR = 0.1041 BBD
10 February 20241 ZAR = 0.1052 BBD
11 February 20241 ZAR = 0.1050 BBD
12 February 20241 ZAR = 0.1039 BBD
13 February 20241 ZAR = 0.1044 BBD
14 February 20241 ZAR = 0.1034 BBD
15 February 20241 ZAR = 0.1037 BBD
16 February 20241 ZAR = 0.1041 BBD
17 February 20241 ZAR = 0.1061 BBD
18 February 20241 ZAR = 0.1061 BBD
19 February 20241 ZAR = 0.1048 BBD
20 February 20241 ZAR = 0.1041 BBD
21 February 20241 ZAR = 0.1044 BBD
22 February 20241 ZAR = 0.1044 BBD
23 February 20241 ZAR = 0.1031 BBD
24 February 20241 ZAR = 0.1038 BBD
25 February 20241 ZAR = 0.1036 BBD
26 February 20241 ZAR = 0.1021 BBD
27 February 20241 ZAR = 0.1027 BBD
28 February 20241 ZAR = 0.1034 BBD
29 February 20241 ZAR = 0.1023 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

14/09/1961: Introduction of the Rand

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

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.
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