Historic South African rand Czech koruna

South African rand czech koruna history for January 2024. The highest quote for this month is 1.2217 (29/01/2024) and the lowest 1.2274 (31/01/2024). The difference between high and low is -0.47.

ZAR CZK average rate for January 2024 is 1.20662, the change between 01/01/2024 and 31/01/2024 is +0.54 %.

01 January 20241 ZAR = 1.222 CZK
02 January 20241 ZAR = 1.221 CZK
03 January 20241 ZAR = 1.214 CZK
04 January 20241 ZAR = 1.208 CZK
05 January 20241 ZAR = 1.205 CZK
06 January 20241 ZAR = 1.205 CZK
07 January 20241 ZAR = 1.205 CZK
08 January 20241 ZAR = 1.201 CZK
09 January 20241 ZAR = 1.205 CZK
10 January 20241 ZAR = 1.206 CZK
11 January 20241 ZAR = 1.201 CZK
12 January 20241 ZAR = 1.204 CZK
14 January 20241 ZAR = 1.208 CZK
15 January 20241 ZAR = 1.210 CZK
16 January 20241 ZAR = 1.209 CZK
17 January 20241 ZAR = 1.198 CZK
18 January 20241 ZAR = 1.190 CZK
19 January 20241 ZAR = 1.203 CZK
21 January 20241 ZAR = 1.195 CZK
22 January 20241 ZAR = 1.197 CZK
23 January 20241 ZAR = 1.186 CZK
24 January 20241 ZAR = 1.211 CZK
25 January 20241 ZAR = 1.207 CZK
26 January 20241 ZAR = 1.208 CZK
27 January 20241 ZAR = 1.212 CZK
28 January 20241 ZAR = 1.213 CZK
29 January 20241 ZAR = 1.216 CZK
30 January 20241 ZAR = 1.219 CZK
31 January 20241 ZAR = 1.216 CZK

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.

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

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.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

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.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

01/08/1982: Currency Decimalization

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

14/09/1961: Introduction of the Rand

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