Historic South African rand Fijian Dollar

South African rand fijian dollar history for January 2024. The highest quote for this month is 0.11925 (12/01/2024) and the lowest 0.12 (09/01/2024). The difference between high and low is -0.63.

ZAR FJD average rate for January 2024 is 0.11855, the change between 01/01/2024 and 31/01/2024 is +0.94 %.

01 January 20241 ZAR = 0.1195 FJD
02 January 20241 ZAR = 0.1193 FJD
03 January 20241 ZAR = 0.1194 FJD
04 January 20241 ZAR = 0.1190 FJD
05 January 20241 ZAR = 0.1179 FJD
08 January 20241 ZAR = 0.1179 FJD
09 January 20241 ZAR = 0.1197 FJD
10 January 20241 ZAR = 0.1195 FJD
11 January 20241 ZAR = 0.1196 FJD
12 January 20241 ZAR = 0.1195 FJD
15 January 20241 ZAR = 0.1182 FJD
16 January 20241 ZAR = 0.1186 FJD
17 January 20241 ZAR = 0.1172 FJD
18 January 20241 ZAR = 0.1168 FJD
19 January 20241 ZAR = 0.1176 FJD
22 January 20241 ZAR = 0.1170 FJD
23 January 20241 ZAR = 0.1174 FJD
24 January 20241 ZAR = 0.1191 FJD
25 January 20241 ZAR = 0.1192 FJD
26 January 20241 ZAR = 0.1179 FJD
29 January 20241 ZAR = 0.1188 FJD
30 January 20241 ZAR = 0.1195 FJD
31 January 20241 ZAR = 0.1184 FJD

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.

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.

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.

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

01/08/1982: Currency Decimalization

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

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.

14/09/1961: Introduction of the Rand

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

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.