South African rand guinean franc exchange rate history (ZAR GNF) September 2023

South African rand guinean franc history for September 2023. The highest quote for this month is 452.28 (30/09/2023) and the lowest 456.52 (01/09/2023). The difference between high and low is -0.94.

ZAR GNF average rate for September 2023 is 449.57, the change between 01/09/2023 and 30/09/2023 is +0.77 %.

01 September 2023	1 ZAR = 451.7 GNF
04 September 2023	1 ZAR = 454.5 GNF
05 September 2023	1 ZAR = 445.6 GNF
06 September 2023	1 ZAR = 443.3 GNF
07 September 2023	1 ZAR = 441.1 GNF
08 September 2023	1 ZAR = 444.3 GNF
11 September 2023	1 ZAR = 445.3 GNF
12 September 2023	1 ZAR = 450.5 GNF
13 September 2023	1 ZAR = 452.1 GNF
14 September 2023	1 ZAR = 454.9 GNF
15 September 2023	1 ZAR = 449.4 GNF
18 September 2023	1 ZAR = 447.2 GNF
19 September 2023	1 ZAR = 449.9 GNF
20 September 2023	1 ZAR = 452.5 GNF
21 September 2023	1 ZAR = 453.6 GNF
22 September 2023	1 ZAR = 451.4 GNF
23 September 2023	1 ZAR = 452.0 GNF
25 September 2023	1 ZAR = 452.1 GNF
26 September 2023	1 ZAR = 455.6 GNF
27 September 2023	1 ZAR = 448.8 GNF
28 September 2023	1 ZAR = 445.4 GNF
29 September 2023	1 ZAR = 450.9 GNF
30 September 2023	1 ZAR = 448.2 GNF

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.

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

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.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

01/08/1982: Currency Decimalization

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

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

14/09/1961: Introduction of the Rand

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

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.

Historic South African rand Guinean franc