South African rand kenyan shilling exchange rate history (ZAR KES) October 2023

South African rand kenyan shilling history for October 2023. The highest quote for this month is 7.9728 (28/10/2023) and the lowest 8.0008 (31/10/2023). The difference between high and low is -0.35.

ZAR KES average rate for October 2023 is 7.80654, the change between 01/10/2023 and 31/10/2023 is -1.15 %.

01 October 2023	1 ZAR = 7.85 KES
02 October 2023	1 ZAR = 7.80 KES
03 October 2023	1 ZAR = 7.67 KES
04 October 2023	1 ZAR = 7.64 KES
05 October 2023	1 ZAR = 7.64 KES
06 October 2023	1 ZAR = 7.35 KES
07 October 2023	1 ZAR = 7.71 KES
09 October 2023	1 ZAR = 7.64 KES
10 October 2023	1 ZAR = 7.73 KES
11 October 2023	1 ZAR = 7.83 KES
12 October 2023	1 ZAR = 7.87 KES
13 October 2023	1 ZAR = 7.81 KES
16 October 2023	1 ZAR = 7.82 KES
17 October 2023	1 ZAR = 7.91 KES
18 October 2023	1 ZAR = 7.91 KES
19 October 2023	1 ZAR = 7.85 KES
20 October 2023	1 ZAR = 7.84 KES
21 October 2023	1 ZAR = 7.93 KES
22 October 2023	1 ZAR = 7.89 KES
23 October 2023	1 ZAR = 7.84 KES
24 October 2023	1 ZAR = 7.86 KES
25 October 2023	1 ZAR = 7.85 KES
26 October 2023	1 ZAR = 7.81 KES
27 October 2023	1 ZAR = 7.89 KES
28 October 2023	1 ZAR = 7.97 KES
29 October 2023	1 ZAR = 7.97 KES
30 October 2023	1 ZAR = 7.79 KES
31 October 2023	1 ZAR = 7.94 KES

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.

01/10/2019: New Generation Banknotes

Kenya introduced a new series of banknotes with enhanced security features and design elements to fight illicit financial activities.

01/07/2010: Introduction of New Currency Denominations

Kenya introduced new currency denominations, including the 1000 shilling note, to combat money laundering and illegal financial activities.

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.

14/09/1994: Transition to New Currency

Kenya introduced a new design of banknotes and coins to counter counterfeiting and promote national identity.

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.

01/07/1985: Second Devaluation of the Shilling

The Kenyan shilling was further devalued by 30% as part of economic reforms and structural adjustments.

01/08/1982: Currency Decimalization

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

14/09/1980: Devaluation of the Shilling

The Kenyan shilling was devalued by 30% as part of an austerity measure to address the country's economic challenges.

14/06/1969: Decimalization of the Shilling

Kenya decimalized its currency, dividing the shilling into 100 cents for easier transactions and financial calculations.

14/06/1966: Introduction of the Kenyan Shilling

The Kenyan shilling was introduced as the official currency of Kenya replacing the East African shilling as a result of Kenya's independence from British colonial rule.

14/09/1961: Introduction of the Rand

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

Historic South African rand Kenyan shilling