South African rand united states dollar exchange rate history (ZAR USD) November 2023

South African rand united states dollar history for November 2023. The highest quote for this month is 0.054753 (15/11/2023) and the lowest 0.055264 (15/11/2023). The difference between high and low is -0.93.

ZAR USD average rate for November 2023 is 0.05394, the change between 01/11/2023 and 30/11/2023 is +0.6 %.

01 November 2023	1 ZAR = 0.0537 USD
06 November 2023	1 ZAR = 0.0548 USD
07 November 2023	1 ZAR = 0.0547 USD
08 November 2023	1 ZAR = 0.0545 USD
09 November 2023	1 ZAR = 0.0541 USD
10 November 2023	1 ZAR = 0.0536 USD
11 November 2023	1 ZAR = 0.0534 USD
12 November 2023	1 ZAR = 0.0534 USD
13 November 2023	1 ZAR = 0.0534 USD
14 November 2023	1 ZAR = 0.0535 USD
15 November 2023	1 ZAR = 0.0549 USD
16 November 2023	1 ZAR = 0.0550 USD
17 November 2023	1 ZAR = 0.0545 USD
18 November 2023	1 ZAR = 0.0544 USD
19 November 2023	1 ZAR = 0.0544 USD
20 November 2023	1 ZAR = 0.0545 USD
21 November 2023	1 ZAR = 0.0546 USD
22 November 2023	1 ZAR = 0.0537 USD
23 November 2023	1 ZAR = 0.0530 USD
25 November 2023	1 ZAR = 0.0531 USD
26 November 2023	1 ZAR = 0.0531 USD
27 November 2023	1 ZAR = 0.0532 USD
28 November 2023	1 ZAR = 0.0536 USD
29 November 2023	1 ZAR = 0.0538 USD
30 November 2023	1 ZAR = 0.0534 USD

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.

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.

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.