South African rand united states dollar history for September 2023. The highest quote for this month is 0.053055 (25/09/2023) and the lowest 0.053679 (01/09/2023). The difference between high and low is -1.18.
ZAR USD average rate for September 2023 is 0.05281, the change between 01/09/2023 and 30/09/2023 is +0.44 %.
| 01 September 2023 | 1 ZAR = 0.0531 USD |
| 05 September 2023 | 1 ZAR = 0.0524 USD |
| 06 September 2023 | 1 ZAR = 0.0523 USD |
| 11 September 2023 | 1 ZAR = 0.0525 USD |
| 18 September 2023 | 1 ZAR = 0.0527 USD |
| 23 September 2023 | 1 ZAR = 0.0533 USD |
| 25 September 2023 | 1 ZAR = 0.0534 USD |
| 26 September 2023 | 1 ZAR = 0.0533 USD |
| 27 September 2023 | 1 ZAR = 0.0525 USD |
| 29 September 2023 | 1 ZAR = 0.0527 USD |
| 30 September 2023 | 1 ZAR = 0.0529 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.