Swedish krona south african rand history for December 2023. The highest quote for this month is 1.8647 (28/12/2023) and the lowest 1.8502 (27/12/2023). The difference between high and low is 0.78.
SEK ZAR average rate for December 2023 is 1.81632, the change between 01/12/2023 and 31/12/2023 is -3.38 %.
| 01 December 2023 | 1 SEK = 1.801 ZAR |
| 04 December 2023 | 1 SEK = 1.794 ZAR |
| 05 December 2023 | 1 SEK = 1.803 ZAR |
| 06 December 2023 | 1 SEK = 1.808 ZAR |
| 07 December 2023 | 1 SEK = 1.811 ZAR |
| 08 December 2023 | 1 SEK = 1.811 ZAR |
| 11 December 2023 | 1 SEK = 1.807 ZAR |
| 12 December 2023 | 1 SEK = 1.819 ZAR |
| 13 December 2023 | 1 SEK = 1.815 ZAR |
| 14 December 2023 | 1 SEK = 1.810 ZAR |
| 15 December 2023 | 1 SEK = 1.788 ZAR |
| 18 December 2023 | 1 SEK = 1.782 ZAR |
| 19 December 2023 | 1 SEK = 1.819 ZAR |
| 20 December 2023 | 1 SEK = 1.804 ZAR |
| 21 December 2023 | 1 SEK = 1.797 ZAR |
| 22 December 2023 | 1 SEK = 1.800 ZAR |
| 25 December 2023 | 1 SEK = 1.850 ZAR |
| 26 December 2023 | 1 SEK = 1.847 ZAR |
| 27 December 2023 | 1 SEK = 1.868 ZAR |
| 28 December 2023 | 1 SEK = 1.848 ZAR |
| 29 December 2023 | 1 SEK = 1.862 ZAR |
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.