Historic Swiss franc South African rand

Swiss franc south african rand history for January 2024. The highest quote for this month is 22.115 (05/01/2024) and the lowest 21.996 (17/01/2024). The difference between high and low is 0.54.

CHF ZAR average rate for January 2024 is 21.85885, the change between 01/01/2024 and 31/01/2024 is -0.27 %.

01 January 20241 CHF = 21.73 ZAR
02 January 20241 CHF = 21.74 ZAR
03 January 20241 CHF = 21.83 ZAR
04 January 20241 CHF = 22.00 ZAR
05 January 20241 CHF = 21.99 ZAR
08 January 20241 CHF = 21.95 ZAR
09 January 20241 CHF = 21.89 ZAR
10 January 20241 CHF = 21.87 ZAR
11 January 20241 CHF = 21.91 ZAR
12 January 20241 CHF = 21.91 ZAR
14 January 20241 CHF = 21.87 ZAR
15 January 20241 CHF = 21.81 ZAR
16 January 20241 CHF = 21.79 ZAR
17 January 20241 CHF = 22.01 ZAR
18 January 20241 CHF = 22.07 ZAR
19 January 20241 CHF = 21.80 ZAR
21 January 20241 CHF = 21.89 ZAR
22 January 20241 CHF = 21.89 ZAR
23 January 20241 CHF = 22.08 ZAR
24 January 20241 CHF = 21.75 ZAR
25 January 20241 CHF = 21.87 ZAR
26 January 20241 CHF = 21.78 ZAR
27 January 20241 CHF = 21.74 ZAR
28 January 20241 CHF = 21.74 ZAR
29 January 20241 CHF = 21.71 ZAR
30 January 20241 CHF = 21.80 ZAR
31 January 20241 CHF = 21.79 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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official 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.

01/08/1982: Currency Decimalization

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

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

14/09/1961: Introduction of the Rand

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

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
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