Ukrainian hryvnia south african rand exchange rate history (UAH ZAR) October 2023

Ukrainian hryvnia south african rand history for October 2023. The highest quote for this month is 0.54027 (05/10/2023) and the lowest 0.53205 (09/10/2023). The difference between high and low is 1.52.

UAH ZAR average rate for October 2023 is 0.52383, the change between 01/10/2023 and 31/10/2023 is -1.14 %.

01 October 2023	1 UAH = 0.5160 ZAR
02 October 2023	1 UAH = 0.5140 ZAR
03 October 2023	1 UAH = 0.5268 ZAR
04 October 2023	1 UAH = 0.5305 ZAR
05 October 2023	1 UAH = 0.5318 ZAR
06 October 2023	1 UAH = 0.5384 ZAR
07 October 2023	1 UAH = 0.5276 ZAR
09 October 2023	1 UAH = 0.5347 ZAR
10 October 2023	1 UAH = 0.5281 ZAR
11 October 2023	1 UAH = 0.5247 ZAR
12 October 2023	1 UAH = 0.5195 ZAR
13 October 2023	1 UAH = 0.5257 ZAR
16 October 2023	1 UAH = 0.5256 ZAR
17 October 2023	1 UAH = 0.5201 ZAR
18 October 2023	1 UAH = 0.5194 ZAR
19 October 2023	1 UAH = 0.5222 ZAR
20 October 2023	1 UAH = 0.5234 ZAR
21 October 2023	1 UAH = 0.5163 ZAR
22 October 2023	1 UAH = 0.5191 ZAR
23 October 2023	1 UAH = 0.5243 ZAR
24 October 2023	1 UAH = 0.5225 ZAR
25 October 2023	1 UAH = 0.5239 ZAR
26 October 2023	1 UAH = 0.5277 ZAR
27 October 2023	1 UAH = 0.5230 ZAR
29 October 2023	1 UAH = 0.5158 ZAR
30 October 2023	1 UAH = 0.5206 ZAR
31 October 2023	1 UAH = 0.5219 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.

02/03/2020: COVID-19 impact

The outbreak of the COVID-19 pandemic resulted in economic disruptions, affecting the Ukrainian Hryvnia and causing volatility in the currency markets.

05/02/2015: Currency devaluation

Due to the economic crisis, the Ukrainian Hryvnia experienced a significant devaluation, leading to a sharp increase in prices and financial hardships.

20/02/2014: Ukrainian revolution

The Ukrainian revolution began, leading to political instability and economic challenges, impacting the value and stability of the Ukrainian Hryvnia.

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.

01/07/2008: Exchange rate flexibility

Ukraine implemented a flexible exchange rate system, allowing the Ukrainian Hryvnia to fluctuate based on market forces rather than being pegged to a fixed rate.

01/10/2004: Banknote redesign

New banknotes of the Ukrainian Hryvnia were issued with enhanced security features and updated designs, aimed at combating counterfeiting.

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.

02/09/1996: Currency reform

A currency reform was conducted, introducing new banknotes and coins of the Ukrainian Hryvnia, addressing issues of inflation and stabilization.

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.

02/09/1992: Introduction of the Ukrainian Hryvnia

The Ukrainian Hryvnia (UAH) was introduced as the national currency, replacing the Soviet ruble, marking Ukraine's economic independence.

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.

Historic Ukrainian hryvnia South African rand