Algerian dinar south african rand exchange rate history (DZD ZAR) August 2023

Algerian dinar south african rand history for August 2023. The highest quote for this month is 0.14226 (15/08/2023) and the lowest 0.14151 (16/08/2023). The difference between high and low is 0.53.

DZD ZAR average rate for August 2023 is 0.13821, the change between 01/08/2023 and 31/08/2023 is -4.3 %.

01 August 2023	1 DZD = 0.1322 ZAR
02 August 2023	1 DZD = 0.1349 ZAR
03 August 2023	1 DZD = 0.1363 ZAR
04 August 2023	1 DZD = 0.1376 ZAR
07 August 2023	1 DZD = 0.1365 ZAR
08 August 2023	1 DZD = 0.1382 ZAR
09 August 2023	1 DZD = 0.1396 ZAR
10 August 2023	1 DZD = 0.1400 ZAR
11 August 2023	1 DZD = 0.1392 ZAR
12 August 2023	1 DZD = 0.1400 ZAR
14 August 2023	1 DZD = 0.1397 ZAR
15 August 2023	1 DZD = 0.1408 ZAR
16 August 2023	1 DZD = 0.1414 ZAR
17 August 2023	1 DZD = 0.1415 ZAR
18 August 2023	1 DZD = 0.1406 ZAR
20 August 2023	1 DZD = 0.1400 ZAR
21 August 2023	1 DZD = 0.1396 ZAR
22 August 2023	1 DZD = 0.1394 ZAR
23 August 2023	1 DZD = 0.1380 ZAR
24 August 2023	1 DZD = 0.1357 ZAR
25 August 2023	1 DZD = 0.1380 ZAR
28 August 2023	1 DZD = 0.1365 ZAR
29 August 2023	1 DZD = 0.1362 ZAR
30 August 2023	1 DZD = 0.1353 ZAR
31 August 2023	1 DZD = 0.1378 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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

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.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

14/09/1961: Introduction of the Rand

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

Historic Algerian dinar South African rand