Algerian dinar south african rand exchange rate history (DZD ZAR) February 2024

Algerian dinar south african rand history for February 2024. The highest quote for this month is 0.14433 (23/02/2024) and the lowest 0.145 (26/02/2024). The difference between high and low is -0.46.

DZD ZAR average rate for February 2024 is 0.14145, the change between 01/02/2024 and 29/02/2024 is -3.76 %.

01 February 2024	1 DZD = 0.1387 ZAR
02 February 2024	1 DZD = 0.1381 ZAR
03 February 2024	1 DZD = 0.1410 ZAR
04 February 2024	1 DZD = 0.1409 ZAR
05 February 2024	1 DZD = 0.1409 ZAR
06 February 2024	1 DZD = 0.1417 ZAR
07 February 2024	1 DZD = 0.1399 ZAR
08 February 2024	1 DZD = 0.1409 ZAR
09 February 2024	1 DZD = 0.1415 ZAR
12 February 2024	1 DZD = 0.1418 ZAR
13 February 2024	1 DZD = 0.1408 ZAR
14 February 2024	1 DZD = 0.1420 ZAR
15 February 2024	1 DZD = 0.1418 ZAR
16 February 2024	1 DZD = 0.1410 ZAR
17 February 2024	1 DZD = 0.1403 ZAR
18 February 2024	1 DZD = 0.1403 ZAR
19 February 2024	1 DZD = 0.1404 ZAR
20 February 2024	1 DZD = 0.1412 ZAR
21 February 2024	1 DZD = 0.1411 ZAR
22 February 2024	1 DZD = 0.1411 ZAR
23 February 2024	1 DZD = 0.1429 ZAR
24 February 2024	1 DZD = 0.1437 ZAR
25 February 2024	1 DZD = 0.1439 ZAR
26 February 2024	1 DZD = 0.1441 ZAR
27 February 2024	1 DZD = 0.1433 ZAR
28 February 2024	1 DZD = 0.1422 ZAR
29 February 2024	1 DZD = 0.1439 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