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

Algerian dinar south african rand history for October 2023. The highest quote for this month is 0.14301 (06/10/2023) and the lowest 0.1419 (09/10/2023). The difference between high and low is 0.78.

DZD ZAR average rate for October 2023 is 0.13896, the change between 01/10/2023 and 31/10/2023 is -0.93 %.

01 October 2023	1 DZD = 0.1377 ZAR
02 October 2023	1 DZD = 0.1379 ZAR
03 October 2023	1 DZD = 0.1399 ZAR
04 October 2023	1 DZD = 0.1403 ZAR
05 October 2023	1 DZD = 0.1407 ZAR
06 October 2023	1 DZD = 0.1421 ZAR
07 October 2023	1 DZD = 0.1406 ZAR
09 October 2023	1 DZD = 0.1412 ZAR
10 October 2023	1 DZD = 0.1396 ZAR
11 October 2023	1 DZD = 0.1388 ZAR
12 October 2023	1 DZD = 0.1376 ZAR
13 October 2023	1 DZD = 0.1387 ZAR
16 October 2023	1 DZD = 0.1381 ZAR
17 October 2023	1 DZD = 0.1367 ZAR
18 October 2023	1 DZD = 0.1371 ZAR
19 October 2023	1 DZD = 0.1381 ZAR
20 October 2023	1 DZD = 0.1386 ZAR
21 October 2023	1 DZD = 0.1380 ZAR
22 October 2023	1 DZD = 0.1388 ZAR
23 October 2023	1 DZD = 0.1384 ZAR
24 October 2023	1 DZD = 0.1385 ZAR
25 October 2023	1 DZD = 0.1393 ZAR
26 October 2023	1 DZD = 0.1402 ZAR
27 October 2023	1 DZD = 0.1388 ZAR
28 October 2023	1 DZD = 0.1391 ZAR
29 October 2023	1 DZD = 0.1391 ZAR
30 October 2023	1 DZD = 0.1382 ZAR
31 October 2023	1 DZD = 0.1390 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