Aruban florin south african rand exchange rate history (AWG ZAR) October 2023

Aruban florin south african rand history for October 2023. The highest quote for this month is 10.972 (07/10/2023) and the lowest 10.812 (07/10/2023). The difference between high and low is 1.46.

AWG ZAR average rate for October 2023 is 10.62944, the change between 01/10/2023 and 31/10/2023 is +0.88 %.

01 October 2023	1 AWG = 10.60 ZAR
02 October 2023	1 AWG = 10.53 ZAR
03 October 2023	1 AWG = 10.73 ZAR
04 October 2023	1 AWG = 10.77 ZAR
05 October 2023	1 AWG = 10.79 ZAR
06 October 2023	1 AWG = 10.90 ZAR
07 October 2023	1 AWG = 10.84 ZAR
09 October 2023	1 AWG = 10.80 ZAR
10 October 2023	1 AWG = 10.68 ZAR
11 October 2023	1 AWG = 10.62 ZAR
12 October 2023	1 AWG = 10.49 ZAR
13 October 2023	1 AWG = 10.61 ZAR
16 October 2023	1 AWG = 10.60 ZAR
17 October 2023	1 AWG = 10.47 ZAR
18 October 2023	1 AWG = 10.49 ZAR
19 October 2023	1 AWG = 10.60 ZAR
20 October 2023	1 AWG = 10.60 ZAR
21 October 2023	1 AWG = 10.61 ZAR
22 October 2023	1 AWG = 10.67 ZAR
23 October 2023	1 AWG = 10.60 ZAR
24 October 2023	1 AWG = 10.57 ZAR
25 October 2023	1 AWG = 10.62 ZAR
26 October 2023	1 AWG = 10.67 ZAR
27 October 2023	1 AWG = 10.58 ZAR
29 October 2023	1 AWG = 10.60 ZAR
30 October 2023	1 AWG = 10.47 ZAR
31 October 2023	1 AWG = 10.51 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.

01/03/2018: Redenomination of the Aruban florin

Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.

01/01/2011: Introduction of polymer banknotes

Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its 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.

01/01/2003: Replacement of older banknotes

Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.

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.

01/01/2000: Adoption of new currency symbol

The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.

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.

01/01/1993: Currency reform

A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.

01/01/1990: Introduction of the guilders coins

Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.

01/01/1986: Introduction of the Aruban florin

The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.

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 Aruban florin South African rand