Historic Australian dollar South African rand

Australian dollar south african rand history for February 2024. The highest quote for this month is 12.697 (23/02/2024) and the lowest 12.664 (25/02/2024). The difference between high and low is 0.26.

AUD ZAR average rate for February 2024 is 12.39193, the change between 01/02/2024 and 29/02/2024 is -2.38 %.

01 February 20241 AUD = 12.21 ZAR
02 February 20241 AUD = 12.21 ZAR
03 February 20241 AUD = 12.31 ZAR
04 February 20241 AUD = 12.31 ZAR
05 February 20241 AUD = 12.28 ZAR
06 February 20241 AUD = 12.34 ZAR
07 February 20241 AUD = 12.29 ZAR
08 February 20241 AUD = 12.33 ZAR
09 February 20241 AUD = 12.32 ZAR
10 February 20241 AUD = 12.41 ZAR
11 February 20241 AUD = 12.42 ZAR
12 February 20241 AUD = 12.38 ZAR
13 February 20241 AUD = 12.34 ZAR
14 February 20241 AUD = 12.31 ZAR
15 February 20241 AUD = 12.37 ZAR
16 February 20241 AUD = 12.36 ZAR
17 February 20241 AUD = 12.31 ZAR
18 February 20241 AUD = 12.31 ZAR
19 February 20241 AUD = 12.31 ZAR
20 February 20241 AUD = 12.37 ZAR
21 February 20241 AUD = 12.39 ZAR
22 February 20241 AUD = 12.38 ZAR
23 February 20241 AUD = 12.56 ZAR
24 February 20241 AUD = 12.65 ZAR
25 February 20241 AUD = 12.67 ZAR
26 February 20241 AUD = 12.68 ZAR
27 February 20241 AUD = 12.56 ZAR
28 February 20241 AUD = 12.48 ZAR
29 February 20241 AUD = 12.50 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.

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

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.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

14/09/1961: Introduction of the Rand

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