Australian dollar south african rand exchange rate history (AUD ZAR) October 2023

Australian dollar south african rand history for October 2023. The highest quote for this month is 12.542 (07/10/2023) and the lowest 12.32 (09/10/2023). The difference between high and low is 1.77.

AUD ZAR average rate for October 2023 is 12.091, the change between 01/10/2023 and 31/10/2023 is +1.17 %.

01 October 2023	1 AUD = 12.14 ZAR
02 October 2023	1 AUD = 12.15 ZAR
03 October 2023	1 AUD = 12.22 ZAR
04 October 2023	1 AUD = 12.18 ZAR
05 October 2023	1 AUD = 12.23 ZAR
06 October 2023	1 AUD = 12.43 ZAR
07 October 2023	1 AUD = 12.32 ZAR
08 October 2023	1 AUD = 12.32 ZAR
09 October 2023	1 AUD = 12.33 ZAR
10 October 2023	1 AUD = 12.29 ZAR
11 October 2023	1 AUD = 12.22 ZAR
12 October 2023	1 AUD = 12.07 ZAR
13 October 2023	1 AUD = 12.01 ZAR
16 October 2023	1 AUD = 11.98 ZAR
17 October 2023	1 AUD = 11.90 ZAR
18 October 2023	1 AUD = 11.96 ZAR
19 October 2023	1 AUD = 12.01 ZAR
20 October 2023	1 AUD = 12.02 ZAR
21 October 2023	1 AUD = 11.93 ZAR
22 October 2023	1 AUD = 11.99 ZAR
23 October 2023	1 AUD = 11.99 ZAR
24 October 2023	1 AUD = 12.01 ZAR
25 October 2023	1 AUD = 12.09 ZAR
26 October 2023	1 AUD = 12.04 ZAR
27 October 2023	1 AUD = 12.00 ZAR
28 October 2023	1 AUD = 11.95 ZAR
29 October 2023	1 AUD = 11.95 ZAR
30 October 2023	1 AUD = 11.90 ZAR
31 October 2023	1 AUD = 12.00 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.

Historic Australian dollar South African rand