Historic Bahamian dollar South African rand

Bahamian dollar south african rand history for February 2024. The highest quote for this month is 19.462 (26/02/2024) and the lowest 19.374 (26/02/2024). The difference between high and low is 0.45.

BSD ZAR average rate for February 2024 is 19.06752, the change between 01/02/2024 and 29/02/2024 is -3.46 %.

01 February 20241 BSD = 18.77 ZAR
02 February 20241 BSD = 18.69 ZAR
03 February 20241 BSD = 18.90 ZAR
04 February 20241 BSD = 18.88 ZAR
05 February 20241 BSD = 18.83 ZAR
06 February 20241 BSD = 19.15 ZAR
07 February 20241 BSD = 18.93 ZAR
08 February 20241 BSD = 19.02 ZAR
09 February 20241 BSD = 19.08 ZAR
12 February 20241 BSD = 19.12 ZAR
13 February 20241 BSD = 19.03 ZAR
14 February 20241 BSD = 19.20 ZAR
15 February 20241 BSD = 19.15 ZAR
16 February 20241 BSD = 19.07 ZAR
17 February 20241 BSD = 18.84 ZAR
18 February 20241 BSD = 18.84 ZAR
19 February 20241 BSD = 18.95 ZAR
20 February 20241 BSD = 19.07 ZAR
21 February 20241 BSD = 19.03 ZAR
22 February 20241 BSD = 19.02 ZAR
23 February 20241 BSD = 19.27 ZAR
24 February 20241 BSD = 19.28 ZAR
25 February 20241 BSD = 19.31 ZAR
26 February 20241 BSD = 19.45 ZAR
27 February 20241 BSD = 19.34 ZAR
28 February 20241 BSD = 19.20 ZAR
29 February 20241 BSD = 19.42 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.

29/12/2014: Introduction of new Bahamian dollar variants

New variants of the Bahamian dollar banknotes, featuring improved security features, were introduced to combat counterfeit money.

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.

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.

01/08/1982: Currency Decimalization

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

27/12/1974: Devaluation of the Bahamian dollar

The Bahamian dollar was devalued by 50% to stimulate the country's tourism industry and boost its economy.

10/07/1973: Independence from British rule

The Bahamas gained independence from British rule, maintaining the Bahamian dollar as its currency.

09/09/1969: Currency Board Agreement

The Bahamas entered into a Currency Board Agreement with the Eastern Caribbean Currency Authority, establishing fixed exchange rates for their currencies.

01/01/1966: Introduction of the Bahamian dollar

The Bahamian dollar was introduced, replacing the British pound as the official currency of the Bahamas.

14/09/1961: Introduction of the Rand

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

06/08/1866: Adoption of the British pound

The Bahamas officially adopted the British pound sterling as their currency, replacing the Bahamian pound.

06/06/1853: Introduction of the Bahamian pound

The Bahamian pound was introduced as the official currency of the Bahamas, replacing the Spanish dollar.
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