Bahamian dollar south african rand exchange rate history (BSD ZAR) October 2023

Bahamian dollar south african rand history for October 2023. The highest quote for this month is 19.762 (06/10/2023) and the lowest 19.445 (09/10/2023). The difference between high and low is 1.6.

BSD ZAR average rate for October 2023 is 19.12114, the change between 01/10/2023 and 31/10/2023 is -0.55 %.

01 October 2023	1 BSD = 18.87 ZAR
02 October 2023	1 BSD = 18.96 ZAR
03 October 2023	1 BSD = 19.33 ZAR
04 October 2023	1 BSD = 19.42 ZAR
05 October 2023	1 BSD = 19.47 ZAR
06 October 2023	1 BSD = 19.69 ZAR
07 October 2023	1 BSD = 19.30 ZAR
09 October 2023	1 BSD = 19.57 ZAR
10 October 2023	1 BSD = 19.27 ZAR
11 October 2023	1 BSD = 19.12 ZAR
12 October 2023	1 BSD = 18.93 ZAR
13 October 2023	1 BSD = 19.14 ZAR
16 October 2023	1 BSD = 19.09 ZAR
17 October 2023	1 BSD = 18.89 ZAR
18 October 2023	1 BSD = 18.94 ZAR
19 October 2023	1 BSD = 19.10 ZAR
20 October 2023	1 BSD = 19.14 ZAR
21 October 2023	1 BSD = 18.88 ZAR
22 October 2023	1 BSD = 18.98 ZAR
23 October 2023	1 BSD = 19.13 ZAR
24 October 2023	1 BSD = 19.09 ZAR
25 October 2023	1 BSD = 19.14 ZAR
26 October 2023	1 BSD = 19.26 ZAR
27 October 2023	1 BSD = 19.06 ZAR
28 October 2023	1 BSD = 18.86 ZAR
29 October 2023	1 BSD = 18.86 ZAR
30 October 2023	1 BSD = 18.93 ZAR
31 October 2023	1 BSD = 18.97 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.

Historic Bahamian dollar South African rand