Bangladeshi Taka south african rand exchange rate history (BDT ZAR) August 2023

Bangladeshi Taka south african rand history for August 2023. The highest quote for this month is 0.17833 (15/08/2023) and the lowest 0.17621 (16/08/2023). The difference between high and low is 1.19.

BDT ZAR average rate for August 2023 is 0.17381, the change between 01/08/2023 and 31/08/2023 is -3.99 %.

01 August 2023	1 BDT = 0.1670 ZAR
02 August 2023	1 BDT = 0.1706 ZAR
03 August 2023	1 BDT = 0.1708 ZAR
04 August 2023	1 BDT = 0.1737 ZAR
05 August 2023	1 BDT = 0.1705 ZAR
07 August 2023	1 BDT = 0.1729 ZAR
08 August 2023	1 BDT = 0.1736 ZAR
09 August 2023	1 BDT = 0.1754 ZAR
10 August 2023	1 BDT = 0.1758 ZAR
11 August 2023	1 BDT = 0.1746 ZAR
12 August 2023	1 BDT = 0.1744 ZAR
14 August 2023	1 BDT = 0.1749 ZAR
15 August 2023	1 BDT = 0.1767 ZAR
16 August 2023	1 BDT = 0.1775 ZAR
17 August 2023	1 BDT = 0.1778 ZAR
18 August 2023	1 BDT = 0.1767 ZAR
20 August 2023	1 BDT = 0.1736 ZAR
21 August 2023	1 BDT = 0.1764 ZAR
22 August 2023	1 BDT = 0.1758 ZAR
23 August 2023	1 BDT = 0.1745 ZAR
24 August 2023	1 BDT = 0.1712 ZAR
25 August 2023	1 BDT = 0.1747 ZAR
28 August 2023	1 BDT = 0.1730 ZAR
29 August 2023	1 BDT = 0.1724 ZAR
30 August 2023	1 BDT = 0.1712 ZAR
31 August 2023	1 BDT = 0.1736 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.

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

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.

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.

14/09/1961: Introduction of the Rand

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

Historic Bangladeshi Taka South African rand