Historic Bangladeshi Taka South African rand

Bangladeshi Taka south african rand history for December 2023. The highest quote for this month is 0.1764 (11/12/2023) and the lowest 0.17436 (11/12/2023). The difference between high and low is 1.16.

BDT ZAR average rate for December 2023 is 0.17108, the change between 01/12/2023 and 31/12/2023 is +1.5 %.

01 December 20231 BDT = 0.1735 ZAR
02 December 20231 BDT = 0.1694 ZAR
03 December 20231 BDT = 0.1694 ZAR
04 December 20231 BDT = 0.1711 ZAR
05 December 20231 BDT = 0.1734 ZAR
06 December 20231 BDT = 0.1749 ZAR
07 December 20231 BDT = 0.1749 ZAR
08 December 20231 BDT = 0.1735 ZAR
10 December 20231 BDT = 0.1729 ZAR
11 December 20231 BDT = 0.1742 ZAR
12 December 20231 BDT = 0.1759 ZAR
13 December 20231 BDT = 0.1747 ZAR
14 December 20231 BDT = 0.1722 ZAR
15 December 20231 BDT = 0.1691 ZAR
16 December 20231 BDT = 0.1672 ZAR
17 December 20231 BDT = 0.1672 ZAR
18 December 20231 BDT = 0.1679 ZAR
19 December 20231 BDT = 0.1719 ZAR
20 December 20231 BDT = 0.1697 ZAR
21 December 20231 BDT = 0.1688 ZAR
22 December 20231 BDT = 0.1680 ZAR
23 December 20231 BDT = 0.1684 ZAR
24 December 20231 BDT = 0.1685 ZAR
25 December 20231 BDT = 0.1706 ZAR
26 December 20231 BDT = 0.1704 ZAR
27 December 20231 BDT = 0.1722 ZAR
28 December 20231 BDT = 0.1697 ZAR
29 December 20231 BDT = 0.1708 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.