Historic Bangladeshi Taka South African rand

Bangladeshi Taka south african rand history for November 2023. The highest quote for this month is 0.17434 (30/11/2023) and the lowest 0.1728 (24/11/2023). The difference between high and low is 0.88.

BDT ZAR average rate for November 2023 is 0.17003, the change between 01/11/2023 and 30/11/2023 is -0.56 %.

01 November 20231 BDT = 0.1715 ZAR
02 November 20231 BDT = 0.1700 ZAR
03 November 20231 BDT = 0.1690 ZAR
06 November 20231 BDT = 0.1688 ZAR
07 November 20231 BDT = 0.1684 ZAR
08 November 20231 BDT = 0.1690 ZAR
09 November 20231 BDT = 0.1694 ZAR
10 November 20231 BDT = 0.1718 ZAR
11 November 20231 BDT = 0.1704 ZAR
12 November 20231 BDT = 0.1702 ZAR
13 November 20231 BDT = 0.1731 ZAR
14 November 20231 BDT = 0.1711 ZAR
15 November 20231 BDT = 0.1671 ZAR
16 November 20231 BDT = 0.1665 ZAR
17 November 20231 BDT = 0.1682 ZAR
18 November 20231 BDT = 0.1663 ZAR
19 November 20231 BDT = 0.1663 ZAR
20 November 20231 BDT = 0.1689 ZAR
21 November 20231 BDT = 0.1680 ZAR
22 November 20231 BDT = 0.1706 ZAR
23 November 20231 BDT = 0.1731 ZAR
24 November 20231 BDT = 0.1731 ZAR
26 November 20231 BDT = 0.1711 ZAR
27 November 20231 BDT = 0.1735 ZAR
28 November 20231 BDT = 0.1716 ZAR
29 November 20231 BDT = 0.1711 ZAR
30 November 20231 BDT = 0.1725 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.