Belize dollar south african rand exchange rate history (BZD ZAR) October 2023

Belize dollar south african rand history for October 2023. The highest quote for this month is 9.973 (05/10/2023) and the lowest 9.813 (09/10/2023). The difference between high and low is 1.6.

BZD ZAR average rate for October 2023 is 9.6403, the change between 01/10/2023 and 31/10/2023 is -1.38 %.

01 October 2023	1 BZD = 9.45 ZAR
02 October 2023	1 BZD = 9.57 ZAR
03 October 2023	1 BZD = 9.76 ZAR
04 October 2023	1 BZD = 9.80 ZAR
05 October 2023	1 BZD = 9.83 ZAR
06 October 2023	1 BZD = 9.94 ZAR
07 October 2023	1 BZD = 9.66 ZAR
09 October 2023	1 BZD = 9.88 ZAR
10 October 2023	1 BZD = 9.73 ZAR
11 October 2023	1 BZD = 9.65 ZAR
12 October 2023	1 BZD = 9.55 ZAR
13 October 2023	1 BZD = 9.66 ZAR
16 October 2023	1 BZD = 9.64 ZAR
17 October 2023	1 BZD = 9.54 ZAR
18 October 2023	1 BZD = 9.56 ZAR
19 October 2023	1 BZD = 9.64 ZAR
20 October 2023	1 BZD = 9.66 ZAR
21 October 2023	1 BZD = 9.45 ZAR
22 October 2023	1 BZD = 9.50 ZAR
23 October 2023	1 BZD = 9.66 ZAR
24 October 2023	1 BZD = 9.63 ZAR
25 October 2023	1 BZD = 9.66 ZAR
26 October 2023	1 BZD = 9.72 ZAR
27 October 2023	1 BZD = 9.62 ZAR
29 October 2023	1 BZD = 9.44 ZAR
30 October 2023	1 BZD = 9.56 ZAR
31 October 2023	1 BZD = 9.58 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.

01/05/2017: Introduction of a two-dollar coin

Belize introduced a new denomination in the form of a two-dollar coin, reducing the dependency on smaller denomination banknotes.

26/09/2011: Launching of new designs

The Central Bank of Belize introduced a new series of banknotes with updated designs, depicting prominent national landmarks and personalities.

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.

24/06/2001: Introduction of polymer banknotes

Belize became one of the first countries in the region to introduce polymer banknotes, enhancing durability and security.

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.

01/04/1990: Establishment of the Central Bank of Belize

The Central Bank of Belize was established to oversee monetary policies and ensure financial stability in the country.

01/12/1982: Conversion to decimal currency

Belize adopted a decimal currency system with the introduction of a new series of banknotes and coins.

01/08/1982: Currency Decimalization

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

01/07/1978: Independence of Belize

Belize gained independence from the United Kingdom, solidifying the Belize dollar as the national currency.

01/11/1976: Introduction of the Belize dollar

The Belize dollar was introduced as the official currency of Belize to replace the British Honduran dollar.

14/09/1961: Introduction of the Rand

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

Historic Belize dollar South African rand