Bolivian boliviano south african rand exchange rate history (BOB ZAR) August 2023

Bolivian boliviano south african rand history for August 2023. The highest quote for this month is 2.8579 (15/08/2023) and the lowest 2.8236 (15/08/2023). The difference between high and low is 1.2.

BOB ZAR average rate for August 2023 is 2.78156, the change between 01/08/2023 and 31/08/2023 is -5.12 %.

01 August 2023	1 BOB = 2.642 ZAR
02 August 2023	1 BOB = 2.710 ZAR
03 August 2023	1 BOB = 2.737 ZAR
04 August 2023	1 BOB = 2.772 ZAR
07 August 2023	1 BOB = 2.758 ZAR
08 August 2023	1 BOB = 2.781 ZAR
09 August 2023	1 BOB = 2.811 ZAR
10 August 2023	1 BOB = 2.816 ZAR
11 August 2023	1 BOB = 2.797 ZAR
12 August 2023	1 BOB = 2.760 ZAR
14 August 2023	1 BOB = 2.802 ZAR
15 August 2023	1 BOB = 2.832 ZAR
16 August 2023	1 BOB = 2.845 ZAR
17 August 2023	1 BOB = 2.850 ZAR
18 August 2023	1 BOB = 2.831 ZAR
20 August 2023	1 BOB = 2.772 ZAR
21 August 2023	1 BOB = 2.828 ZAR
22 August 2023	1 BOB = 2.818 ZAR
23 August 2023	1 BOB = 2.791 ZAR
24 August 2023	1 BOB = 2.744 ZAR
25 August 2023	1 BOB = 2.794 ZAR
28 August 2023	1 BOB = 2.767 ZAR
29 August 2023	1 BOB = 2.759 ZAR
30 August 2023	1 BOB = 2.744 ZAR
31 August 2023	1 BOB = 2.778 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.

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.

31/12/2004: Return to the boliviano

Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.

31/12/2003: Dollarization crisis

Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.

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.

31/03/1988: Bolivianoization

Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.

28/02/1987: Introduction of the second boliviano

A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.

31/01/1986: Hyperinflation crisis

Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.

01/08/1982: Currency Decimalization

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

31/12/1962: Monetary reform

The boliviano underwent a monetary reform, with new banknotes and coins being issued.

14/09/1961: Introduction of the Rand

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

31/12/1891: Introduction of Bolivian boliviano

The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.

Historic Bolivian boliviano South African rand