Historic Cambodian Riel South African rand

Cambodian Riel south african rand history for December 2023. The highest quote for this month is 0.004754 (13/12/2023) and the lowest 0.004697 (11/12/2023). The difference between high and low is 1.2.

KHR ZAR average rate for December 2023 is 0.00456, the change between 01/12/2023 and 31/12/2023 is +1.41 %.

01 December 20231 KHR = 0.0047 ZAR
02 December 20231 KHR = 0.0045 ZAR
03 December 20231 KHR = 0.0045 ZAR
04 December 20231 KHR = 0.0046 ZAR
05 December 20231 KHR = 0.0046 ZAR
06 December 20231 KHR = 0.0046 ZAR
07 December 20231 KHR = 0.0047 ZAR
08 December 20231 KHR = 0.0046 ZAR
10 December 20231 KHR = 0.0046 ZAR
11 December 20231 KHR = 0.0047 ZAR
12 December 20231 KHR = 0.0047 ZAR
13 December 20231 KHR = 0.0047 ZAR
14 December 20231 KHR = 0.0045 ZAR
15 December 20231 KHR = 0.0045 ZAR
16 December 20231 KHR = 0.0045 ZAR
17 December 20231 KHR = 0.0045 ZAR
18 December 20231 KHR = 0.0045 ZAR
19 December 20231 KHR = 0.0045 ZAR
20 December 20231 KHR = 0.0045 ZAR
21 December 20231 KHR = 0.0045 ZAR
22 December 20231 KHR = 0.0044 ZAR
23 December 20231 KHR = 0.0045 ZAR
24 December 20231 KHR = 0.0045 ZAR
25 December 20231 KHR = 0.0046 ZAR
26 December 20231 KHR = 0.0046 ZAR
27 December 20231 KHR = 0.0046 ZAR
28 December 20231 KHR = 0.0045 ZAR
29 December 20231 KHR = 0.0046 ZAR

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

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.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

01/08/1982: Currency Decimalization

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

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

14/09/1961: Introduction of the Rand

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

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.