Historic Cayman Islands dollar South African rand

Cayman Islands dollar south african rand history for January 2024. The highest quote for this month is 23.568 (22/01/2024) and the lowest 23.335 (22/01/2024). The difference between high and low is 0.99.

KYD ZAR average rate for January 2024 is 22.96768, the change between 01/01/2024 and 31/01/2024 is -3.05 %.

01 January 20241 KYD = 22.37 ZAR
02 January 20241 KYD = 22.38 ZAR
03 January 20241 KYD = 22.76 ZAR
04 January 20241 KYD = 22.93 ZAR
05 January 20241 KYD = 22.93 ZAR
06 January 20241 KYD = 22.78 ZAR
07 January 20241 KYD = 22.78 ZAR
08 January 20241 KYD = 22.97 ZAR
09 January 20241 KYD = 22.79 ZAR
10 January 20241 KYD = 22.88 ZAR
11 January 20241 KYD = 22.86 ZAR
12 January 20241 KYD = 22.87 ZAR
13 January 20241 KYD = 22.69 ZAR
14 January 20241 KYD = 22.69 ZAR
15 January 20241 KYD = 22.86 ZAR
16 January 20241 KYD = 22.90 ZAR
17 January 20241 KYD = 23.23 ZAR
18 January 20241 KYD = 23.41 ZAR
19 January 20241 KYD = 23.22 ZAR
20 January 20241 KYD = 23.18 ZAR
21 January 20241 KYD = 23.18 ZAR
22 January 20241 KYD = 23.34 ZAR
23 January 20241 KYD = 23.56 ZAR
24 January 20241 KYD = 23.22 ZAR
25 January 20241 KYD = 23.17 ZAR
26 January 20241 KYD = 23.16 ZAR
27 January 20241 KYD = 22.90 ZAR
28 January 20241 KYD = 22.90 ZAR
29 January 20241 KYD = 23.00 ZAR
30 January 20241 KYD = 23.06 ZAR
31 January 20241 KYD = 23.05 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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

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.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

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.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

14/09/1961: Introduction of the Rand

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