Chilean Peso south african rand exchange rate history (CLP ZAR) January 2024

Chilean Peso south african rand history for January 2024. The highest quote for this month is 0.021263 (03/01/2024) and the lowest 0.021274 (03/01/2024). The difference between high and low is -0.05.

CLP ZAR average rate for January 2024 is 0.02074, the change between 01/01/2024 and 31/01/2024 is +3.86 %.

01 January 2024	1 CLP = 0.0210 ZAR
02 January 2024	1 CLP = 0.0210 ZAR
03 January 2024	1 CLP = 0.0210 ZAR
04 January 2024	1 CLP = 0.0212 ZAR
05 January 2024	1 CLP = 0.0211 ZAR
08 January 2024	1 CLP = 0.0213 ZAR
09 January 2024	1 CLP = 0.0205 ZAR
10 January 2024	1 CLP = 0.0203 ZAR
11 January 2024	1 CLP = 0.0203 ZAR
12 January 2024	1 CLP = 0.0204 ZAR
15 January 2024	1 CLP = 0.0208 ZAR
16 January 2024	1 CLP = 0.0205 ZAR
17 January 2024	1 CLP = 0.0206 ZAR
18 January 2024	1 CLP = 0.0207 ZAR
19 January 2024	1 CLP = 0.0206 ZAR
22 January 2024	1 CLP = 0.0212 ZAR
23 January 2024	1 CLP = 0.0211 ZAR
24 January 2024	1 CLP = 0.0207 ZAR
25 January 2024	1 CLP = 0.0207 ZAR
26 January 2024	1 CLP = 0.0208 ZAR
29 January 2024	1 CLP = 0.0210 ZAR
30 January 2024	1 CLP = 0.0202 ZAR
31 January 2024	1 CLP = 0.0201 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.

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

14/09/1961: Introduction of the Rand

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

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.

Historic Chilean Peso South African rand