Historic Czech koruna South African rand

Czech koruna south african rand history for December 2023. The highest quote for this month is 0.84213 (11/12/2023) and the lowest 0.84115 (10/12/2023). The difference between high and low is 0.12.

CZK ZAR average rate for December 2023 is 0.83026, the change between 01/12/2023 and 31/12/2023 is +3.09 %.

01 December 20231 CZK = 0.8447 ZAR
02 December 20231 CZK = 0.8366 ZAR
03 December 20231 CZK = 0.8369 ZAR
04 December 20231 CZK = 0.8338 ZAR
05 December 20231 CZK = 0.8351 ZAR
06 December 20231 CZK = 0.8407 ZAR
07 December 20231 CZK = 0.8408 ZAR
08 December 20231 CZK = 0.8364 ZAR
10 December 20231 CZK = 0.8412 ZAR
11 December 20231 CZK = 0.8371 ZAR
12 December 20231 CZK = 0.8422 ZAR
13 December 20231 CZK = 0.8349 ZAR
14 December 20231 CZK = 0.8316 ZAR
15 December 20231 CZK = 0.8258 ZAR
16 December 20231 CZK = 0.8178 ZAR
17 December 20231 CZK = 0.8178 ZAR
18 December 20231 CZK = 0.8144 ZAR
19 December 20231 CZK = 0.8286 ZAR
20 December 20231 CZK = 0.8212 ZAR
21 December 20231 CZK = 0.8163 ZAR
22 December 20231 CZK = 0.8140 ZAR
23 December 20231 CZK = 0.8274 ZAR
24 December 20231 CZK = 0.8270 ZAR
25 December 20231 CZK = 0.8283 ZAR
26 December 20231 CZK = 0.8293 ZAR
27 December 20231 CZK = 0.8403 ZAR
28 December 20231 CZK = 0.8262 ZAR
29 December 20231 CZK = 0.8328 ZAR
31 December 20231 CZK = 0.8186 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.

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

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.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

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.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

01/08/1982: Currency Decimalization

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

14/09/1961: Introduction of the Rand

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