Historic Czech koruna South African rand

Czech koruna south african rand history for February 2024. The highest quote for this month is 0.82632 (26/02/2024) and the lowest 0.82493 (25/02/2024). The difference between high and low is 0.17.

CZK ZAR average rate for February 2024 is 0.81275, the change between 01/02/2024 and 29/02/2024 is -1.82 %.

01 February 20241 CZK = 0.8111 ZAR
02 February 20241 CZK = 0.8132 ZAR
03 February 20241 CZK = 0.8177 ZAR
04 February 20241 CZK = 0.8183 ZAR
05 February 20241 CZK = 0.8164 ZAR
06 February 20241 CZK = 0.8215 ZAR
07 February 20241 CZK = 0.8130 ZAR
08 February 20241 CZK = 0.8168 ZAR
09 February 20241 CZK = 0.8104 ZAR
12 February 20241 CZK = 0.8124 ZAR
13 February 20241 CZK = 0.8075 ZAR
14 February 20241 CZK = 0.8070 ZAR
15 February 20241 CZK = 0.8049 ZAR
16 February 20241 CZK = 0.8056 ZAR
17 February 20241 CZK = 0.7980 ZAR
18 February 20241 CZK = 0.7990 ZAR
19 February 20241 CZK = 0.7985 ZAR
20 February 20241 CZK = 0.8019 ZAR
21 February 20241 CZK = 0.8061 ZAR
22 February 20241 CZK = 0.8083 ZAR
23 February 20241 CZK = 0.8181 ZAR
24 February 20241 CZK = 0.8228 ZAR
25 February 20241 CZK = 0.8261 ZAR
26 February 20241 CZK = 0.8245 ZAR
27 February 20241 CZK = 0.8224 ZAR
28 February 20241 CZK = 0.8170 ZAR
29 February 20241 CZK = 0.8258 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.
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