Historic Czech koruna South African rand

Czech koruna south african rand history for January 2024. The highest quote for this month is 0.84352 (22/01/2024) and the lowest 0.83801 (22/01/2024). The difference between high and low is 0.65.

CZK ZAR average rate for January 2024 is 0.82881, the change between 01/01/2024 and 31/01/2024 is -0.54 %.

01 January 20241 CZK = 0.8181 ZAR
02 January 20241 CZK = 0.8189 ZAR
03 January 20241 CZK = 0.8240 ZAR
04 January 20241 CZK = 0.8281 ZAR
05 January 20241 CZK = 0.8299 ZAR
06 January 20241 CZK = 0.8300 ZAR
07 January 20241 CZK = 0.8300 ZAR
08 January 20241 CZK = 0.8328 ZAR
09 January 20241 CZK = 0.8296 ZAR
10 January 20241 CZK = 0.8296 ZAR
11 January 20241 CZK = 0.8330 ZAR
12 January 20241 CZK = 0.8303 ZAR
14 January 20241 CZK = 0.8280 ZAR
15 January 20241 CZK = 0.8266 ZAR
16 January 20241 CZK = 0.8274 ZAR
17 January 20241 CZK = 0.8351 ZAR
18 January 20241 CZK = 0.8401 ZAR
19 January 20241 CZK = 0.8312 ZAR
21 January 20241 CZK = 0.8369 ZAR
22 January 20241 CZK = 0.8358 ZAR
23 January 20241 CZK = 0.8432 ZAR
24 January 20241 CZK = 0.8260 ZAR
25 January 20241 CZK = 0.8285 ZAR
26 January 20241 CZK = 0.8281 ZAR
27 January 20241 CZK = 0.8250 ZAR
28 January 20241 CZK = 0.8243 ZAR
29 January 20241 CZK = 0.8223 ZAR
30 January 20241 CZK = 0.8202 ZAR
31 January 20241 CZK = 0.8225 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.