Historic Dominican Peso South African rand

Dominican Peso south african rand history for January 2024. The highest quote for this month is 0.33085 (17/01/2024) and the lowest 0.32771 (22/01/2024). The difference between high and low is 0.95.

DOP ZAR average rate for January 2024 is 0.3218, the change between 01/01/2024 and 31/01/2024 is -0.48 %.

01 January 20241 DOP = 0.3184 ZAR
02 January 20241 DOP = 0.3186 ZAR
03 January 20241 DOP = 0.3215 ZAR
04 January 20241 DOP = 0.3235 ZAR
05 January 20241 DOP = 0.3205 ZAR
06 January 20241 DOP = 0.3203 ZAR
07 January 20241 DOP = 0.3203 ZAR
08 January 20241 DOP = 0.3254 ZAR
09 January 20241 DOP = 0.3179 ZAR
10 January 20241 DOP = 0.3222 ZAR
11 January 20241 DOP = 0.3193 ZAR
12 January 20241 DOP = 0.3195 ZAR
14 January 20241 DOP = 0.3181 ZAR
15 January 20241 DOP = 0.3219 ZAR
16 January 20241 DOP = 0.3225 ZAR
17 January 20241 DOP = 0.3270 ZAR
18 January 20241 DOP = 0.3256 ZAR
19 January 20241 DOP = 0.3234 ZAR
22 January 20241 DOP = 0.3278 ZAR
23 January 20241 DOP = 0.3270 ZAR
24 January 20241 DOP = 0.3233 ZAR
25 January 20241 DOP = 0.3224 ZAR
26 January 20241 DOP = 0.3214 ZAR
28 January 20241 DOP = 0.3196 ZAR
29 January 20241 DOP = 0.3223 ZAR
30 January 20241 DOP = 0.3188 ZAR
31 January 20241 DOP = 0.3199 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.

01/10/2018: Redesign and Modernization of Banknotes

The Central Bank of the Dominican Republic unveils a redesigned series of banknotes with enhanced security features and modernized aesthetics.

01/12/2011: New Security Features

To combat counterfeiting, the Central Bank of the Dominican Republic introduces new security features on the Peso Dominicano banknotes.

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.

01/03/2004: Transition to the Peso Dominicano

The Dominican Republic transitions from the Peso Oro to the Peso Dominicano, a new currency with a different exchange rate, to improve monetary 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.

14/09/1961: Introduction of the Rand

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

11/10/1947: Introduction of the Peso Oro

The Peso Oro is introduced as a new currency in the Dominican Republic, replacing the previous Peso. It is pegged to the US dollar at a fixed exchange rate.

09/01/1905: The Monetary Law of 1905

The Dominican government enacts the Monetary Law of 1905, which establishes the gold standard for the Peso, linking its value to the US dollar.

17/03/1877: Introduction of Paper Money

The first paper money denominated in the Dominican Peso is introduced, replacing the previously used gold and silver coins.

27/02/1844: Dominican Independence

After gaining independence from Haiti, the Dominican Republic introduces its own currency, the Peso, as a symbol of its sovereignty.