Historic Dominican Peso South African rand

Dominican Peso south african rand history for November 2023. The highest quote for this month is 0.33623 (22/11/2023) and the lowest 0.33418 (24/11/2023). The difference between high and low is 0.61.

DOP ZAR average rate for November 2023 is 0.32818, the change between 01/11/2023 and 30/11/2023 is -0.62 %.

01 November 20231 DOP = 0.3289 ZAR
02 November 20231 DOP = 0.3259 ZAR
03 November 20231 DOP = 0.3288 ZAR
06 November 20231 DOP = 0.3287 ZAR
07 November 20231 DOP = 0.3232 ZAR
08 November 20231 DOP = 0.3238 ZAR
09 November 20231 DOP = 0.3271 ZAR
10 November 20231 DOP = 0.3295 ZAR
12 November 20231 DOP = 0.3302 ZAR
13 November 20231 DOP = 0.3349 ZAR
14 November 20231 DOP = 0.3299 ZAR
15 November 20231 DOP = 0.3225 ZAR
16 November 20231 DOP = 0.3212 ZAR
17 November 20231 DOP = 0.3244 ZAR
18 November 20231 DOP = 0.3236 ZAR
19 November 20231 DOP = 0.3236 ZAR
20 November 20231 DOP = 0.3287 ZAR
21 November 20231 DOP = 0.3229 ZAR
22 November 20231 DOP = 0.3282 ZAR
23 November 20231 DOP = 0.3365 ZAR
24 November 20231 DOP = 0.3347 ZAR
26 November 20231 DOP = 0.3317 ZAR
27 November 20231 DOP = 0.3356 ZAR
28 November 20231 DOP = 0.3293 ZAR
29 November 20231 DOP = 0.3281 ZAR
30 November 20231 DOP = 0.3309 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.