Historic Salvadoran Colón South African rand

Salvadoran Colón south african rand history for January 2024. The highest quote for this month is 2.2517 (22/01/2024) and the lowest 2.2294 (22/01/2024). The difference between high and low is 0.99.

SVC ZAR average rate for January 2024 is 2.18365, the change between 01/01/2024 and 31/01/2024 is -3.05 %.

01 January 20241 SVC = 2.137 ZAR
02 January 20241 SVC = 2.139 ZAR
03 January 20241 SVC = 2.174 ZAR
04 January 20241 SVC = 2.191 ZAR
05 January 20241 SVC = 2.191 ZAR
06 January 20241 SVC = 2.134 ZAR
07 January 20241 SVC = 2.134 ZAR
08 January 20241 SVC = 2.195 ZAR
09 January 20241 SVC = 2.177 ZAR
10 January 20241 SVC = 2.186 ZAR
11 January 20241 SVC = 2.184 ZAR
12 January 20241 SVC = 2.185 ZAR
13 January 20241 SVC = 2.126 ZAR
14 January 20241 SVC = 2.126 ZAR
15 January 20241 SVC = 2.184 ZAR
16 January 20241 SVC = 2.188 ZAR
17 January 20241 SVC = 2.220 ZAR
18 January 20241 SVC = 2.237 ZAR
19 January 20241 SVC = 2.218 ZAR
20 January 20241 SVC = 2.172 ZAR
21 January 20241 SVC = 2.173 ZAR
22 January 20241 SVC = 2.230 ZAR
23 January 20241 SVC = 2.251 ZAR
24 January 20241 SVC = 2.219 ZAR
25 January 20241 SVC = 2.214 ZAR
26 January 20241 SVC = 2.213 ZAR
27 January 20241 SVC = 2.146 ZAR
28 January 20241 SVC = 2.146 ZAR
29 January 20241 SVC = 2.197 ZAR
30 January 20241 SVC = 2.203 ZAR
31 January 20241 SVC = 2.202 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.

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.

09/11/2001: 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.