Historic Salvadoran Colón South African rand

Salvadoran Colón south african rand history for October 2023. The highest quote for this month is 2.3033 (05/10/2023) and the lowest 2.2664 (09/10/2023). The difference between high and low is 1.6.

SVC ZAR average rate for October 2023 is 2.21894, the change between 01/10/2023 and 31/10/2023 is -2.55 %.

01 October 20231 SVC = 2.157 ZAR
02 October 20231 SVC = 2.210 ZAR
03 October 20231 SVC = 2.253 ZAR
04 October 20231 SVC = 2.264 ZAR
05 October 20231 SVC = 2.269 ZAR
06 October 20231 SVC = 2.296 ZAR
07 October 20231 SVC = 2.205 ZAR
08 October 20231 SVC = 2.205 ZAR
09 October 20231 SVC = 2.281 ZAR
10 October 20231 SVC = 2.246 ZAR
11 October 20231 SVC = 2.228 ZAR
12 October 20231 SVC = 2.206 ZAR
13 October 20231 SVC = 2.230 ZAR
16 October 20231 SVC = 2.225 ZAR
17 October 20231 SVC = 2.202 ZAR
18 October 20231 SVC = 2.208 ZAR
19 October 20231 SVC = 2.226 ZAR
20 October 20231 SVC = 2.230 ZAR
21 October 20231 SVC = 2.158 ZAR
22 October 20231 SVC = 2.170 ZAR
23 October 20231 SVC = 2.230 ZAR
24 October 20231 SVC = 2.224 ZAR
25 October 20231 SVC = 2.230 ZAR
26 October 20231 SVC = 2.244 ZAR
27 October 20231 SVC = 2.221 ZAR
28 October 20231 SVC = 2.156 ZAR
29 October 20231 SVC = 2.156 ZAR
30 October 20231 SVC = 2.207 ZAR
31 October 20231 SVC = 2.212 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.