Historic Ethereum South African rand

Ethereum south african rand history for February 2024. The highest quote for this month is 0.008185 (04/02/2024) and the lowest 0.008308 (05/02/2024). The difference between high and low is -1.5.

ETH ZAR average rate for February 2024 is 0.00701, the change between 01/02/2024 and 29/02/2024 is +28.69 %.

01 February 20241 ETH = 0.0081 ZAR
02 February 20241 ETH = 0.0080 ZAR
03 February 20241 ETH = 0.0082 ZAR
04 February 20241 ETH = 0.0082 ZAR
05 February 20241 ETH = 0.0082 ZAR
06 February 20241 ETH = 0.0080 ZAR
07 February 20241 ETH = 0.0078 ZAR
08 February 20241 ETH = 0.0078 ZAR
09 February 20241 ETH = 0.0076 ZAR
10 February 20241 ETH = 0.0076 ZAR
11 February 20241 ETH = 0.0076 ZAR
12 February 20241 ETH = 0.0071 ZAR
13 February 20241 ETH = 0.0072 ZAR
14 February 20241 ETH = 0.0069 ZAR
15 February 20241 ETH = 0.0067 ZAR
16 February 20241 ETH = 0.0068 ZAR
17 February 20241 ETH = 0.0068 ZAR
18 February 20241 ETH = 0.0065 ZAR
19 February 20241 ETH = 0.0064 ZAR
20 February 20241 ETH = 0.0063 ZAR
21 February 20241 ETH = 0.0064 ZAR
22 February 20241 ETH = 0.0064 ZAR
23 February 20241 ETH = 0.0066 ZAR
24 February 20241 ETH = 0.0064 ZAR
25 February 20241 ETH = 0.0062 ZAR
26 February 20241 ETH = 0.0061 ZAR
27 February 20241 ETH = 0.0059 ZAR
28 February 20241 ETH = 0.0056 ZAR
29 February 20241 ETH = 0.0058 ZAR

28/07/2020: Ethereum 2.0 Testnet Launch

The Beacon Chain, the first phase of Ethereum 2.0, goes live on a public testnet, marking a significant step towards the transition to a proof-of-stake consensus mechanism.

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.

20/07/2017: Ethereum Hard Forks: Byzantium

The Ethereum network undergoes a hard fork upgrade named Byzantium, implementing various improvements to enhance scalability, privacy, and security.

17/06/2016: The DAO Hack

The Decentralized Autonomous Organization (DAO), built on the Ethereum platform, suffers a major security breach, resulting in the theft of approximately 3.6 million ETH tokens.

30/07/2015: Ethereum Mainnet Launched

The Ethereum mainnet is released, enabling developers around the world to build and deploy decentralized applications on the Ethereum blockchain.

30/07/2013: Ethereum Whitepaper Published

Vitalik Buterin publishes the Ethereum whitepaper, outlining a new blockchain platform designed to support decentralized applications and smart contracts.

03/01/2009: Bitcoin Genesis Block Created

The first block of the Bitcoin blockchain, known as the Genesis Block, is mined by Satoshi Nakamoto, marking the birth of the Bitcoin network.

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.

31/10/2008: Bitcoin Whitepaper Published

Satoshi Nakamoto releases a whitepaper titled 'Bitcoin: A Peer-to-Peer Electronic Cash System,' introducing the concept of a decentralized digital currency.

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.