Historic Euro South African rand

Euro south african rand history for December 2019. The highest quote for this month is 16.445 (10/12/2019) and the lowest 16.312 (11/12/2019). The difference between high and low is 0.81.

EUR ZAR average rate for December 2019 is 16.00809, the change between 01/12/2019 and 31/12/2019 is +2.16 %.

02 December 20191 EUR = 16.14 ZAR
03 December 20191 EUR = 16.12 ZAR
04 December 20191 EUR = 16.22 ZAR
05 December 20191 EUR = 16.16 ZAR
06 December 20191 EUR = 16.24 ZAR
09 December 20191 EUR = 16.16 ZAR
10 December 20191 EUR = 16.23 ZAR
11 December 20191 EUR = 16.39 ZAR
12 December 20191 EUR = 16.34 ZAR
13 December 20191 EUR = 16.12 ZAR
16 December 20191 EUR = 16.16 ZAR
17 December 20191 EUR = 16.01 ZAR
18 December 20191 EUR = 16.04 ZAR
19 December 20191 EUR = 15.89 ZAR
20 December 20191 EUR = 15.81 ZAR
23 December 20191 EUR = 15.80 ZAR
24 December 20191 EUR = 15.75 ZAR
25 December 20191 EUR = 15.69 ZAR
26 December 20191 EUR = 15.70 ZAR
27 December 20191 EUR = 15.69 ZAR
30 December 20191 EUR = 15.71 ZAR
31 December 20191 EUR = 15.79 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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

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.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

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.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

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.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.