Historic Euro South African rand

Euro south african rand history for February 2024. The highest quote for this month is 20.956 (23/02/2024) and the lowest 20.899 (26/02/2024). The difference between high and low is 0.27.

EUR ZAR average rate for February 2024 is 20.48458, the change between 01/02/2024 and 29/02/2024 is -3.77 %.

01 February 20241 EUR = 20.11 ZAR
02 February 20241 EUR = 20.19 ZAR
05 February 20241 EUR = 20.36 ZAR
06 February 20241 EUR = 20.46 ZAR
07 February 20241 EUR = 20.24 ZAR
08 February 20241 EUR = 20.37 ZAR
09 February 20241 EUR = 20.44 ZAR
11 February 20241 EUR = 20.54 ZAR
12 February 20241 EUR = 20.49 ZAR
13 February 20241 EUR = 20.36 ZAR
14 February 20241 EUR = 20.43 ZAR
15 February 20241 EUR = 20.42 ZAR
16 February 20241 EUR = 20.41 ZAR
18 February 20241 EUR = 20.32 ZAR
19 February 20241 EUR = 20.30 ZAR
20 February 20241 EUR = 20.41 ZAR
21 February 20241 EUR = 20.44 ZAR
22 February 20241 EUR = 20.45 ZAR
23 February 20241 EUR = 20.73 ZAR
25 February 20241 EUR = 20.89 ZAR
26 February 20241 EUR = 20.89 ZAR
27 February 20241 EUR = 20.85 ZAR
28 February 20241 EUR = 20.68 ZAR
29 February 20241 EUR = 20.87 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.