Historic Euro South African rand

Euro south african rand history for January 2023. The highest quote for this month is 18.893 (31/01/2023) and the lowest 18.857 (31/01/2023). The difference between high and low is 0.19.

EUR ZAR average rate for January 2023 is 18.34996, the change between 01/01/2023 and 31/01/2023 is -3.58 %.

01 January 20231 EUR = 18.21 ZAR
02 January 20231 EUR = 18.10 ZAR
03 January 20231 EUR = 18.03 ZAR
04 January 20231 EUR = 17.94 ZAR
05 January 20231 EUR = 17.89 ZAR
06 January 20231 EUR = 18.05 ZAR
08 January 20231 EUR = 18.25 ZAR
09 January 20231 EUR = 18.21 ZAR
10 January 20231 EUR = 18.16 ZAR
11 January 20231 EUR = 18.03 ZAR
12 January 20231 EUR = 18.19 ZAR
13 January 20231 EUR = 18.15 ZAR
16 January 20231 EUR = 18.16 ZAR
17 January 20231 EUR = 18.46 ZAR
18 January 20231 EUR = 18.41 ZAR
19 January 20231 EUR = 18.48 ZAR
20 January 20231 EUR = 18.72 ZAR
23 January 20231 EUR = 18.57 ZAR
24 January 20231 EUR = 18.65 ZAR
25 January 20231 EUR = 18.52 ZAR
26 January 20231 EUR = 18.69 ZAR
27 January 20231 EUR = 18.69 ZAR
29 January 20231 EUR = 18.66 ZAR
30 January 20231 EUR = 18.69 ZAR
31 January 20231 EUR = 18.86 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.