Fijian Dollar south african rand exchange rate history (FJD ZAR) January 2024

Fijian Dollar south african rand history for January 2024. The highest quote for this month is 8.5965 (17/01/2024) and the lowest 8.5426 (22/01/2024). The difference between high and low is 0.63.

FJD ZAR average rate for January 2024 is 8.43546, the change between 01/01/2024 and 31/01/2024 is -0.95 %.

01 January 2024	1 FJD = 8.37 ZAR
02 January 2024	1 FJD = 8.38 ZAR
03 January 2024	1 FJD = 8.37 ZAR
04 January 2024	1 FJD = 8.41 ZAR
05 January 2024	1 FJD = 8.49 ZAR
08 January 2024	1 FJD = 8.48 ZAR
09 January 2024	1 FJD = 8.35 ZAR
10 January 2024	1 FJD = 8.37 ZAR
11 January 2024	1 FJD = 8.36 ZAR
12 January 2024	1 FJD = 8.37 ZAR
15 January 2024	1 FJD = 8.46 ZAR
16 January 2024	1 FJD = 8.44 ZAR
17 January 2024	1 FJD = 8.53 ZAR
18 January 2024	1 FJD = 8.56 ZAR
19 January 2024	1 FJD = 8.51 ZAR
22 January 2024	1 FJD = 8.55 ZAR
23 January 2024	1 FJD = 8.52 ZAR
24 January 2024	1 FJD = 8.39 ZAR
25 January 2024	1 FJD = 8.39 ZAR
26 January 2024	1 FJD = 8.48 ZAR
29 January 2024	1 FJD = 8.42 ZAR
30 January 2024	1 FJD = 8.37 ZAR
31 January 2024	1 FJD = 8.45 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.

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.

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.

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.

Historic Fijian Dollar South African rand