Historic Iranian Rial South African rand

Iranian Rial south african rand history for January 2024. The highest quote for this month is 2.3537 (03/01/2024) and the lowest 2.3139 (03/01/2024). The difference between high and low is 1.69.

IRR ZAR average rate for January 2024 is 0.00045, the change between 01/01/2024 and 31/01/2024 is -2.76 %.

01 January 20241 IRR = 0.0004 ZAR
02 January 20241 IRR = 0.0004 ZAR
03 January 20241 IRR = 0.0004 ZAR
04 January 20241 IRR = 0.0004 ZAR
05 January 20241 IRR = 0.0004 ZAR
06 January 20241 IRR = 0.0004 ZAR
07 January 20241 IRR = 0.0004 ZAR
08 January 20241 IRR = 0.0004 ZAR
09 January 20241 IRR = 0.0004 ZAR
10 January 20241 IRR = 0.0004 ZAR
11 January 20241 IRR = 0.0004 ZAR
12 January 20241 IRR = 0.0004 ZAR
14 January 20241 IRR = 0.0004 ZAR
15 January 20241 IRR = 0.0004 ZAR
16 January 20241 IRR = 0.0004 ZAR
17 January 20241 IRR = 0.0005 ZAR
18 January 20241 IRR = 0.0005 ZAR
19 January 20241 IRR = 0.0005 ZAR
22 January 20241 IRR = 0.0005 ZAR
23 January 20241 IRR = 0.0005 ZAR
24 January 20241 IRR = 0.0005 ZAR
25 January 20241 IRR = 0.0004 ZAR
26 January 20241 IRR = 0.0005 ZAR
28 January 20241 IRR = 0.0004 ZAR
29 January 20241 IRR = 0.0004 ZAR
30 January 20241 IRR = 0.0004 ZAR
31 January 20241 IRR = 0.0004 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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

01/08/1982: Currency Decimalization

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

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

14/09/1961: Introduction of the Rand

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

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
IRR ZAR August 2023
IRR ZAR September 2023
IRR ZAR October 2023
IRR ZAR November 2023
IRR ZAR December 2023
IRR ZAR January 2024
IRR ZAR February 2024
IRR ZAR March 2024
IRR ZAR April 2024
IRR ZAR May 2024
IRR ZAR June 2024
IRR ZAR July 2024
IRR ZAR August 2024