Iraqi dinar south african rand exchange rate history (IQD ZAR) September 2023

Iraqi dinar south african rand history for September 2023. The highest quote for this month is 0.014861 (19/09/2023) and the lowest 0.015506 (20/09/2023). The difference between high and low is -4.34.

IQD ZAR average rate for September 2023 is 0.01458, the change between 01/09/2023 and 30/09/2023 is +1.98 %.

01 September 2023	1 IQD = 0.0147 ZAR
04 September 2023	1 IQD = 0.0146 ZAR
05 September 2023	1 IQD = 0.0149 ZAR
06 September 2023	1 IQD = 0.0149 ZAR
07 September 2023	1 IQD = 0.0147 ZAR
08 September 2023	1 IQD = 0.0146 ZAR
11 September 2023	1 IQD = 0.0149 ZAR
12 September 2023	1 IQD = 0.0144 ZAR
13 September 2023	1 IQD = 0.0145 ZAR
14 September 2023	1 IQD = 0.0144 ZAR
15 September 2023	1 IQD = 0.0145 ZAR
18 September 2023	1 IQD = 0.0148 ZAR
19 September 2023	1 IQD = 0.0145 ZAR
20 September 2023	1 IQD = 0.0144 ZAR
21 September 2023	1 IQD = 0.0144 ZAR
22 September 2023	1 IQD = 0.0145 ZAR
23 September 2023	1 IQD = 0.0143 ZAR
25 September 2023	1 IQD = 0.0147 ZAR
26 September 2023	1 IQD = 0.0143 ZAR
27 September 2023	1 IQD = 0.0146 ZAR
28 September 2023	1 IQD = 0.0147 ZAR
29 September 2023	1 IQD = 0.0145 ZAR
30 September 2023	1 IQD = 0.0145 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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

01/08/1982: Currency Decimalization

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

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

14/09/1961: Introduction of the Rand

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

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

Historic Iraqi dinar South African rand