Israeli Sheqel south african rand exchange rate history (ILS ZAR) August 2023

Israeli Sheqel south african rand history for August 2023. The highest quote for this month is 5.1264 (09/08/2023) and the lowest 5.1185 (09/08/2023). The difference between high and low is 0.15.

ILS ZAR average rate for August 2023 is 5.01205, the change between 01/08/2023 and 31/08/2023 is -1.45 %.

01 August 2023	1 ILS = 4.874 ZAR
02 August 2023	1 ILS = 5.02 ZAR
03 August 2023	1 ILS = 5.02 ZAR
04 August 2023	1 ILS = 5.06 ZAR
07 August 2023	1 ILS = 5.05 ZAR
08 August 2023	1 ILS = 5.07 ZAR
09 August 2023	1 ILS = 5.08 ZAR
10 August 2023	1 ILS = 5.14 ZAR
11 August 2023	1 ILS = 5.08 ZAR
12 August 2023	1 ILS = 5.08 ZAR
14 August 2023	1 ILS = 5.08 ZAR
15 August 2023	1 ILS = 5.09 ZAR
16 August 2023	1 ILS = 5.12 ZAR
17 August 2023	1 ILS = 5.11 ZAR
18 August 2023	1 ILS = 5.03 ZAR
20 August 2023	1 ILS = 5.01 ZAR
21 August 2023	1 ILS = 5.000 ZAR
22 August 2023	1 ILS = 4.993 ZAR
23 August 2023	1 ILS = 4.953 ZAR
24 August 2023	1 ILS = 4.908 ZAR
25 August 2023	1 ILS = 4.951 ZAR
28 August 2023	1 ILS = 4.898 ZAR
29 August 2023	1 ILS = 4.880 ZAR
30 August 2023	1 ILS = 4.856 ZAR
31 August 2023	1 ILS = 4.944 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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

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.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

Historic Israeli Sheqel South African rand