Historic Israeli Sheqel South African rand

Israeli Sheqel south african rand history for December 2023. The highest quote for this month is 5.1591 (26/12/2023) and the lowest 5.1324 (23/12/2023). The difference between high and low is 0.52.

ILS ZAR average rate for December 2023 is 5.06992, the change between 01/12/2023 and 31/12/2023 is -1.2 %.

01 December 20231 ILS = 5.06 ZAR
02 December 20231 ILS = 5.03 ZAR
03 December 20231 ILS = 5.03 ZAR
04 December 20231 ILS = 5.00 ZAR
05 December 20231 ILS = 5.05 ZAR
06 December 20231 ILS = 5.10 ZAR
07 December 20231 ILS = 5.13 ZAR
08 December 20231 ILS = 5.09 ZAR
10 December 20231 ILS = 5.13 ZAR
11 December 20231 ILS = 5.11 ZAR
12 December 20231 ILS = 5.14 ZAR
13 December 20231 ILS = 5.10 ZAR
14 December 20231 ILS = 5.04 ZAR
15 December 20231 ILS = 4.997 ZAR
16 December 20231 ILS = 4.992 ZAR
17 December 20231 ILS = 5.01 ZAR
18 December 20231 ILS = 4.991 ZAR
19 December 20231 ILS = 5.07 ZAR
20 December 20231 ILS = 5.02 ZAR
21 December 20231 ILS = 5.03 ZAR
22 December 20231 ILS = 5.01 ZAR
23 December 20231 ILS = 5.12 ZAR
24 December 20231 ILS = 5.12 ZAR
25 December 20231 ILS = 5.13 ZAR
26 December 20231 ILS = 5.13 ZAR
27 December 20231 ILS = 5.14 ZAR
28 December 20231 ILS = 5.07 ZAR
29 December 20231 ILS = 5.12 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.