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

Israeli Sheqel south african rand history for October 2023. The highest quote for this month is 5.0759 (05/10/2023) and the lowest 5.0529 (09/10/2023). The difference between high and low is 0.45.

ILS ZAR average rate for October 2023 is 4.79664, the change between 01/10/2023 and 31/10/2023 is +5.94 %.

01 October 2023	1 ILS = 4.960 ZAR
02 October 2023	1 ILS = 4.963 ZAR
03 October 2023	1 ILS = 5.00 ZAR
04 October 2023	1 ILS = 5.02 ZAR
05 October 2023	1 ILS = 5.02 ZAR
06 October 2023	1 ILS = 5.05 ZAR
07 October 2023	1 ILS = 5.03 ZAR
08 October 2023	1 ILS = 5.000 ZAR
09 October 2023	1 ILS = 5.02 ZAR
10 October 2023	1 ILS = 4.844 ZAR
11 October 2023	1 ILS = 4.815 ZAR
12 October 2023	1 ILS = 4.756 ZAR
13 October 2023	1 ILS = 4.793 ZAR
16 October 2023	1 ILS = 4.774 ZAR
17 October 2023	1 ILS = 4.695 ZAR
18 October 2023	1 ILS = 4.676 ZAR
19 October 2023	1 ILS = 4.714 ZAR
20 October 2023	1 ILS = 4.704 ZAR
21 October 2023	1 ILS = 4.654 ZAR
22 October 2023	1 ILS = 4.680 ZAR
23 October 2023	1 ILS = 4.676 ZAR
24 October 2023	1 ILS = 4.666 ZAR
25 October 2023	1 ILS = 4.686 ZAR
26 October 2023	1 ILS = 4.708 ZAR
27 October 2023	1 ILS = 4.645 ZAR
28 October 2023	1 ILS = 4.636 ZAR
29 October 2023	1 ILS = 4.633 ZAR
30 October 2023	1 ILS = 4.630 ZAR
31 October 2023	1 ILS = 4.666 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