Japanese Yen south african rand exchange rate history (JPY ZAR) February 2024

Japanese Yen south african rand history for February 2024. The highest quote for this month is 0.12854 (23/02/2024) and the lowest 0.12831 (29/02/2024). The difference between high and low is 0.18.

JPY ZAR average rate for February 2024 is 0.12693, the change between 01/02/2024 and 29/02/2024 is -0.92 %.

01 February 2024	1 JPY = 0.1266 ZAR
02 February 2024	1 JPY = 0.1268 ZAR
04 February 2024	1 JPY = 0.1274 ZAR
05 February 2024	1 JPY = 0.1272 ZAR
06 February 2024	1 JPY = 0.1282 ZAR
07 February 2024	1 JPY = 0.1273 ZAR
08 February 2024	1 JPY = 0.1276 ZAR
09 February 2024	1 JPY = 0.1271 ZAR
11 February 2024	1 JPY = 0.1276 ZAR
12 February 2024	1 JPY = 0.1272 ZAR
13 February 2024	1 JPY = 0.1265 ZAR
14 February 2024	1 JPY = 0.1266 ZAR
15 February 2024	1 JPY = 0.1264 ZAR
16 February 2024	1 JPY = 0.1263 ZAR
17 February 2024	1 JPY = 0.1255 ZAR
18 February 2024	1 JPY = 0.1255 ZAR
19 February 2024	1 JPY = 0.1254 ZAR
20 February 2024	1 JPY = 0.1260 ZAR
21 February 2024	1 JPY = 0.1261 ZAR
22 February 2024	1 JPY = 0.1257 ZAR
23 February 2024	1 JPY = 0.1272 ZAR
24 February 2024	1 JPY = 0.1281 ZAR
25 February 2024	1 JPY = 0.1283 ZAR
26 February 2024	1 JPY = 0.1283 ZAR
27 February 2024	1 JPY = 0.1276 ZAR
28 February 2024	1 JPY = 0.1267 ZAR
29 February 2024	1 JPY = 0.1278 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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

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.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

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.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

01/08/1982: Currency Decimalization

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

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

14/09/1961: Introduction of the Rand

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

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

Historic Japanese Yen South African rand