Japanese Yen south african rand exchange rate history (JPY ZAR) November 2023

Japanese Yen south african rand history for November 2023. The highest quote for this month is 0.12774 (30/11/2023) and the lowest 0.1271 (30/11/2023). The difference between high and low is 0.5.

JPY ZAR average rate for November 2023 is 0.12374, the change between 01/11/2023 and 30/11/2023 is -3.51 %.

01 November 2023	1 JPY = 0.1231 ZAR
02 November 2023	1 JPY = 0.1225 ZAR
03 November 2023	1 JPY = 0.1223 ZAR
06 November 2023	1 JPY = 0.1222 ZAR
07 November 2023	1 JPY = 0.1219 ZAR
08 November 2023	1 JPY = 0.1219 ZAR
09 November 2023	1 JPY = 0.1225 ZAR
10 November 2023	1 JPY = 0.1233 ZAR
12 November 2023	1 JPY = 0.1237 ZAR
13 November 2023	1 JPY = 0.1236 ZAR
14 November 2023	1 JPY = 0.1231 ZAR
15 November 2023	1 JPY = 0.1211 ZAR
16 November 2023	1 JPY = 0.1202 ZAR
17 November 2023	1 JPY = 0.1219 ZAR
20 November 2023	1 JPY = 0.1223 ZAR
21 November 2023	1 JPY = 0.1235 ZAR
22 November 2023	1 JPY = 0.1256 ZAR
23 November 2023	1 JPY = 0.1263 ZAR
24 November 2023	1 JPY = 0.1257 ZAR
25 November 2023	1 JPY = 0.1260 ZAR
26 November 2023	1 JPY = 0.1260 ZAR
27 November 2023	1 JPY = 0.1256 ZAR
28 November 2023	1 JPY = 0.1256 ZAR
29 November 2023	1 JPY = 0.1263 ZAR
30 November 2023	1 JPY = 0.1274 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