Historic Liberian dollar South African rand

Liberian dollar south african rand history for February 2024. The highest quote for this month is 0.10213 (23/02/2024) and the lowest 0.10158 (24/02/2024). The difference between high and low is 0.54.

LRD ZAR average rate for February 2024 is 0.10014, the change between 01/02/2024 and 29/02/2024 is -3.01 %.

01 February 20241 LRD = 0.0985 ZAR
02 February 20241 LRD = 0.0982 ZAR
03 February 20241 LRD = 0.0999 ZAR
04 February 20241 LRD = 0.0998 ZAR
05 February 20241 LRD = 0.0999 ZAR
06 February 20241 LRD = 0.1007 ZAR
07 February 20241 LRD = 0.0996 ZAR
08 February 20241 LRD = 0.1000 ZAR
09 February 20241 LRD = 0.1004 ZAR
12 February 20241 LRD = 0.1003 ZAR
13 February 20241 LRD = 0.0999 ZAR
14 February 20241 LRD = 0.1007 ZAR
15 February 20241 LRD = 0.1004 ZAR
16 February 20241 LRD = 0.1000 ZAR
17 February 20241 LRD = 0.0994 ZAR
19 February 20241 LRD = 0.0994 ZAR
20 February 20241 LRD = 0.0999 ZAR
21 February 20241 LRD = 0.0997 ZAR
22 February 20241 LRD = 0.0997 ZAR
23 February 20241 LRD = 0.1009 ZAR
24 February 20241 LRD = 0.1016 ZAR
26 February 20241 LRD = 0.1017 ZAR
27 February 20241 LRD = 0.1012 ZAR
28 February 20241 LRD = 0.1005 ZAR
29 February 20241 LRD = 0.1014 ZAR

29/06/2020: Introduction of New Banknotes

Liberia introduces new banknotes with enhanced security features to combat counterfeiting and improve confidence in the currency.

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.

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.

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.

14/10/2000: ECOWAS Intervention

ECOWAS forces intervene in Liberia, leading to improved stability and gradual recovery of the Liberian dollar.

19/07/1997: Liberian Dollar Depreciation

The Liberian dollar experiences a significant depreciation due to economic mismanagement and the aftermath of the civil war.

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.

01/08/1982: Currency Decimalization

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

26/01/1982: Liberian Civil War Begins

The Liberian civil war begins, leading to significant economic instability and devaluation of the Liberian dollar.

14/09/1961: Introduction of the Rand

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

23/03/1907: Liberian Dollar Pegged to US Dollar

The Liberian dollar is pegged to the U.S. dollar at a ratio of 2:1, maintaining a fixed exchange rate for many years.

10/07/1849: Introduction of Liberian Dollar

The Liberian dollar is introduced as the official currency of Liberia, replacing the use of foreign currencies in the country.

26/07/1847: Liberian Independence

Liberia declares independence from the American Colonization Society, establishing the first republic in Africa.
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