Historic Litecoin South African rand

Litecoin south african rand history for January 2024. The highest quote for this month is 0.28746 (24/01/2024) and the lowest 0.30067 (08/01/2024). The difference between high and low is -4.6.

LTC ZAR average rate for January 2024 is 0.27359, the change between 01/01/2024 and 31/01/2024 is -15.08 %.

01 January 20241 LTC = 0.2445 ZAR
02 January 20241 LTC = 0.2508 ZAR
03 January 20241 LTC = 0.2842 ZAR
04 January 20241 LTC = 0.2809 ZAR
05 January 20241 LTC = 0.2830 ZAR
06 January 20241 LTC = 0.2844 ZAR
07 January 20241 LTC = 0.2906 ZAR
08 January 20241 LTC = 0.2754 ZAR
09 January 20241 LTC = 0.2773 ZAR
10 January 20241 LTC = 0.2667 ZAR
11 January 20241 LTC = 0.2588 ZAR
12 January 20241 LTC = 0.2558 ZAR
13 January 20241 LTC = 0.2585 ZAR
14 January 20241 LTC = 0.2665 ZAR
15 January 20241 LTC = 0.2687 ZAR
16 January 20241 LTC = 0.2684 ZAR
17 January 20241 LTC = 0.2732 ZAR
18 January 20241 LTC = 0.2806 ZAR
19 January 20241 LTC = 0.2658 ZAR
20 January 20241 LTC = 0.2666 ZAR
21 January 20241 LTC = 0.2655 ZAR
22 January 20241 LTC = 0.2825 ZAR
23 January 20241 LTC = 0.2933 ZAR
24 January 20241 LTC = 0.2860 ZAR
25 January 20241 LTC = 0.2882 ZAR
26 January 20241 LTC = 0.2817 ZAR
27 January 20241 LTC = 0.2758 ZAR
28 January 20241 LTC = 0.2746 ZAR
29 January 20241 LTC = 0.2740 ZAR
30 January 20241 LTC = 0.2782 ZAR
31 January 20241 LTC = 0.2813 ZAR

05/08/2021: Litecoin Foundation Partners with Atari

The Litecoin Foundation partners with Atari, a prominent gaming company, to integrate Litecoin into Atari's gaming ecosystem, enabling players to use LTC for in-game purchases and transactions.

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.

26/02/2020: Litecoin Implements Mimblewimble Extension Blocks

Litecoin developers announce plans to introduce Mimblewimble Extension Blocks, a privacy-focused protocol extension, to enhance fungibility and transaction anonymity.

05/08/2019: Litecoin Halving

The block reward for Litecoin is halved from 25 LTC to 12.5 LTC, reducing new supply issuance and potentially impacting the cryptocurrency's price and mining economics.

12/12/2017: Litecoin Futures Launch on CME

The Chicago Mercantile Exchange (CME) launches futures contracts for Litecoin, offering institutional investors an avenue to trade and speculate on the cryptocurrency.

10/05/2017: Segregated Witness Activation

Litecoin activates Segregated Witness (SegWit), a protocol upgrade aimed at improving scalability and enabling second-layer solutions like the Lightning Network.

29/11/2013: Litecoin's First Major Price Rally

Litecoin experiences its first major price rally, reaching a peak of over $39 per LTC, driven by increased adoption and market speculation.

07/10/2011: Creation of Litecoin

Litecoin is created by Charlie Lee as a peer-to-peer cryptocurrency, based on the Bitcoin protocol, with faster block generation time and a different hashing algorithm.

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.

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.

14/09/1961: Introduction of the Rand

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