Russian ruble south african rand exchange rate history (RUB ZAR) August 2023

Russian ruble south african rand history for August 2023. The highest quote for this month is 0.20278 (20/08/2023) and the lowest 0.20572 (17/08/2023). The difference between high and low is -1.45.

RUB ZAR average rate for August 2023 is 0.19633, the change between 01/08/2023 and 31/08/2023 is +0.36 %.

01 August 2023	1 RUB = 0.1949 ZAR
02 August 2023	1 RUB = 0.1975 ZAR
03 August 2023	1 RUB = 0.1962 ZAR
04 August 2023	1 RUB = 0.1963 ZAR
05 August 2023	1 RUB = 0.1934 ZAR
07 August 2023	1 RUB = 0.1924 ZAR
08 August 2023	1 RUB = 0.1953 ZAR
09 August 2023	1 RUB = 0.1946 ZAR
10 August 2023	1 RUB = 0.1957 ZAR
11 August 2023	1 RUB = 0.1940 ZAR
12 August 2023	1 RUB = 0.1922 ZAR
14 August 2023	1 RUB = 0.1893 ZAR
15 August 2023	1 RUB = 0.1966 ZAR
16 August 2023	1 RUB = 0.1944 ZAR
17 August 2023	1 RUB = 0.2030 ZAR
18 August 2023	1 RUB = 0.2017 ZAR
20 August 2023	1 RUB = 0.2042 ZAR
21 August 2023	1 RUB = 0.1993 ZAR
22 August 2023	1 RUB = 0.2026 ZAR
23 August 2023	1 RUB = 0.1987 ZAR
24 August 2023	1 RUB = 0.1943 ZAR
25 August 2023	1 RUB = 0.1989 ZAR
28 August 2023	1 RUB = 0.1950 ZAR
29 August 2023	1 RUB = 0.1964 ZAR
30 August 2023	1 RUB = 0.1934 ZAR
31 August 2023	1 RUB = 0.1942 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.

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.