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

Russian ruble south african rand history for November 2023. The highest quote for this month is 0.21303 (22/11/2023) and the lowest 0.21285 (24/11/2023). The difference between high and low is 0.08.

RUB ZAR average rate for November 2023 is 0.20514, the change between 01/11/2023 and 30/11/2023 is -5.85 %.

01 November 2023	1 RUB = 0.1996 ZAR
02 November 2023	1 RUB = 0.1993 ZAR
03 November 2023	1 RUB = 0.1974 ZAR
06 November 2023	1 RUB = 0.1992 ZAR
07 November 2023	1 RUB = 0.1975 ZAR
08 November 2023	1 RUB = 0.1991 ZAR
09 November 2023	1 RUB = 0.2013 ZAR
10 November 2023	1 RUB = 0.2036 ZAR
11 November 2023	1 RUB = 0.2028 ZAR
12 November 2023	1 RUB = 0.2030 ZAR
13 November 2023	1 RUB = 0.2032 ZAR
14 November 2023	1 RUB = 0.2033 ZAR
15 November 2023	1 RUB = 0.2013 ZAR
16 November 2023	1 RUB = 0.2033 ZAR
17 November 2023	1 RUB = 0.2056 ZAR
18 November 2023	1 RUB = 0.2067 ZAR
19 November 2023	1 RUB = 0.2067 ZAR
20 November 2023	1 RUB = 0.2052 ZAR
21 November 2023	1 RUB = 0.2070 ZAR
22 November 2023	1 RUB = 0.2109 ZAR
23 November 2023	1 RUB = 0.2136 ZAR
24 November 2023	1 RUB = 0.2131 ZAR
25 November 2023	1 RUB = 0.2109 ZAR
26 November 2023	1 RUB = 0.2104 ZAR
27 November 2023	1 RUB = 0.2105 ZAR
28 November 2023	1 RUB = 0.2094 ZAR
29 November 2023	1 RUB = 0.2091 ZAR
30 November 2023	1 RUB = 0.2112 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.