Historic Russian ruble South African rand

Russian ruble south african rand history for October 2023. The highest quote for this month is 0.20474 (25/10/2023) and the lowest 0.20448 (25/10/2023). The difference between high and low is 0.13.

RUB ZAR average rate for October 2023 is 0.1962, the change between 01/10/2023 and 31/10/2023 is -4.08 %.

01 October 20231 RUB = 0.1956 ZAR
02 October 20231 RUB = 0.1927 ZAR
03 October 20231 RUB = 0.1945 ZAR
04 October 20231 RUB = 0.1911 ZAR
05 October 20231 RUB = 0.1942 ZAR
06 October 20231 RUB = 0.1949 ZAR
07 October 20231 RUB = 0.1919 ZAR
09 October 20231 RUB = 0.1917 ZAR
10 October 20231 RUB = 0.1929 ZAR
11 October 20231 RUB = 0.1895 ZAR
12 October 20231 RUB = 0.1925 ZAR
13 October 20231 RUB = 0.1946 ZAR
16 October 20231 RUB = 0.1943 ZAR
17 October 20231 RUB = 0.1929 ZAR
18 October 20231 RUB = 0.1918 ZAR
19 October 20231 RUB = 0.1934 ZAR
20 October 20231 RUB = 0.1976 ZAR
21 October 20231 RUB = 0.1974 ZAR
22 October 20231 RUB = 0.1984 ZAR
23 October 20231 RUB = 0.1988 ZAR
24 October 20231 RUB = 0.2006 ZAR
25 October 20231 RUB = 0.2034 ZAR
26 October 20231 RUB = 0.2036 ZAR
27 October 20231 RUB = 0.2022 ZAR
28 October 20231 RUB = 0.2003 ZAR
29 October 20231 RUB = 0.1998 ZAR
30 October 20231 RUB = 0.1993 ZAR
31 October 20231 RUB = 0.2036 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.