Historic Samoan Tala South African rand

Samoan Tala south african rand history for December 2023. The highest quote for this month is 7.0789 (10/12/2023) and the lowest 7.0789 (10/12/2023). The difference between high and low is 0.

WST ZAR average rate for December 2023 is 6.9196, the change between 01/12/2023 and 31/12/2023 is +1.23 %.

01 December 20231 WST = 6.91 ZAR
02 December 20231 WST = 6.95 ZAR
03 December 20231 WST = 6.95 ZAR
04 December 20231 WST = 6.93 ZAR
05 December 20231 WST = 7.01 ZAR
06 December 20231 WST = 6.95 ZAR
07 December 20231 WST = 7.07 ZAR
08 December 20231 WST = 7.02 ZAR
10 December 20231 WST = 7.08 ZAR
11 December 20231 WST = 7.05 ZAR
12 December 20231 WST = 6.97 ZAR
13 December 20231 WST = 7.06 ZAR
14 December 20231 WST = 6.96 ZAR
15 December 20231 WST = 6.83 ZAR
16 December 20231 WST = 6.84 ZAR
17 December 20231 WST = 6.84 ZAR
18 December 20231 WST = 6.82 ZAR
19 December 20231 WST = 6.93 ZAR
20 December 20231 WST = 6.84 ZAR
21 December 20231 WST = 6.81 ZAR
22 December 20231 WST = 6.78 ZAR
23 December 20231 WST = 6.88 ZAR
24 December 20231 WST = 6.88 ZAR
26 December 20231 WST = 6.84 ZAR
27 December 20231 WST = 6.96 ZAR
28 December 20231 WST = 6.84 ZAR
29 December 20231 WST = 6.93 ZAR
30 December 20231 WST = 6.82 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.