Historic Samoan Tala South African rand

Samoan Tala south african rand history for November 2023. The highest quote for this month is 7.0243 (26/11/2023) and the lowest 7.0007 (26/11/2023). The difference between high and low is 0.34.

WST ZAR average rate for November 2023 is 6.80333, the change between 01/11/2023 and 30/11/2023 is -3.16 %.

01 November 20231 WST = 6.66 ZAR
06 November 20231 WST = 6.62 ZAR
07 November 20231 WST = 6.82 ZAR
08 November 20231 WST = 6.84 ZAR
09 November 20231 WST = 6.66 ZAR
10 November 20231 WST = 6.70 ZAR
11 November 20231 WST = 6.98 ZAR
12 November 20231 WST = 6.99 ZAR
13 November 20231 WST = 6.99 ZAR
14 November 20231 WST = 6.97 ZAR
15 November 20231 WST = 6.61 ZAR
16 November 20231 WST = 6.60 ZAR
17 November 20231 WST = 6.65 ZAR
18 November 20231 WST = 6.65 ZAR
19 November 20231 WST = 6.65 ZAR
20 November 20231 WST = 6.84 ZAR
21 November 20231 WST = 6.84 ZAR
22 November 20231 WST = 6.77 ZAR
23 November 20231 WST = 6.86 ZAR
24 November 20231 WST = 7.02 ZAR
26 November 20231 WST = 7.02 ZAR
27 November 20231 WST = 6.85 ZAR
28 November 20231 WST = 6.82 ZAR
29 November 20231 WST = 6.81 ZAR
30 November 20231 WST = 6.87 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.