Samoan Tala south african rand history for September 2023. The highest quote for this month is 6.9619 (05/09/2023) and the lowest 7.1262 (05/09/2023). The difference between high and low is -2.36.
WST ZAR average rate for September 2023 is 6.87784, the change between 01/09/2023 and 30/09/2023 is -0.22 %.
01 September 2023 | 1 WST = 6.81 ZAR |
05 September 2023 | 1 WST = 7.12 ZAR |
06 September 2023 | 1 WST = 6.93 ZAR |
11 September 2023 | 1 WST = 6.86 ZAR |
18 September 2023 | 1 WST = 7.08 ZAR |
23 September 2023 | 1 WST = 6.76 ZAR |
25 September 2023 | 1 WST = 6.77 ZAR |
26 September 2023 | 1 WST = 6.78 ZAR |
27 September 2023 | 1 WST = 6.87 ZAR |
29 September 2023 | 1 WST = 6.85 ZAR |
30 September 2023 | 1 WST = 6.83 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.