Historic Singapore dollar South African rand

Singapore dollar south african rand history for January 2024. The highest quote for this month is 14.309 (22/01/2024) and the lowest 14.193 (23/01/2024). The difference between high and low is 0.81.

SGD ZAR average rate for January 2024 is 14.04619, the change between 01/01/2024 and 31/01/2024 is -1.23 %.

01 January 20241 SGD = 13.85 ZAR
02 January 20241 SGD = 13.87 ZAR
03 January 20241 SGD = 13.99 ZAR
04 January 20241 SGD = 14.06 ZAR
05 January 20241 SGD = 14.06 ZAR
06 January 20241 SGD = 14.05 ZAR
07 January 20241 SGD = 14.05 ZAR
08 January 20241 SGD = 14.04 ZAR
09 January 20241 SGD = 13.97 ZAR
10 January 20241 SGD = 14.00 ZAR
11 January 20241 SGD = 14.00 ZAR
12 January 20241 SGD = 14.02 ZAR
13 January 20241 SGD = 13.98 ZAR
14 January 20241 SGD = 13.97 ZAR
15 January 20241 SGD = 13.97 ZAR
16 January 20241 SGD = 13.98 ZAR
17 January 20241 SGD = 14.12 ZAR
18 January 20241 SGD = 14.19 ZAR
19 January 20241 SGD = 14.08 ZAR
20 January 20241 SGD = 14.18 ZAR
21 January 20241 SGD = 14.19 ZAR
22 January 20241 SGD = 14.18 ZAR
23 January 20241 SGD = 14.30 ZAR
24 January 20241 SGD = 14.11 ZAR
25 January 20241 SGD = 14.09 ZAR
26 January 20241 SGD = 14.09 ZAR
27 January 20241 SGD = 14.00 ZAR
28 January 20241 SGD = 14.01 ZAR
29 January 20241 SGD = 13.98 ZAR
30 January 20241 SGD = 14.02 ZAR
31 January 20241 SGD = 14.02 ZAR

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

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.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
SGD ZAR January 2024
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