Somali shilling south african rand history for December 2023. The highest quote for this month is 0.033692 (11/12/2023) and the lowest 0.033253 (11/12/2023). The difference between high and low is 1.3.
SOS ZAR average rate for December 2023 is 0.03277, the change between 01/12/2023 and 31/12/2023 is +1.44 %.
| 01 December 2023 | 1 SOS = 0.0332 ZAR |
| 04 December 2023 | 1 SOS = 0.0327 ZAR |
| 05 December 2023 | 1 SOS = 0.0331 ZAR |
| 06 December 2023 | 1 SOS = 0.0334 ZAR |
| 07 December 2023 | 1 SOS = 0.0334 ZAR |
| 08 December 2023 | 1 SOS = 0.0331 ZAR |
| 11 December 2023 | 1 SOS = 0.0333 ZAR |
| 12 December 2023 | 1 SOS = 0.0336 ZAR |
| 13 December 2023 | 1 SOS = 0.0333 ZAR |
| 14 December 2023 | 1 SOS = 0.0328 ZAR |
| 15 December 2023 | 1 SOS = 0.0322 ZAR |
| 18 December 2023 | 1 SOS = 0.0322 ZAR |
| 19 December 2023 | 1 SOS = 0.0327 ZAR |
| 20 December 2023 | 1 SOS = 0.0323 ZAR |
| 21 December 2023 | 1 SOS = 0.0321 ZAR |
| 22 December 2023 | 1 SOS = 0.0320 ZAR |
| 25 December 2023 | 1 SOS = 0.0325 ZAR |
| 26 December 2023 | 1 SOS = 0.0325 ZAR |
| 27 December 2023 | 1 SOS = 0.0328 ZAR |
| 28 December 2023 | 1 SOS = 0.0323 ZAR |
| 29 December 2023 | 1 SOS = 0.0327 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.