Somali shilling south african rand history for February 2024. The highest quote for this month is 0.034119 (23/02/2024) and the lowest 0.033883 (26/02/2024). The difference between high and low is 0.69.
SOS ZAR average rate for February 2024 is 0.03338, the change between 01/02/2024 and 29/02/2024 is -3.44 %.
01 February 2024 | 1 SOS = 0.0328 ZAR |
02 February 2024 | 1 SOS = 0.0327 ZAR |
05 February 2024 | 1 SOS = 0.0333 ZAR |
06 February 2024 | 1 SOS = 0.0336 ZAR |
07 February 2024 | 1 SOS = 0.0331 ZAR |
08 February 2024 | 1 SOS = 0.0333 ZAR |
09 February 2024 | 1 SOS = 0.0334 ZAR |
12 February 2024 | 1 SOS = 0.0334 ZAR |
13 February 2024 | 1 SOS = 0.0333 ZAR |
14 February 2024 | 1 SOS = 0.0336 ZAR |
15 February 2024 | 1 SOS = 0.0335 ZAR |
16 February 2024 | 1 SOS = 0.0332 ZAR |
19 February 2024 | 1 SOS = 0.0330 ZAR |
20 February 2024 | 1 SOS = 0.0333 ZAR |
21 February 2024 | 1 SOS = 0.0333 ZAR |
22 February 2024 | 1 SOS = 0.0333 ZAR |
23 February 2024 | 1 SOS = 0.0337 ZAR |
26 February 2024 | 1 SOS = 0.0340 ZAR |
27 February 2024 | 1 SOS = 0.0338 ZAR |
28 February 2024 | 1 SOS = 0.0336 ZAR |
29 February 2024 | 1 SOS = 0.0339 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.