Historic Somali shilling South African rand

Somali shilling south african rand history for September 2023. The highest quote for this month is 0.034151 (06/09/2023) and the lowest 0.033822 (07/09/2023). The difference between high and low is 0.96.

SOS ZAR average rate for September 2023 is 0.03353, the change between 01/09/2023 and 30/09/2023 is -0.58 %.

01 September 20231 SOS = 0.0333 ZAR
04 September 20231 SOS = 0.0333 ZAR
05 September 20231 SOS = 0.0338 ZAR
06 September 20231 SOS = 0.0338 ZAR
07 September 20231 SOS = 0.0340 ZAR
08 September 20231 SOS = 0.0338 ZAR
11 September 20231 SOS = 0.0337 ZAR
12 September 20231 SOS = 0.0333 ZAR
13 September 20231 SOS = 0.0334 ZAR
14 September 20231 SOS = 0.0332 ZAR
15 September 20231 SOS = 0.0337 ZAR
18 September 20231 SOS = 0.0335 ZAR
19 September 20231 SOS = 0.0336 ZAR
20 September 20231 SOS = 0.0334 ZAR
21 September 20231 SOS = 0.0334 ZAR
22 September 20231 SOS = 0.0335 ZAR
25 September 20231 SOS = 0.0331 ZAR
26 September 20231 SOS = 0.0332 ZAR
27 September 20231 SOS = 0.0337 ZAR
28 September 20231 SOS = 0.0339 ZAR
29 September 20231 SOS = 0.0335 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.