Historic South African rand Aruban florin

South African rand aruban florin history for February 2024. The highest quote for this month is 0.09548 (01/02/2024) and the lowest 0.09662 (02/02/2024). The difference between high and low is -1.19.

ZAR AWG average rate for February 2024 is 0.09436, the change between 01/02/2024 and 29/02/2024 is +3.46 %.

01 February 20241 ZAR = 0.0963 AWG
02 February 20241 ZAR = 0.0964 AWG
03 February 20241 ZAR = 0.0947 AWG
04 February 20241 ZAR = 0.0948 AWG
05 February 20241 ZAR = 0.0949 AWG
06 February 20241 ZAR = 0.0940 AWG
07 February 20241 ZAR = 0.0953 AWG
08 February 20241 ZAR = 0.0947 AWG
09 February 20241 ZAR = 0.0944 AWG
12 February 20241 ZAR = 0.0945 AWG
13 February 20241 ZAR = 0.0949 AWG
14 February 20241 ZAR = 0.0940 AWG
15 February 20241 ZAR = 0.0941 AWG
16 February 20241 ZAR = 0.0946 AWG
19 February 20241 ZAR = 0.0952 AWG
20 February 20241 ZAR = 0.0945 AWG
21 February 20241 ZAR = 0.0948 AWG
22 February 20241 ZAR = 0.0949 AWG
23 February 20241 ZAR = 0.0936 AWG
24 February 20241 ZAR = 0.0929 AWG
25 February 20241 ZAR = 0.0927 AWG
26 February 20241 ZAR = 0.0927 AWG
27 February 20241 ZAR = 0.0933 AWG
28 February 20241 ZAR = 0.0940 AWG
29 February 20241 ZAR = 0.0930 AWG

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.

01/03/2018: Redenomination of the Aruban florin

Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.

01/01/2011: Introduction of polymer banknotes

Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.

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.

01/01/2003: Replacement of older banknotes

Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.

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.

01/01/2000: Adoption of new currency symbol

The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.

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.

01/01/1993: Currency reform

A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.

01/01/1990: Introduction of the guilders coins

Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.

01/01/1986: Introduction of the Aruban florin

The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.

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.
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