South African rand bahamian dollar exchange rate history (ZAR BSD) December 2023

South African rand bahamian dollar history for December 2023. The highest quote for this month is 0.054513 (16/12/2023) and the lowest 0.055388 (25/12/2023). The difference between high and low is -1.61.

ZAR BSD average rate for December 2023 is 0.05356, the change between 01/12/2023 and 31/12/2023 is -1.98 %.

01 December 2023	1 ZAR = 0.0527 BSD
02 December 2023	1 ZAR = 0.0537 BSD
03 December 2023	1 ZAR = 0.0537 BSD
04 December 2023	1 ZAR = 0.0535 BSD
05 December 2023	1 ZAR = 0.0529 BSD
06 December 2023	1 ZAR = 0.0524 BSD
07 December 2023	1 ZAR = 0.0525 BSD
08 December 2023	1 ZAR = 0.0529 BSD
10 December 2023	1 ZAR = 0.0527 BSD
11 December 2023	1 ZAR = 0.0526 BSD
12 December 2023	1 ZAR = 0.0521 BSD
13 December 2023	1 ZAR = 0.0525 BSD
14 December 2023	1 ZAR = 0.0533 BSD
15 December 2023	1 ZAR = 0.0542 BSD
16 December 2023	1 ZAR = 0.0545 BSD
17 December 2023	1 ZAR = 0.0545 BSD
18 December 2023	1 ZAR = 0.0546 BSD
19 December 2023	1 ZAR = 0.0535 BSD
20 December 2023	1 ZAR = 0.0542 BSD
21 December 2023	1 ZAR = 0.0544 BSD
22 December 2023	1 ZAR = 0.0547 BSD
23 December 2023	1 ZAR = 0.0542 BSD
24 December 2023	1 ZAR = 0.0542 BSD
25 December 2023	1 ZAR = 0.0539 BSD
26 December 2023	1 ZAR = 0.0539 BSD
27 December 2023	1 ZAR = 0.0534 BSD
28 December 2023	1 ZAR = 0.0542 BSD
29 December 2023	1 ZAR = 0.0538 BSD

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.

29/12/2014: Introduction of new Bahamian dollar variants

New variants of the Bahamian dollar banknotes, featuring improved security features, were introduced to combat counterfeit money.

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.

27/12/1974: Devaluation of the Bahamian dollar

The Bahamian dollar was devalued by 50% to stimulate the country's tourism industry and boost its economy.

10/07/1973: Independence from British rule

The Bahamas gained independence from British rule, maintaining the Bahamian dollar as its currency.

09/09/1969: Currency Board Agreement

The Bahamas entered into a Currency Board Agreement with the Eastern Caribbean Currency Authority, establishing fixed exchange rates for their currencies.

01/01/1966: Introduction of the Bahamian dollar

The Bahamian dollar was introduced, replacing the British pound as the official currency of the Bahamas.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

06/08/1866: Adoption of the British pound

The Bahamas officially adopted the British pound sterling as their currency, replacing the Bahamian pound.

06/06/1853: Introduction of the Bahamian pound

The Bahamian pound was introduced as the official currency of the Bahamas, replacing the Spanish dollar.

Historic South African rand Bahamian dollar