Historic South African rand Bahamian dollar

South African rand bahamian dollar history for January 2024. The highest quote for this month is 0.054346 (01/01/2024) and the lowest 0.054547 (01/01/2024). The difference between high and low is -0.37.

ZAR BSD average rate for January 2024 is 0.0531, the change between 01/01/2024 and 31/01/2024 is +2.92 %.

01 January 20241 ZAR = 0.0545 BSD
02 January 20241 ZAR = 0.0545 BSD
03 January 20241 ZAR = 0.0536 BSD
04 January 20241 ZAR = 0.0532 BSD
05 January 20241 ZAR = 0.0532 BSD
06 January 20241 ZAR = 0.0535 BSD
07 January 20241 ZAR = 0.0535 BSD
08 January 20241 ZAR = 0.0531 BSD
09 January 20241 ZAR = 0.0535 BSD
10 January 20241 ZAR = 0.0533 BSD
11 January 20241 ZAR = 0.0533 BSD
12 January 20241 ZAR = 0.0533 BSD
14 January 20241 ZAR = 0.0537 BSD
15 January 20241 ZAR = 0.0533 BSD
16 January 20241 ZAR = 0.0532 BSD
17 January 20241 ZAR = 0.0525 BSD
18 January 20241 ZAR = 0.0521 BSD
19 January 20241 ZAR = 0.0525 BSD
22 January 20241 ZAR = 0.0522 BSD
23 January 20241 ZAR = 0.0518 BSD
24 January 20241 ZAR = 0.0525 BSD
25 January 20241 ZAR = 0.0526 BSD
26 January 20241 ZAR = 0.0526 BSD
28 January 20241 ZAR = 0.0532 BSD
29 January 20241 ZAR = 0.0530 BSD
30 January 20241 ZAR = 0.0529 BSD
31 January 20241 ZAR = 0.0529 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.
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