Historic South African rand Bahraini dinar

South African rand bahraini dinar history for December 2023. The highest quote for this month is 0.020546 (16/12/2023) and the lowest 0.02067 (15/12/2023). The difference between high and low is -0.6.

ZAR BHD average rate for December 2023 is 0.0201, the change between 01/12/2023 and 31/12/2023 is -1.5 %.

01 December 20231 ZAR = 0.0199 BHD
02 December 20231 ZAR = 0.0202 BHD
03 December 20231 ZAR = 0.0202 BHD
04 December 20231 ZAR = 0.0196 BHD
05 December 20231 ZAR = 0.0199 BHD
06 December 20231 ZAR = 0.0197 BHD
07 December 20231 ZAR = 0.0197 BHD
08 December 20231 ZAR = 0.0199 BHD
10 December 20231 ZAR = 0.0199 BHD
11 December 20231 ZAR = 0.0193 BHD
12 December 20231 ZAR = 0.0196 BHD
13 December 20231 ZAR = 0.0198 BHD
14 December 20231 ZAR = 0.0201 BHD
15 December 20231 ZAR = 0.0204 BHD
16 December 20231 ZAR = 0.0205 BHD
17 December 20231 ZAR = 0.0205 BHD
18 December 20231 ZAR = 0.0201 BHD
19 December 20231 ZAR = 0.0201 BHD
20 December 20231 ZAR = 0.0204 BHD
21 December 20231 ZAR = 0.0205 BHD
22 December 20231 ZAR = 0.0206 BHD
23 December 20231 ZAR = 0.0204 BHD
24 December 20231 ZAR = 0.0204 BHD
25 December 20231 ZAR = 0.0198 BHD
26 December 20231 ZAR = 0.0202 BHD
27 December 20231 ZAR = 0.0202 BHD
28 December 20231 ZAR = 0.0204 BHD
29 December 20231 ZAR = 0.0202 BHD

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.

19/05/2019: Launch of New Bahraini Dinar Series

A new series of Bahraini dinar banknotes was launched, featuring enhanced security features, updated designs, and braille markings for the visually impaired.

06/02/2014: Introduction of Polymer Banknotes

Bahrain introduced polymer banknotes for the first time, enhancing durability and security of the 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.

30/09/2006: Bahraini Dinar Convertibility

Bahrain lifted the restrictions on the convertibility of the Bahraini dinar, allowing it to be freely traded and exchanged internationally.

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.

20/08/2001: Bahraini Dinar Second Edition

A new series of Bahraini dinar banknotes was introduced, featuring enhanced security features and updated designs.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

24/06/1994: Establishment of the Bahrain Monetary Agency

The Bahrain Monetary Agency (now known as the Central Bank of Bahrain) was established to regulate and oversee the Bahraini dinar.

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.

31/12/1972: Bahrain Dinar Pegged to US Dollar

The Bahraini Dinar was pegged to the US Dollar at a fixed exchange rate of 1 dinar = $2.80, which continues to this day.

15/10/1965: Introduction of the Bahraini Dinar

The Bahraini Dinar was introduced as the official currency of Bahrain, replacing the Gulf rupee at a rate of 1 dinar = 10 rupees.

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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