South African rand bangladeshi taka exchange rate history (ZAR BDT) December 2023

South African rand bangladeshi taka history for December 2023. The highest quote for this month is 5.9828 (16/12/2023) and the lowest 6.0267 (25/12/2023). The difference between high and low is -0.73.

ZAR BDT average rate for December 2023 is 5.84658, the change between 01/12/2023 and 31/12/2023 is -1.52 %.

01 December 2023	1 ZAR = 5.77 BDT
02 December 2023	1 ZAR = 5.90 BDT
03 December 2023	1 ZAR = 5.90 BDT
04 December 2023	1 ZAR = 5.85 BDT
05 December 2023	1 ZAR = 5.77 BDT
06 December 2023	1 ZAR = 5.72 BDT
07 December 2023	1 ZAR = 5.72 BDT
08 December 2023	1 ZAR = 5.76 BDT
10 December 2023	1 ZAR = 5.78 BDT
11 December 2023	1 ZAR = 5.74 BDT
12 December 2023	1 ZAR = 5.68 BDT
13 December 2023	1 ZAR = 5.72 BDT
14 December 2023	1 ZAR = 5.81 BDT
15 December 2023	1 ZAR = 5.92 BDT
16 December 2023	1 ZAR = 5.98 BDT
17 December 2023	1 ZAR = 5.98 BDT
18 December 2023	1 ZAR = 5.96 BDT
19 December 2023	1 ZAR = 5.82 BDT
20 December 2023	1 ZAR = 5.89 BDT
21 December 2023	1 ZAR = 5.92 BDT
22 December 2023	1 ZAR = 5.95 BDT
23 December 2023	1 ZAR = 5.94 BDT
24 December 2023	1 ZAR = 5.94 BDT
25 December 2023	1 ZAR = 5.86 BDT
26 December 2023	1 ZAR = 5.87 BDT
27 December 2023	1 ZAR = 5.81 BDT
28 December 2023	1 ZAR = 5.89 BDT
29 December 2023	1 ZAR = 5.85 BDT

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.

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

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.

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.

14/09/1961: Introduction of the Rand

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

Historic South African rand Bangladeshi Taka