Historic South African rand Bulgarian lev

South African rand bulgarian lev history for January 2024. The highest quote for this month is 0.09613 (01/01/2024) and the lowest 0.09669 (02/01/2024). The difference between high and low is -0.58.

ZAR BGN average rate for January 2024 is 0.0951, the change between 01/01/2024 and 31/01/2024 is +1.04 %.

01 January 20241 ZAR = 0.0965 BGN
02 January 20241 ZAR = 0.0963 BGN
03 January 20241 ZAR = 0.0958 BGN
04 January 20241 ZAR = 0.0953 BGN
05 January 20241 ZAR = 0.0951 BGN
08 January 20241 ZAR = 0.0952 BGN
09 January 20241 ZAR = 0.0957 BGN
10 January 20241 ZAR = 0.0955 BGN
11 January 20241 ZAR = 0.0951 BGN
12 January 20241 ZAR = 0.0950 BGN
15 January 20241 ZAR = 0.0955 BGN
16 January 20241 ZAR = 0.0953 BGN
17 January 20241 ZAR = 0.0945 BGN
18 January 20241 ZAR = 0.0938 BGN
19 January 20241 ZAR = 0.0945 BGN
22 January 20241 ZAR = 0.0940 BGN
23 January 20241 ZAR = 0.0931 BGN
24 January 20241 ZAR = 0.0947 BGN
25 January 20241 ZAR = 0.0946 BGN
26 January 20241 ZAR = 0.0950 BGN
29 January 20241 ZAR = 0.0956 BGN
30 January 20241 ZAR = 0.0958 BGN
31 January 20241 ZAR = 0.0955 BGN

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.

06/05/2015: Pegged to the euro

The Bulgarian Lev officially became a currency pegged to the euro, maintaining a fixed exchange rate, on May 6, 2015.

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.

01/01/2002: Replacement of notes and coins

New series of notes and coins for the Bulgarian Lev were introduced, replacing the previous designs on January 1, 2002.

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.

01/07/1999: Currency board arrangement

Bulgaria implemented a currency board arrangement, fixing the Bulgarian Lev to the euro at a rate of 1.95583 on July 1, 1999.

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.

15/09/1962: Introduction of the New Lev

The New Lev was introduced as a new currency in Bulgaria, replacing the Lev A, on September 15, 1962.

14/09/1961: Introduction of the Rand

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

01/12/1952: Lev replaced by Lev A

The Bulgarian Lev was replaced by a new currency named Lev A on December 1, 1952 as a result of currency reform.

14/10/1923: Hyperinflation

Bulgaria experienced severe hyperinflation, causing the value of the Lev currency to plummet during the period from 1923 to 1924.

01/04/1881: Introduction of the Lev

The Bulgarian Lev currency was introduced as the official currency of Bulgaria on April 1, 1881.