Historic South African rand Cambodian Riel

South African rand cambodian riel history for August 2023. The highest quote for this month is 225.48 (01/08/2023) and the lowest 226.43 (01/08/2023). The difference between high and low is -0.42.

ZAR KHR average rate for August 2023 is 218.2456, the change between 01/08/2023 and 31/08/2023 is +5.72 %.

01 August 20231 ZAR = 230.8 KHR
02 August 20231 ZAR = 225.9 KHR
03 August 20231 ZAR = 219.4 KHR
04 August 20231 ZAR = 221.4 KHR
07 August 20231 ZAR = 217.9 KHR
08 August 20231 ZAR = 215.6 KHR
09 August 20231 ZAR = 213.8 KHR
10 August 20231 ZAR = 213.4 KHR
11 August 20231 ZAR = 214.8 KHR
12 August 20231 ZAR = 217.8 KHR
14 August 20231 ZAR = 214.5 KHR
15 August 20231 ZAR = 216.3 KHR
16 August 20231 ZAR = 215.4 KHR
17 August 20231 ZAR = 215.2 KHR
18 August 20231 ZAR = 216.5 KHR
20 August 20231 ZAR = 217.6 KHR
21 August 20231 ZAR = 212.7 KHR
22 August 20231 ZAR = 218.3 KHR
23 August 20231 ZAR = 220.3 KHR
24 August 20231 ZAR = 224.1 KHR
25 August 20231 ZAR = 220.1 KHR
28 August 20231 ZAR = 218.2 KHR
29 August 20231 ZAR = 218.8 KHR
30 August 20231 ZAR = 220.0 KHR
31 August 20231 ZAR = 217.6 KHR

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

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.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

14/09/1961: Introduction of the Rand

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

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.