South African rand canadian dollar exchange rate history (ZAR CAD) November 2023

South African rand canadian dollar history for November 2023. The highest quote for this month is 0.075064 (15/11/2023) and the lowest 0.075464 (15/11/2023). The difference between high and low is -0.53.

ZAR CAD average rate for November 2023 is 0.074, the change between 01/11/2023 and 30/11/2023 is +2.65 %.

01 November 2023	1 ZAR = 0.0745 CAD
02 November 2023	1 ZAR = 0.0750 CAD
03 November 2023	1 ZAR = 0.0747 CAD
06 November 2023	1 ZAR = 0.0748 CAD
07 November 2023	1 ZAR = 0.0749 CAD
08 November 2023	1 ZAR = 0.0751 CAD
09 November 2023	1 ZAR = 0.0746 CAD
10 November 2023	1 ZAR = 0.0740 CAD
11 November 2023	1 ZAR = 0.0737 CAD
12 November 2023	1 ZAR = 0.0737 CAD
13 November 2023	1 ZAR = 0.0737 CAD
14 November 2023	1 ZAR = 0.0739 CAD
15 November 2023	1 ZAR = 0.0752 CAD
16 November 2023	1 ZAR = 0.0753 CAD
17 November 2023	1 ZAR = 0.0749 CAD
18 November 2023	1 ZAR = 0.0747 CAD
19 November 2023	1 ZAR = 0.0746 CAD
20 November 2023	1 ZAR = 0.0748 CAD
21 November 2023	1 ZAR = 0.0749 CAD
22 November 2023	1 ZAR = 0.0736 CAD
23 November 2023	1 ZAR = 0.0726 CAD
24 November 2023	1 ZAR = 0.0728 CAD
25 November 2023	1 ZAR = 0.0724 CAD
26 November 2023	1 ZAR = 0.0724 CAD
27 November 2023	1 ZAR = 0.0726 CAD
28 November 2023	1 ZAR = 0.0730 CAD
29 November 2023	1 ZAR = 0.0730 CAD
30 November 2023	1 ZAR = 0.0726 CAD

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.

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

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.

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

14/09/1961: Introduction of the Rand

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

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.

Historic South African rand Canadian dollar