South African rand cayman islands dollar exchange rate history (ZAR KYD) October 2023

South African rand cayman islands dollar history for October 2023. The highest quote for this month is 0.043474 (28/10/2023) and the lowest 0.043558 (31/10/2023). The difference between high and low is -0.19.

ZAR KYD average rate for October 2023 is 0.04287, the change between 01/10/2023 and 31/10/2023 is +0.57 %.

01 October 2023	1 ZAR = 0.0435 KYD
02 October 2023	1 ZAR = 0.0432 KYD
03 October 2023	1 ZAR = 0.0424 KYD
04 October 2023	1 ZAR = 0.0422 KYD
05 October 2023	1 ZAR = 0.0421 KYD
06 October 2023	1 ZAR = 0.0416 KYD
07 October 2023	1 ZAR = 0.0425 KYD
08 October 2023	1 ZAR = 0.0425 KYD
09 October 2023	1 ZAR = 0.0419 KYD
10 October 2023	1 ZAR = 0.0425 KYD
11 October 2023	1 ZAR = 0.0429 KYD
12 October 2023	1 ZAR = 0.0433 KYD
13 October 2023	1 ZAR = 0.0428 KYD
16 October 2023	1 ZAR = 0.0429 KYD
17 October 2023	1 ZAR = 0.0434 KYD
18 October 2023	1 ZAR = 0.0433 KYD
19 October 2023	1 ZAR = 0.0429 KYD
20 October 2023	1 ZAR = 0.0428 KYD
21 October 2023	1 ZAR = 0.0434 KYD
22 October 2023	1 ZAR = 0.0432 KYD
23 October 2023	1 ZAR = 0.0429 KYD
24 October 2023	1 ZAR = 0.0430 KYD
25 October 2023	1 ZAR = 0.0429 KYD
26 October 2023	1 ZAR = 0.0426 KYD
27 October 2023	1 ZAR = 0.0430 KYD
28 October 2023	1 ZAR = 0.0435 KYD
29 October 2023	1 ZAR = 0.0435 KYD
30 October 2023	1 ZAR = 0.0433 KYD
31 October 2023	1 ZAR = 0.0432 KYD

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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

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.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

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.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

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 Cayman Islands dollar