South African rand chilean peso exchange rate history (ZAR CLP) August 2023

South African rand chilean peso history for August 2023. The highest quote for this month is 46.281 (01/08/2023) and the lowest 46.413 (23/08/2023). The difference between high and low is -0.29.

ZAR CLP average rate for August 2023 is 45.74912, the change between 01/08/2023 and 31/08/2023 is +3.17 %.

01 August 2023	1 ZAR = 47.06 CLP
02 August 2023	1 ZAR = 46.11 CLP
03 August 2023	1 ZAR = 45.79 CLP
04 August 2023	1 ZAR = 45.65 CLP
05 August 2023	1 ZAR = 46.15 CLP
07 August 2023	1 ZAR = 46.02 CLP
08 August 2023	1 ZAR = 45.92 CLP
09 August 2023	1 ZAR = 45.48 CLP
10 August 2023	1 ZAR = 45.45 CLP
11 August 2023	1 ZAR = 44.95 CLP
12 August 2023	1 ZAR = 45.38 CLP
14 August 2023	1 ZAR = 45.42 CLP
15 August 2023	1 ZAR = 45.09 CLP
16 August 2023	1 ZAR = 45.07 CLP
17 August 2023	1 ZAR = 45.36 CLP
18 August 2023	1 ZAR = 45.38 CLP
20 August 2023	1 ZAR = 45.71 CLP
21 August 2023	1 ZAR = 45.90 CLP
22 August 2023	1 ZAR = 45.88 CLP
23 August 2023	1 ZAR = 46.30 CLP
24 August 2023	1 ZAR = 47.07 CLP
25 August 2023	1 ZAR = 45.22 CLP
28 August 2023	1 ZAR = 45.38 CLP
29 August 2023	1 ZAR = 45.78 CLP
30 August 2023	1 ZAR = 46.40 CLP
31 August 2023	1 ZAR = 45.57 CLP

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.

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

14/09/1961: Introduction of the Rand

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

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.

Historic South African rand Chilean Peso