South African rand dominican peso exchange rate history (ZAR DOP) December 2023

South African rand dominican peso history for December 2023. The highest quote for this month is 3.1217 (23/12/2023) and the lowest 3.1703 (25/12/2023). The difference between high and low is -1.56.

ZAR DOP average rate for December 2023 is 3.06057, the change between 01/12/2023 and 31/12/2023 is -3.25 %.

01 December 2023	1 ZAR = 3.002 DOP
02 December 2023	1 ZAR = 3.040 DOP
03 December 2023	1 ZAR = 3.040 DOP
04 December 2023	1 ZAR = 3.026 DOP
05 December 2023	1 ZAR = 3.008 DOP
06 December 2023	1 ZAR = 2.987 DOP
07 December 2023	1 ZAR = 2.962 DOP
08 December 2023	1 ZAR = 3.015 DOP
10 December 2023	1 ZAR = 2.995 DOP
11 December 2023	1 ZAR = 2.979 DOP
12 December 2023	1 ZAR = 2.973 DOP
13 December 2023	1 ZAR = 3.003 DOP
14 December 2023	1 ZAR = 3.012 DOP
15 December 2023	1 ZAR = 3.110 DOP
16 December 2023	1 ZAR = 3.114 DOP
17 December 2023	1 ZAR = 3.114 DOP
18 December 2023	1 ZAR = 3.105 DOP
19 December 2023	1 ZAR = 3.068 DOP
20 December 2023	1 ZAR = 3.113 DOP
21 December 2023	1 ZAR = 3.139 DOP
22 December 2023	1 ZAR = 3.158 DOP
23 December 2023	1 ZAR = 3.122 DOP
24 December 2023	1 ZAR = 3.122 DOP
25 December 2023	1 ZAR = 3.083 DOP
26 December 2023	1 ZAR = 3.089 DOP
27 December 2023	1 ZAR = 3.083 DOP
28 December 2023	1 ZAR = 3.134 DOP
29 December 2023	1 ZAR = 3.100 DOP

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.

01/10/2018: Redesign and Modernization of Banknotes

The Central Bank of the Dominican Republic unveils a redesigned series of banknotes with enhanced security features and modernized aesthetics.

01/12/2011: New Security Features

To combat counterfeiting, the Central Bank of the Dominican Republic introduces new security features on the Peso Dominicano banknotes.

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.

01/03/2004: Transition to the Peso Dominicano

The Dominican Republic transitions from the Peso Oro to the Peso Dominicano, a new currency with a different exchange rate, to improve monetary 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.

14/09/1961: Introduction of the Rand

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

11/10/1947: Introduction of the Peso Oro

The Peso Oro is introduced as a new currency in the Dominican Republic, replacing the previous Peso. It is pegged to the US dollar at a fixed exchange rate.

09/01/1905: The Monetary Law of 1905

The Dominican government enacts the Monetary Law of 1905, which establishes the gold standard for the Peso, linking its value to the US dollar.

17/03/1877: Introduction of Paper Money

The first paper money denominated in the Dominican Peso is introduced, replacing the previously used gold and silver coins.

27/02/1844: Dominican Independence

After gaining independence from Haiti, the Dominican Republic introduces its own currency, the Peso, as a symbol of its sovereignty.

Historic South African rand Dominican Peso