South African rand salvadoran colón exchange rate history (ZAR SVC) August 2023

South African rand salvadoran colón history for August 2023. The highest quote for this month is 0.47416 (05/08/2023) and the lowest 0.47824 (01/08/2023). The difference between high and low is -0.86.

ZAR SVC average rate for August 2023 is 0.45687, the change between 01/08/2023 and 31/08/2023 is +4.51 %.

01 August 2023	1 ZAR = 0.4782 SVC
02 August 2023	1 ZAR = 0.4679 SVC
03 August 2023	1 ZAR = 0.4633 SVC
04 August 2023	1 ZAR = 0.4575 SVC
05 August 2023	1 ZAR = 0.4742 SVC
07 August 2023	1 ZAR = 0.4597 SVC
08 August 2023	1 ZAR = 0.4560 SVC
09 August 2023	1 ZAR = 0.4511 SVC
10 August 2023	1 ZAR = 0.4502 SVC
11 August 2023	1 ZAR = 0.4534 SVC
12 August 2023	1 ZAR = 0.4621 SVC
14 August 2023	1 ZAR = 0.4525 SVC
15 August 2023	1 ZAR = 0.4477 SVC
16 August 2023	1 ZAR = 0.4458 SVC
17 August 2023	1 ZAR = 0.4449 SVC
18 August 2023	1 ZAR = 0.4478 SVC
20 August 2023	1 ZAR = 0.4608 SVC
21 August 2023	1 ZAR = 0.4485 SVC
22 August 2023	1 ZAR = 0.4500 SVC
23 August 2023	1 ZAR = 0.4544 SVC
24 August 2023	1 ZAR = 0.4621 SVC
25 August 2023	1 ZAR = 0.4539 SVC
28 August 2023	1 ZAR = 0.4583 SVC
29 August 2023	1 ZAR = 0.4597 SVC
30 August 2023	1 ZAR = 0.4622 SVC
31 August 2023	1 ZAR = 0.4566 SVC

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.

14/09/1961: Introduction of the Rand

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