Historic South African rand Salvadoran Colón

South African rand salvadoran colón history for January 2024. The highest quote for this month is 0.47029 (13/01/2024) and the lowest 0.47029 (13/01/2024). The difference between high and low is 0.

ZAR SVC average rate for January 2024 is 0.45806, the change between 01/01/2024 and 31/01/2024 is +2.96 %.

01 January 20241 ZAR = 0.4680 SVC
02 January 20241 ZAR = 0.4676 SVC
03 January 20241 ZAR = 0.4599 SVC
04 January 20241 ZAR = 0.4564 SVC
05 January 20241 ZAR = 0.4565 SVC
06 January 20241 ZAR = 0.4685 SVC
07 January 20241 ZAR = 0.4685 SVC
08 January 20241 ZAR = 0.4556 SVC
09 January 20241 ZAR = 0.4593 SVC
10 January 20241 ZAR = 0.4575 SVC
11 January 20241 ZAR = 0.4578 SVC
12 January 20241 ZAR = 0.4576 SVC
13 January 20241 ZAR = 0.4703 SVC
14 January 20241 ZAR = 0.4703 SVC
15 January 20241 ZAR = 0.4578 SVC
16 January 20241 ZAR = 0.4570 SVC
17 January 20241 ZAR = 0.4505 SVC
18 January 20241 ZAR = 0.4470 SVC
19 January 20241 ZAR = 0.4508 SVC
20 January 20241 ZAR = 0.4603 SVC
21 January 20241 ZAR = 0.4603 SVC
22 January 20241 ZAR = 0.4484 SVC
23 January 20241 ZAR = 0.4443 SVC
24 January 20241 ZAR = 0.4508 SVC
25 January 20241 ZAR = 0.4517 SVC
26 January 20241 ZAR = 0.4520 SVC
27 January 20241 ZAR = 0.4660 SVC
28 January 20241 ZAR = 0.4659 SVC
29 January 20241 ZAR = 0.4551 SVC
30 January 20241 ZAR = 0.4539 SVC
31 January 20241 ZAR = 0.4541 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.