South African rand salvadoran colón history for July 2023. The highest quote for this month is 0.48195 (25/07/2023) and the lowest 0.48964 (27/07/2023). The difference between high and low is -1.6.
ZAR SVC average rate for July 2023 is 0.46878, the change between 01/07/2023 and 31/07/2023 is -7.28 %.
| 03 July 2023 | 1 ZAR = 0.4501 SVC |
| 04 July 2023 | 1 ZAR = 0.4548 SVC |
| 05 July 2023 | 1 ZAR = 0.4580 SVC |
| 06 July 2023 | 1 ZAR = 0.4545 SVC |
| 07 July 2023 | 1 ZAR = 0.4470 SVC |
| 10 July 2023 | 1 ZAR = 0.4500 SVC |
| 11 July 2023 | 1 ZAR = 0.4546 SVC |
| 12 July 2023 | 1 ZAR = 0.4632 SVC |
| 13 July 2023 | 1 ZAR = 0.4664 SVC |
| 14 July 2023 | 1 ZAR = 0.4764 SVC |
| 17 July 2023 | 1 ZAR = 0.4710 SVC |
| 18 July 2023 | 1 ZAR = 0.4736 SVC |
| 19 July 2023 | 1 ZAR = 0.4780 SVC |
| 20 July 2023 | 1 ZAR = 0.4788 SVC |
| 21 July 2023 | 1 ZAR = 0.4767 SVC |
| 24 July 2023 | 1 ZAR = 0.4754 SVC |
| 25 July 2023 | 1 ZAR = 0.4811 SVC |
| 26 July 2023 | 1 ZAR = 0.4871 SVC |
| 27 July 2023 | 1 ZAR = 0.4848 SVC |
| 28 July 2023 | 1 ZAR = 0.4798 SVC |
| 31 July 2023 | 1 ZAR = 0.4829 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.