Historic South African rand Salvadoran Colón

South African rand salvadoran colón history for November 2023. The highest quote for this month is 0.47635 (18/11/2023) and the lowest 0.47662 (18/11/2023). The difference between high and low is -0.06.

ZAR SVC average rate for November 2023 is 0.46217, the change between 01/11/2023 and 30/11/2023 is +0.52 %.

01 November 20231 ZAR = 0.4578 SVC
02 November 20231 ZAR = 0.4618 SVC
03 November 20231 ZAR = 0.4625 SVC
06 November 20231 ZAR = 0.4629 SVC
07 November 20231 ZAR = 0.4663 SVC
08 November 20231 ZAR = 0.4647 SVC
09 November 20231 ZAR = 0.4615 SVC
10 November 20231 ZAR = 0.4570 SVC
11 November 20231 ZAR = 0.4675 SVC
12 November 20231 ZAR = 0.4672 SVC
13 November 20231 ZAR = 0.4536 SVC
14 November 20231 ZAR = 0.4569 SVC
15 November 20231 ZAR = 0.4677 SVC
16 November 20231 ZAR = 0.4695 SVC
17 November 20231 ZAR = 0.4647 SVC
18 November 20231 ZAR = 0.4764 SVC
19 November 20231 ZAR = 0.4764 SVC
20 November 20231 ZAR = 0.4630 SVC
21 November 20231 ZAR = 0.4653 SVC
22 November 20231 ZAR = 0.4582 SVC
23 November 20231 ZAR = 0.4518 SVC
24 November 20231 ZAR = 0.4539 SVC
25 November 20231 ZAR = 0.4649 SVC
26 November 20231 ZAR = 0.4648 SVC
27 November 20231 ZAR = 0.4526 SVC
28 November 20231 ZAR = 0.4577 SVC
29 November 20231 ZAR = 0.4590 SVC
30 November 20231 ZAR = 0.4554 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.