Historic South African rand Salvadoran Colón

South African rand salvadoran colón history for October 2023. The highest quote for this month is 0.4639 (28/10/2023) and the lowest 0.4639 (28/10/2023). The difference between high and low is 0.

ZAR SVC average rate for October 2023 is 0.45078, the change between 01/10/2023 and 31/10/2023 is +2.48 %.

01 October 20231 ZAR = 0.4637 SVC
02 October 20231 ZAR = 0.4525 SVC
03 October 20231 ZAR = 0.4439 SVC
04 October 20231 ZAR = 0.4417 SVC
05 October 20231 ZAR = 0.4407 SVC
06 October 20231 ZAR = 0.4356 SVC
07 October 20231 ZAR = 0.4535 SVC
08 October 20231 ZAR = 0.4536 SVC
09 October 20231 ZAR = 0.4383 SVC
10 October 20231 ZAR = 0.4452 SVC
11 October 20231 ZAR = 0.4488 SVC
12 October 20231 ZAR = 0.4532 SVC
13 October 20231 ZAR = 0.4484 SVC
16 October 20231 ZAR = 0.4494 SVC
17 October 20231 ZAR = 0.4541 SVC
18 October 20231 ZAR = 0.4529 SVC
19 October 20231 ZAR = 0.4492 SVC
20 October 20231 ZAR = 0.4484 SVC
21 October 20231 ZAR = 0.4634 SVC
22 October 20231 ZAR = 0.4609 SVC
23 October 20231 ZAR = 0.4485 SVC
24 October 20231 ZAR = 0.4496 SVC
25 October 20231 ZAR = 0.4484 SVC
26 October 20231 ZAR = 0.4456 SVC
27 October 20231 ZAR = 0.4502 SVC
28 October 20231 ZAR = 0.4639 SVC
29 October 20231 ZAR = 0.4639 SVC
30 October 20231 ZAR = 0.4531 SVC
31 October 20231 ZAR = 0.4522 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.