Historic South African rand Euro

South African rand euro history for December 2021. The highest quote for this month is 0.056835 (27/12/2021) and the lowest 0.056965 (27/12/2021). The difference between high and low is -0.23.

ZAR EUR average rate for December 2021 is 0.05582, the change between 01/12/2021 and 31/12/2021 is +0.14 %.

01 December 20211 ZAR = 0.0556 EUR
02 December 20211 ZAR = 0.0552 EUR
03 December 20211 ZAR = 0.0556 EUR
06 December 20211 ZAR = 0.0552 EUR
07 December 20211 ZAR = 0.0557 EUR
08 December 20211 ZAR = 0.0560 EUR
09 December 20211 ZAR = 0.0563 EUR
10 December 20211 ZAR = 0.0556 EUR
13 December 20211 ZAR = 0.0554 EUR
14 December 20211 ZAR = 0.0554 EUR
15 December 20211 ZAR = 0.0552 EUR
16 December 20211 ZAR = 0.0555 EUR
17 December 20211 ZAR = 0.0554 EUR
20 December 20211 ZAR = 0.0559 EUR
21 December 20211 ZAR = 0.0563 EUR
22 December 20211 ZAR = 0.0560 EUR
23 December 20211 ZAR = 0.0562 EUR
24 December 20211 ZAR = 0.0565 EUR
27 December 20211 ZAR = 0.0569 EUR
28 December 20211 ZAR = 0.0568 EUR
29 December 20211 ZAR = 0.0562 EUR
30 December 20211 ZAR = 0.0553 EUR
31 December 20211 ZAR = 0.0556 EUR

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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

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.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

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.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

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.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.
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