Historic South African rand Euro

South African rand euro history for February 2024. The highest quote for this month is 0.04941 (01/02/2024) and the lowest 0.049588 (01/02/2024). The difference between high and low is -0.36.

ZAR EUR average rate for February 2024 is 0.04882, the change between 01/02/2024 and 29/02/2024 is +3.63 %.

01 February 20241 ZAR = 0.0497 EUR
02 February 20241 ZAR = 0.0495 EUR
05 February 20241 ZAR = 0.0491 EUR
06 February 20241 ZAR = 0.0489 EUR
07 February 20241 ZAR = 0.0494 EUR
08 February 20241 ZAR = 0.0491 EUR
09 February 20241 ZAR = 0.0489 EUR
11 February 20241 ZAR = 0.0487 EUR
12 February 20241 ZAR = 0.0488 EUR
13 February 20241 ZAR = 0.0491 EUR
14 February 20241 ZAR = 0.0490 EUR
15 February 20241 ZAR = 0.0490 EUR
16 February 20241 ZAR = 0.0490 EUR
18 February 20241 ZAR = 0.0492 EUR
19 February 20241 ZAR = 0.0493 EUR
20 February 20241 ZAR = 0.0490 EUR
21 February 20241 ZAR = 0.0489 EUR
22 February 20241 ZAR = 0.0489 EUR
23 February 20241 ZAR = 0.0482 EUR
25 February 20241 ZAR = 0.0479 EUR
26 February 20241 ZAR = 0.0479 EUR
27 February 20241 ZAR = 0.0480 EUR
28 February 20241 ZAR = 0.0484 EUR
29 February 20241 ZAR = 0.0479 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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ZAR EUR February 2024
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