Historic South African rand Euro

South African rand euro history for January 2024. The highest quote for this month is 0.049372 (01/01/2024) and the lowest 0.049674 (02/01/2024). The difference between high and low is -0.61.

ZAR EUR average rate for January 2024 is 0.04887, the change between 01/01/2024 and 31/01/2024 is +0.81 %.

01 January 20241 ZAR = 0.0495 EUR
02 January 20241 ZAR = 0.0495 EUR
03 January 20241 ZAR = 0.0493 EUR
04 January 20241 ZAR = 0.0490 EUR
05 January 20241 ZAR = 0.0489 EUR
07 January 20241 ZAR = 0.0489 EUR
08 January 20241 ZAR = 0.0489 EUR
09 January 20241 ZAR = 0.0492 EUR
10 January 20241 ZAR = 0.0491 EUR
11 January 20241 ZAR = 0.0489 EUR
12 January 20241 ZAR = 0.0488 EUR
14 January 20241 ZAR = 0.0491 EUR
15 January 20241 ZAR = 0.0491 EUR
16 January 20241 ZAR = 0.0490 EUR
17 January 20241 ZAR = 0.0485 EUR
18 January 20241 ZAR = 0.0481 EUR
19 January 20241 ZAR = 0.0486 EUR
21 January 20241 ZAR = 0.0483 EUR
22 January 20241 ZAR = 0.0483 EUR
23 January 20241 ZAR = 0.0479 EUR
24 January 20241 ZAR = 0.0487 EUR
25 January 20241 ZAR = 0.0487 EUR
26 January 20241 ZAR = 0.0488 EUR
28 January 20241 ZAR = 0.0491 EUR
29 January 20241 ZAR = 0.0492 EUR
30 January 20241 ZAR = 0.0492 EUR
31 January 20241 ZAR = 0.0491 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.
ZAR EUR January 2024
ZAR EUR February 2024
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