Historic South African rand Euro

South African rand euro history for March 2020. The highest quote for this month is 0.058441 (04/03/2020) and the lowest 0.059103 (09/03/2020). The difference between high and low is -1.13.

ZAR EUR average rate for March 2020 is 0.0545, the change between 01/03/2020 and 31/03/2020 is +11.9 %.

02 March 20201 ZAR = 0.0574 EUR
03 March 20201 ZAR = 0.0583 EUR
04 March 20201 ZAR = 0.0581 EUR
05 March 20201 ZAR = 0.0589 EUR
06 March 20201 ZAR = 0.0572 EUR
09 March 20201 ZAR = 0.0547 EUR
10 March 20201 ZAR = 0.0547 EUR
11 March 20201 ZAR = 0.0554 EUR
12 March 20201 ZAR = 0.0547 EUR
13 March 20201 ZAR = 0.0540 EUR
16 March 20201 ZAR = 0.0552 EUR
17 March 20201 ZAR = 0.0540 EUR
18 March 20201 ZAR = 0.0549 EUR
19 March 20201 ZAR = 0.0534 EUR
20 March 20201 ZAR = 0.0541 EUR
23 March 20201 ZAR = 0.0529 EUR
24 March 20201 ZAR = 0.0523 EUR
25 March 20201 ZAR = 0.0529 EUR
26 March 20201 ZAR = 0.0532 EUR
27 March 20201 ZAR = 0.0523 EUR
30 March 20201 ZAR = 0.0501 EUR
31 March 20201 ZAR = 0.0506 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.