Historic South African rand Iranian Rial

South African rand iranian rial history for February 2024. The highest quote for this month is 2237.95 (01/02/2024) and the lowest 2267.16 (02/02/2024). The difference between high and low is -1.31.

ZAR IRR average rate for February 2024 is 2213.95667, the change between 01/02/2024 and 29/02/2024 is +3.3 %.

01 February 20241 ZAR = 2257.23 IRR
02 February 20241 ZAR = 2262.29 IRR
03 February 20241 ZAR = 2222.26 IRR
04 February 20241 ZAR = 2224.25 IRR
05 February 20241 ZAR = 2225.63 IRR
06 February 20241 ZAR = 2204.85 IRR
07 February 20241 ZAR = 2232.48 IRR
08 February 20241 ZAR = 2222.37 IRR
09 February 20241 ZAR = 2215.23 IRR
12 February 20241 ZAR = 2213.32 IRR
13 February 20241 ZAR = 2222.39 IRR
14 February 20241 ZAR = 2201.91 IRR
15 February 20241 ZAR = 2207.21 IRR
16 February 20241 ZAR = 2217.85 IRR
17 February 20241 ZAR = 2228.96 IRR
18 February 20241 ZAR = 2228.96 IRR
19 February 20241 ZAR = 2231.06 IRR
20 February 20241 ZAR = 2217.61 IRR
21 February 20241 ZAR = 2222.25 IRR
22 February 20241 ZAR = 2223.47 IRR
23 February 20241 ZAR = 2193.72 IRR
24 February 20241 ZAR = 2178.84 IRR
25 February 20241 ZAR = 2175.60 IRR
26 February 20241 ZAR = 2175.77 IRR
27 February 20241 ZAR = 2186.07 IRR
28 February 20241 ZAR = 2202.48 IRR
29 February 20241 ZAR = 2182.77 IRR

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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
ZAR IRR January 2024
ZAR IRR February 2024
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ZAR IRR January 2025