Historic South African rand Iranian Rial

South African rand iranian rial history for January 2024. The highest quote for this month is 2289.25 (01/01/2024) and the lowest 2304.54 (02/01/2024). The difference between high and low is -0.67.

ZAR IRR average rate for January 2024 is 2242.65667, the change between 01/01/2024 and 31/01/2024 is +2.71 %.

01 January 20241 ZAR = 2298.90 IRR
02 January 20241 ZAR = 2295.03 IRR
03 January 20241 ZAR = 2263.47 IRR
04 January 20241 ZAR = 2249.08 IRR
05 January 20241 ZAR = 2248.90 IRR
06 January 20241 ZAR = 2248.97 IRR
07 January 20241 ZAR = 2248.97 IRR
08 January 20241 ZAR = 2249.56 IRR
09 January 20241 ZAR = 2262.42 IRR
10 January 20241 ZAR = 2253.37 IRR
11 January 20241 ZAR = 2254.22 IRR
12 January 20241 ZAR = 2252.60 IRR
14 January 20241 ZAR = 2257.38 IRR
15 January 20241 ZAR = 2257.27 IRR
16 January 20241 ZAR = 2252.12 IRR
17 January 20241 ZAR = 2215.30 IRR
18 January 20241 ZAR = 2202.66 IRR
19 January 20241 ZAR = 2219.74 IRR
22 January 20241 ZAR = 2209.49 IRR
23 January 20241 ZAR = 2189.57 IRR
24 January 20241 ZAR = 2221.99 IRR
25 January 20241 ZAR = 2226.14 IRR
26 January 20241 ZAR = 2224.53 IRR
28 January 20241 ZAR = 2236.46 IRR
29 January 20241 ZAR = 2239.16 IRR
30 January 20241 ZAR = 2237.93 IRR
31 January 20241 ZAR = 2236.50 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
ZAR IRR March 2024
ZAR IRR April 2024
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ZAR IRR January 2025