Historic South African rand Iraqi dinar

South African rand iraqi dinar history for February 2024. The highest quote for this month is 69.671 (01/02/2024) and the lowest 69.469 (17/02/2024). The difference between high and low is 0.29.

ZAR IQD average rate for February 2024 is 68.61493, the change between 01/02/2024 and 29/02/2024 is +5.43 %.

01 February 20241 ZAR = 70.27 IQD
02 February 20241 ZAR = 70.45 IQD
03 February 20241 ZAR = 69.26 IQD
04 February 20241 ZAR = 69.32 IQD
05 February 20241 ZAR = 68.54 IQD
06 February 20241 ZAR = 67.38 IQD
07 February 20241 ZAR = 69.51 IQD
08 February 20241 ZAR = 69.16 IQD
09 February 20241 ZAR = 68.96 IQD
12 February 20241 ZAR = 67.51 IQD
13 February 20241 ZAR = 69.21 IQD
14 February 20241 ZAR = 68.57 IQD
15 February 20241 ZAR = 68.74 IQD
16 February 20241 ZAR = 69.06 IQD
17 February 20241 ZAR = 69.47 IQD
18 February 20241 ZAR = 69.47 IQD
19 February 20241 ZAR = 68.11 IQD
20 February 20241 ZAR = 67.69 IQD
21 February 20241 ZAR = 69.18 IQD
22 February 20241 ZAR = 69.22 IQD
23 February 20241 ZAR = 68.31 IQD
24 February 20241 ZAR = 67.91 IQD
25 February 20241 ZAR = 67.81 IQD
26 February 20241 ZAR = 66.36 IQD
27 February 20241 ZAR = 68.08 IQD
28 February 20241 ZAR = 68.59 IQD
29 February 20241 ZAR = 66.46 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

01/08/1982: Currency Decimalization

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

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

14/09/1961: Introduction of the Rand

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

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
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