South African rand iraqi dinar exchange rate history (ZAR IQD) September 2023

South African rand iraqi dinar history for September 2023. The highest quote for this month is 69.184 (30/09/2023) and the lowest 70.021 (23/09/2023). The difference between high and low is -1.21.

ZAR IQD average rate for September 2023 is 68.57383, the change between 01/09/2023 and 30/09/2023 is -2.02 %.

01 September 2023	1 ZAR = 67.82 IQD
04 September 2023	1 ZAR = 68.51 IQD
05 September 2023	1 ZAR = 67.16 IQD
06 September 2023	1 ZAR = 67.14 IQD
07 September 2023	1 ZAR = 68.12 IQD
08 September 2023	1 ZAR = 68.32 IQD
11 September 2023	1 ZAR = 67.15 IQD
12 September 2023	1 ZAR = 69.42 IQD
13 September 2023	1 ZAR = 69.07 IQD
14 September 2023	1 ZAR = 69.49 IQD
15 September 2023	1 ZAR = 68.75 IQD
18 September 2023	1 ZAR = 67.42 IQD
19 September 2023	1 ZAR = 68.82 IQD
20 September 2023	1 ZAR = 69.29 IQD
21 September 2023	1 ZAR = 69.39 IQD
22 September 2023	1 ZAR = 68.97 IQD
23 September 2023	1 ZAR = 69.77 IQD
25 September 2023	1 ZAR = 68.13 IQD
26 September 2023	1 ZAR = 69.70 IQD
27 September 2023	1 ZAR = 68.57 IQD
28 September 2023	1 ZAR = 68.13 IQD
29 September 2023	1 ZAR = 68.89 IQD
30 September 2023	1 ZAR = 69.18 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.

Historic South African rand Iraqi dinar