Historic South African rand Kenyan shilling

South African rand kenyan shilling history for February 2024. The highest quote for this month is 8.5491 (01/02/2024) and the lowest 8.6098 (02/02/2024). The difference between high and low is -0.71.

ZAR KES average rate for February 2024 is 8.00898, the change between 01/02/2024 and 29/02/2024 is +12.11 %.

01 February 20241 ZAR = 8.57 KES
02 February 20241 ZAR = 8.62 KES
03 February 20241 ZAR = 8.46 KES
04 February 20241 ZAR = 8.47 KES
05 February 20241 ZAR = 8.61 KES
06 February 20241 ZAR = 8.47 KES
07 February 20241 ZAR = 8.50 KES
08 February 20241 ZAR = 8.47 KES
09 February 20241 ZAR = 8.38 KES
12 February 20241 ZAR = 8.48 KES
13 February 20241 ZAR = 8.41 KES
14 February 20241 ZAR = 8.31 KES
15 February 20241 ZAR = 8.12 KES
16 February 20241 ZAR = 7.89 KES
17 February 20241 ZAR = 7.69 KES
18 February 20241 ZAR = 7.69 KES
19 February 20241 ZAR = 7.44 KES
20 February 20241 ZAR = 7.63 KES
21 February 20241 ZAR = 7.67 KES
22 February 20241 ZAR = 7.67 KES
23 February 20241 ZAR = 7.57 KES
24 February 20241 ZAR = 7.52 KES
25 February 20241 ZAR = 7.51 KES
26 February 20241 ZAR = 7.35 KES
27 February 20241 ZAR = 7.57 KES
28 February 20241 ZAR = 7.60 KES
29 February 20241 ZAR = 7.53 KES

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.

01/10/2019: New Generation Banknotes

Kenya introduced a new series of banknotes with enhanced security features and design elements to fight illicit financial activities.

01/07/2010: Introduction of New Currency Denominations

Kenya introduced new currency denominations, including the 1000 shilling note, to combat money laundering and illegal financial activities.

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.

14/09/1994: Transition to New Currency

Kenya introduced a new design of banknotes and coins to counter counterfeiting and promote national identity.

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.

01/07/1985: Second Devaluation of the Shilling

The Kenyan shilling was further devalued by 30% as part of economic reforms and structural adjustments.

01/08/1982: Currency Decimalization

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

14/09/1980: Devaluation of the Shilling

The Kenyan shilling was devalued by 30% as part of an austerity measure to address the country's economic challenges.

14/06/1969: Decimalization of the Shilling

Kenya decimalized its currency, dividing the shilling into 100 cents for easier transactions and financial calculations.

14/06/1966: Introduction of the Kenyan Shilling

The Kenyan shilling was introduced as the official currency of Kenya replacing the East African shilling as a result of Kenya's independence from British colonial rule.

14/09/1961: Introduction of the Rand

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