Historic South African rand Kenyan shilling

South African rand kenyan shilling history for January 2024. The highest quote for this month is 8.621 (28/01/2024) and the lowest 8.6263 (28/01/2024). The difference between high and low is -0.06.

ZAR KES average rate for January 2024 is 8.46886, the change between 01/01/2024 and 31/01/2024 is +0.03 %.

01 January 20241 ZAR = 8.54 KES
02 January 20241 ZAR = 8.55 KES
03 January 20241 ZAR = 8.43 KES
04 January 20241 ZAR = 8.37 KES
05 January 20241 ZAR = 8.38 KES
06 January 20241 ZAR = 8.42 KES
07 January 20241 ZAR = 8.42 KES
08 January 20241 ZAR = 8.25 KES
09 January 20241 ZAR = 8.44 KES
10 January 20241 ZAR = 8.44 KES
11 January 20241 ZAR = 8.48 KES
12 January 20241 ZAR = 8.50 KES
14 January 20241 ZAR = 8.54 KES
15 January 20241 ZAR = 8.42 KES
16 January 20241 ZAR = 8.53 KES
17 January 20241 ZAR = 8.31 KES
18 January 20241 ZAR = 8.31 KES
19 January 20241 ZAR = 8.50 KES
22 January 20241 ZAR = 8.30 KES
23 January 20241 ZAR = 8.41 KES
24 January 20241 ZAR = 8.57 KES
25 January 20241 ZAR = 8.61 KES
26 January 20241 ZAR = 8.63 KES
28 January 20241 ZAR = 8.63 KES
29 January 20241 ZAR = 8.60 KES
30 January 20241 ZAR = 8.57 KES
31 January 20241 ZAR = 8.53 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.
ZAR KES January 2024
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