South African rand new zealand dollar exchange rate history (ZAR NZD) December 2023

South African rand new zealand dollar history for December 2023. The highest quote for this month is 0.087864 (15/12/2023) and the lowest 0.08868 (15/12/2023). The difference between high and low is -0.93.

ZAR NZD average rate for December 2023 is 0.08646, the change between 01/12/2023 and 31/12/2023 is -0.28 %.

01 December 2023	1 ZAR = 0.0862 NZD
02 December 2023	1 ZAR = 0.0864 NZD
03 December 2023	1 ZAR = 0.0866 NZD
04 December 2023	1 ZAR = 0.0866 NZD
05 December 2023	1 ZAR = 0.0863 NZD
06 December 2023	1 ZAR = 0.0860 NZD
07 December 2023	1 ZAR = 0.0859 NZD
08 December 2023	1 ZAR = 0.0863 NZD
10 December 2023	1 ZAR = 0.0861 NZD
11 December 2023	1 ZAR = 0.0864 NZD
12 December 2023	1 ZAR = 0.0856 NZD
13 December 2023	1 ZAR = 0.0861 NZD
14 December 2023	1 ZAR = 0.0866 NZD
15 December 2023	1 ZAR = 0.0879 NZD
16 December 2023	1 ZAR = 0.0878 NZD
17 December 2023	1 ZAR = 0.0878 NZD
18 December 2023	1 ZAR = 0.0881 NZD
19 December 2023	1 ZAR = 0.0866 NZD
20 December 2023	1 ZAR = 0.0870 NZD
21 December 2023	1 ZAR = 0.0876 NZD
22 December 2023	1 ZAR = 0.0875 NZD
23 December 2023	1 ZAR = 0.0861 NZD
24 December 2023	1 ZAR = 0.0861 NZD
25 December 2023	1 ZAR = 0.0857 NZD
26 December 2023	1 ZAR = 0.0860 NZD
27 December 2023	1 ZAR = 0.0847 NZD
28 December 2023	1 ZAR = 0.0858 NZD
29 December 2023	1 ZAR = 0.0850 NZD
30 December 2023	1 ZAR = 0.0865 NZD
31 December 2023	1 ZAR = 0.0865 NZD

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.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

01/08/1982: Currency Decimalization

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

14/09/1961: Introduction of the Rand

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

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

Historic South African rand New Zealand Dollar