Historic South African rand New Zealand Dollar

South African rand new zealand dollar history for February 2024. The highest quote for this month is 0.08759 (01/02/2024) and the lowest 0.087738 (01/02/2024). The difference between high and low is -0.17.

ZAR NZD average rate for February 2024 is 0.08598, the change between 01/02/2024 and 29/02/2024 is +3.09 %.

01 February 20241 ZAR = 0.0879 NZD
02 February 20241 ZAR = 0.0876 NZD
03 February 20241 ZAR = 0.0872 NZD
04 February 20241 ZAR = 0.0872 NZD
05 February 20241 ZAR = 0.0873 NZD
06 February 20241 ZAR = 0.0867 NZD
07 February 20241 ZAR = 0.0871 NZD
08 February 20241 ZAR = 0.0866 NZD
09 February 20241 ZAR = 0.0863 NZD
10 February 20241 ZAR = 0.0855 NZD
11 February 20241 ZAR = 0.0855 NZD
12 February 20241 ZAR = 0.0857 NZD
13 February 20241 ZAR = 0.0863 NZD
14 February 20241 ZAR = 0.0865 NZD
15 February 20241 ZAR = 0.0863 NZD
16 February 20241 ZAR = 0.0864 NZD
17 February 20241 ZAR = 0.0866 NZD
18 February 20241 ZAR = 0.0866 NZD
19 February 20241 ZAR = 0.0866 NZD
20 February 20241 ZAR = 0.0860 NZD
21 February 20241 ZAR = 0.0857 NZD
22 February 20241 ZAR = 0.0856 NZD
23 February 20241 ZAR = 0.0843 NZD
24 February 20241 ZAR = 0.0837 NZD
25 February 20241 ZAR = 0.0835 NZD
26 February 20241 ZAR = 0.0837 NZD
27 February 20241 ZAR = 0.0844 NZD
28 February 20241 ZAR = 0.0850 NZD
29 February 20241 ZAR = 0.0852 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.
ZAR NZD January 2024
ZAR NZD February 2024
ZAR NZD March 2024
ZAR NZD April 2024
ZAR NZD May 2024
ZAR NZD June 2024
ZAR NZD July 2024
ZAR NZD August 2024
ZAR NZD September 2024
ZAR NZD October 2024
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ZAR NZD December 2024
ZAR NZD January 2025