Historic South African rand New Zealand Dollar

South African rand new zealand dollar history for January 2024. The highest quote for this month is 0.087408 (27/01/2024) and the lowest 0.087408 (27/01/2024). The difference between high and low is 0.

ZAR NZD average rate for January 2024 is 0.08629, the change between 01/01/2024 and 31/01/2024 is -0.27 %.

01 January 20241 ZAR = 0.0866 NZD
02 January 20241 ZAR = 0.0865 NZD
03 January 20241 ZAR = 0.0862 NZD
04 January 20241 ZAR = 0.0857 NZD
05 January 20241 ZAR = 0.0859 NZD
06 January 20241 ZAR = 0.0858 NZD
07 January 20241 ZAR = 0.0857 NZD
08 January 20241 ZAR = 0.0857 NZD
09 January 20241 ZAR = 0.0862 NZD
10 January 20241 ZAR = 0.0860 NZD
11 January 20241 ZAR = 0.0862 NZD
12 January 20241 ZAR = 0.0859 NZD
13 January 20241 ZAR = 0.0860 NZD
14 January 20241 ZAR = 0.0860 NZD
15 January 20241 ZAR = 0.0862 NZD
16 January 20241 ZAR = 0.0866 NZD
17 January 20241 ZAR = 0.0859 NZD
18 January 20241 ZAR = 0.0857 NZD
19 January 20241 ZAR = 0.0864 NZD
20 January 20241 ZAR = 0.0861 NZD
21 January 20241 ZAR = 0.0860 NZD
22 January 20241 ZAR = 0.0860 NZD
23 January 20241 ZAR = 0.0858 NZD
24 January 20241 ZAR = 0.0866 NZD
25 January 20241 ZAR = 0.0867 NZD
26 January 20241 ZAR = 0.0867 NZD
27 January 20241 ZAR = 0.0874 NZD
28 January 20241 ZAR = 0.0874 NZD
29 January 20241 ZAR = 0.0875 NZD
30 January 20241 ZAR = 0.0868 NZD
31 January 20241 ZAR = 0.0868 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 July 2023
ZAR NZD August 2023
ZAR NZD September 2023
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ZAR NZD December 2023
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