Historic South African rand Nicaraguan córdoba

South African rand nicaraguan córdoba history for January 2024. The highest quote for this month is 1.9769 (01/01/2024) and the lowest 1.9842 (01/01/2024). The difference between high and low is -0.37.

ZAR NIO average rate for January 2024 is 1.94201, the change between 01/01/2024 and 31/01/2024 is +1.82 %.

01 January 20241 ZAR = 1.982 NIO
02 January 20241 ZAR = 1.981 NIO
03 January 20241 ZAR = 1.968 NIO
04 January 20241 ZAR = 1.956 NIO
05 January 20241 ZAR = 1.934 NIO
06 January 20241 ZAR = 1.961 NIO
07 January 20241 ZAR = 1.961 NIO
08 January 20241 ZAR = 1.932 NIO
09 January 20241 ZAR = 1.966 NIO
10 January 20241 ZAR = 1.938 NIO
11 January 20241 ZAR = 1.941 NIO
12 January 20241 ZAR = 1.940 NIO
13 January 20241 ZAR = 1.969 NIO
14 January 20241 ZAR = 1.969 NIO
15 January 20241 ZAR = 1.941 NIO
16 January 20241 ZAR = 1.937 NIO
17 January 20241 ZAR = 1.910 NIO
18 January 20241 ZAR = 1.913 NIO
19 January 20241 ZAR = 1.929 NIO
20 January 20241 ZAR = 1.927 NIO
21 January 20241 ZAR = 1.927 NIO
22 January 20241 ZAR = 1.901 NIO
23 January 20241 ZAR = 1.903 NIO
24 January 20241 ZAR = 1.930 NIO
25 January 20241 ZAR = 1.935 NIO
26 January 20241 ZAR = 1.933 NIO
27 January 20241 ZAR = 1.950 NIO
28 January 20241 ZAR = 1.950 NIO
29 January 20241 ZAR = 1.930 NIO
30 January 20241 ZAR = 1.944 NIO
31 January 20241 ZAR = 1.946 NIO

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.

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

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.

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national currency.

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.

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

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.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.
ZAR NIO January 2024
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ZAR NIO January 2025