Historic South African rand Peruvian sol

South African rand peruvian sol history for December 2023. The highest quote for this month is 0.20499 (16/12/2023) and the lowest 0.20541 (16/12/2023). The difference between high and low is -0.2.

ZAR PEN average rate for December 2023 is 0.1996, the change between 01/12/2023 and 31/12/2023 is -2.69 %.

01 December 20231 ZAR = 0.1941 PEN
02 December 20231 ZAR = 0.2005 PEN
03 December 20231 ZAR = 0.2005 PEN
04 December 20231 ZAR = 0.1974 PEN
05 December 20231 ZAR = 0.1949 PEN
06 December 20231 ZAR = 0.1941 PEN
07 December 20231 ZAR = 0.1981 PEN
08 December 20231 ZAR = 0.1996 PEN
10 December 20231 ZAR = 0.1978 PEN
11 December 20231 ZAR = 0.1952 PEN
12 December 20231 ZAR = 0.1978 PEN
13 December 20231 ZAR = 0.1957 PEN
14 December 20231 ZAR = 0.2032 PEN
15 December 20231 ZAR = 0.2055 PEN
16 December 20231 ZAR = 0.2050 PEN
17 December 20231 ZAR = 0.2050 PEN
18 December 20231 ZAR = 0.2031 PEN
19 December 20231 ZAR = 0.1985 PEN
20 December 20231 ZAR = 0.2043 PEN
21 December 20231 ZAR = 0.2029 PEN
22 December 20231 ZAR = 0.2040 PEN
23 December 20231 ZAR = 0.2012 PEN
24 December 20231 ZAR = 0.1997 PEN
25 December 20231 ZAR = 0.1963 PEN
26 December 20231 ZAR = 0.1965 PEN
27 December 20231 ZAR = 0.1977 PEN
28 December 20231 ZAR = 0.2010 PEN
29 December 20231 ZAR = 0.1993 PEN

27/07/2020: Transition to Sol

Peru announced the removal of 'Nuevo' from the currency's name, making it officially known as the Sol once again.

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.

15/12/2015: Introduction of New Sol Banknotes

New series of banknotes featuring improved security features and designs were introduced for the Nuevo Sol.

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.

01/10/1995: Introduction of Nuevo Sol

The Peruvian Sol was revalued and renamed as the Nuevo Sol, with a new currency code of PEN.

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.

01/07/1991: Return to the Sol

Peru reintroduced the Sol as its official currency, replacing the Inti at a rate of 1 million Intis to 1 Sol.

01/02/1985: Creation of the Inti

The Peruvian Inti was created to replace the Sol as the official currency as part of an economic reform plan.

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.

01/07/1880: Adoption of the Sol de Oro Standard

Peru adopted the Sol de Oro standard, pegging the Sol to gold at a fixed rate.

23/11/1850: Introducción of Peruvian Sol

The Peruvian Sol was introduced as the official currency of Peru to replace the Spanish real.