Historic South African rand Philippine peso

South African rand philippine peso history for January 2024. The highest quote for this month is 3.019 (01/01/2024) and the lowest 3.0382 (02/01/2024). The difference between high and low is -0.64.

ZAR PHP average rate for January 2024 is 2.98459, the change between 01/01/2024 and 31/01/2024 is +0.86 %.

01 January 20241 ZAR = 3.024 PHP
02 January 20241 ZAR = 3.027 PHP
03 January 20241 ZAR = 2.994 PHP
04 January 20241 ZAR = 2.981 PHP
05 January 20241 ZAR = 2.971 PHP
06 January 20241 ZAR = 2.976 PHP
07 January 20241 ZAR = 2.978 PHP
08 January 20241 ZAR = 2.972 PHP
09 January 20241 ZAR = 2.998 PHP
10 January 20241 ZAR = 3.009 PHP
11 January 20241 ZAR = 3.007 PHP
12 January 20241 ZAR = 3.001 PHP
13 January 20241 ZAR = 3.005 PHP
14 January 20241 ZAR = 3.005 PHP
15 January 20241 ZAR = 2.998 PHP
16 January 20241 ZAR = 2.988 PHP
17 January 20241 ZAR = 2.949 PHP
18 January 20241 ZAR = 2.930 PHP
19 January 20241 ZAR = 2.944 PHP
22 January 20241 ZAR = 2.939 PHP
23 January 20241 ZAR = 2.935 PHP
24 January 20241 ZAR = 2.976 PHP
25 January 20241 ZAR = 2.976 PHP
26 January 20241 ZAR = 2.993 PHP
28 January 20241 ZAR = 2.999 PHP
29 January 20241 ZAR = 2.997 PHP
30 January 20241 ZAR = 2.999 PHP
31 January 20241 ZAR = 2.998 PHP

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.

15/12/2008: 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.

01/01/1995: 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.

01/08/1982: Currency Decimalization

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

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

14/09/1961: Introduction of the Rand

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

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.
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