South African rand russian ruble exchange rate history (ZAR RUB) August 2023

South African rand russian ruble history for August 2023. The highest quote for this month is 5.3414 (14/08/2023) and the lowest 5.2093 (12/08/2023). The difference between high and low is 2.47.

ZAR RUB average rate for August 2023 is 5.09517, the change between 01/08/2023 and 31/08/2023 is -0.36 %.

01 August 2023	1 ZAR = 5.13 RUB
02 August 2023	1 ZAR = 5.06 RUB
03 August 2023	1 ZAR = 5.10 RUB
04 August 2023	1 ZAR = 5.10 RUB
05 August 2023	1 ZAR = 5.17 RUB
07 August 2023	1 ZAR = 5.20 RUB
08 August 2023	1 ZAR = 5.12 RUB
09 August 2023	1 ZAR = 5.14 RUB
10 August 2023	1 ZAR = 5.11 RUB
11 August 2023	1 ZAR = 5.15 RUB
12 August 2023	1 ZAR = 5.20 RUB
14 August 2023	1 ZAR = 5.28 RUB
15 August 2023	1 ZAR = 5.09 RUB
16 August 2023	1 ZAR = 5.15 RUB
17 August 2023	1 ZAR = 4.927 RUB
18 August 2023	1 ZAR = 4.958 RUB
20 August 2023	1 ZAR = 4.897 RUB
21 August 2023	1 ZAR = 5.02 RUB
22 August 2023	1 ZAR = 4.935 RUB
23 August 2023	1 ZAR = 5.03 RUB
24 August 2023	1 ZAR = 5.15 RUB
25 August 2023	1 ZAR = 5.03 RUB
28 August 2023	1 ZAR = 5.13 RUB
29 August 2023	1 ZAR = 5.09 RUB
30 August 2023	1 ZAR = 5.17 RUB
31 August 2023	1 ZAR = 5.15 RUB

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.

14/09/1961: Introduction of the Rand

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