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

South African rand russian ruble history for December 2023. The highest quote for this month is 5.0455 (23/12/2023) and the lowest 5.0721 (25/12/2023). The difference between high and low is -0.53.

ZAR RUB average rate for December 2023 is 4.89693, the change between 01/12/2023 and 31/12/2023 is +0.23 %.

01 December 2023	1 ZAR = 4.774 RUB
02 December 2023	1 ZAR = 4.893 RUB
03 December 2023	1 ZAR = 4.859 RUB
04 December 2023	1 ZAR = 4.906 RUB
05 December 2023	1 ZAR = 4.866 RUB
06 December 2023	1 ZAR = 4.759 RUB
07 December 2023	1 ZAR = 4.893 RUB
08 December 2023	1 ZAR = 4.913 RUB
10 December 2023	1 ZAR = 4.839 RUB
11 December 2023	1 ZAR = 4.873 RUB
12 December 2023	1 ZAR = 4.767 RUB
13 December 2023	1 ZAR = 4.770 RUB
14 December 2023	1 ZAR = 4.788 RUB
15 December 2023	1 ZAR = 4.887 RUB
16 December 2023	1 ZAR = 4.940 RUB
17 December 2023	1 ZAR = 4.929 RUB
18 December 2023	1 ZAR = 4.955 RUB
19 December 2023	1 ZAR = 4.871 RUB
20 December 2023	1 ZAR = 4.935 RUB
21 December 2023	1 ZAR = 4.934 RUB
22 December 2023	1 ZAR = 5.11 RUB
23 December 2023	1 ZAR = 5.00 RUB
24 December 2023	1 ZAR = 5.00 RUB
25 December 2023	1 ZAR = 4.987 RUB
26 December 2023	1 ZAR = 4.985 RUB
27 December 2023	1 ZAR = 4.912 RUB
28 December 2023	1 ZAR = 4.993 RUB
29 December 2023	1 ZAR = 4.763 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.