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

South African rand russian ruble history for October 2023. The highest quote for this month is 5.2981 (09/10/2023) and the lowest 5.2933 (11/10/2023). The difference between high and low is 0.09.

ZAR RUB average rate for October 2023 is 5.09902, the change between 01/10/2023 and 31/10/2023 is +3.92 %.

01 October 2023	1 ZAR = 5.11 RUB
02 October 2023	1 ZAR = 5.19 RUB
03 October 2023	1 ZAR = 5.14 RUB
04 October 2023	1 ZAR = 5.23 RUB
05 October 2023	1 ZAR = 5.15 RUB
06 October 2023	1 ZAR = 5.13 RUB
07 October 2023	1 ZAR = 5.21 RUB
09 October 2023	1 ZAR = 5.22 RUB
10 October 2023	1 ZAR = 5.18 RUB
11 October 2023	1 ZAR = 5.28 RUB
12 October 2023	1 ZAR = 5.20 RUB
13 October 2023	1 ZAR = 5.14 RUB
16 October 2023	1 ZAR = 5.15 RUB
17 October 2023	1 ZAR = 5.18 RUB
18 October 2023	1 ZAR = 5.21 RUB
19 October 2023	1 ZAR = 5.17 RUB
20 October 2023	1 ZAR = 5.06 RUB
21 October 2023	1 ZAR = 5.07 RUB
22 October 2023	1 ZAR = 5.04 RUB
23 October 2023	1 ZAR = 5.03 RUB
24 October 2023	1 ZAR = 4.985 RUB
25 October 2023	1 ZAR = 4.916 RUB
26 October 2023	1 ZAR = 4.913 RUB
27 October 2023	1 ZAR = 4.945 RUB
28 October 2023	1 ZAR = 4.992 RUB
29 October 2023	1 ZAR = 5.01 RUB
30 October 2023	1 ZAR = 5.02 RUB
31 October 2023	1 ZAR = 4.912 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.