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

South African rand russian ruble history for September 2023. The highest quote for this month is 5.1513 (29/09/2023) and the lowest 5.1391 (04/09/2023). The difference between high and low is 0.24.

ZAR RUB average rate for September 2023 is 5.07937, the change between 01/09/2023 and 30/09/2023 is +0.23 %.

01 September 2023	1 ZAR = 5.09 RUB
04 September 2023	1 ZAR = 5.13 RUB
05 September 2023	1 ZAR = 5.04 RUB
06 September 2023	1 ZAR = 5.06 RUB
07 September 2023	1 ZAR = 5.09 RUB
08 September 2023	1 ZAR = 5.15 RUB
11 September 2023	1 ZAR = 5.13 RUB
12 September 2023	1 ZAR = 5.04 RUB
13 September 2023	1 ZAR = 5.01 RUB
14 September 2023	1 ZAR = 5.10 RUB
15 September 2023	1 ZAR = 5.02 RUB
18 September 2023	1 ZAR = 5.10 RUB
19 September 2023	1 ZAR = 5.05 RUB
20 September 2023	1 ZAR = 5.16 RUB
21 September 2023	1 ZAR = 5.09 RUB
22 September 2023	1 ZAR = 5.07 RUB
23 September 2023	1 ZAR = 5.08 RUB
25 September 2023	1 ZAR = 5.14 RUB
26 September 2023	1 ZAR = 5.05 RUB
27 September 2023	1 ZAR = 5.07 RUB
28 September 2023	1 ZAR = 5.00 RUB
29 September 2023	1 ZAR = 5.09 RUB
30 September 2023	1 ZAR = 5.08 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.