Historic South African rand Singapore dollar

South African rand singapore dollar history for January 2024. The highest quote for this month is 0.071896 (01/01/2024) and the lowest 0.072357 (02/01/2024). The difference between high and low is -0.64.

ZAR SGD average rate for January 2024 is 0.0712, the change between 01/01/2024 and 31/01/2024 is +1.22 %.

01 January 20241 ZAR = 0.0722 SGD
02 January 20241 ZAR = 0.0721 SGD
03 January 20241 ZAR = 0.0715 SGD
04 January 20241 ZAR = 0.0711 SGD
05 January 20241 ZAR = 0.0711 SGD
06 January 20241 ZAR = 0.0712 SGD
07 January 20241 ZAR = 0.0712 SGD
08 January 20241 ZAR = 0.0712 SGD
09 January 20241 ZAR = 0.0716 SGD
10 January 20241 ZAR = 0.0714 SGD
11 January 20241 ZAR = 0.0714 SGD
12 January 20241 ZAR = 0.0713 SGD
13 January 20241 ZAR = 0.0715 SGD
14 January 20241 ZAR = 0.0716 SGD
15 January 20241 ZAR = 0.0716 SGD
16 January 20241 ZAR = 0.0715 SGD
17 January 20241 ZAR = 0.0708 SGD
18 January 20241 ZAR = 0.0705 SGD
19 January 20241 ZAR = 0.0710 SGD
20 January 20241 ZAR = 0.0705 SGD
21 January 20241 ZAR = 0.0705 SGD
22 January 20241 ZAR = 0.0705 SGD
23 January 20241 ZAR = 0.0699 SGD
24 January 20241 ZAR = 0.0709 SGD
25 January 20241 ZAR = 0.0710 SGD
26 January 20241 ZAR = 0.0710 SGD
27 January 20241 ZAR = 0.0714 SGD
28 January 20241 ZAR = 0.0714 SGD
29 January 20241 ZAR = 0.0715 SGD
30 January 20241 ZAR = 0.0713 SGD
31 January 20241 ZAR = 0.0713 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

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.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
ZAR SGD July 2023
ZAR SGD August 2023
ZAR SGD September 2023
ZAR SGD October 2023
ZAR SGD November 2023
ZAR SGD December 2023
ZAR SGD January 2024
ZAR SGD February 2024
ZAR SGD March 2024
ZAR SGD April 2024
ZAR SGD May 2024
ZAR SGD June 2024
ZAR SGD July 2024