South African rand singapore dollar exchange rate history (ZAR SGD) June 2023

South African rand singapore dollar history for June 2023. The highest quote for this month is 0.07343 (19/06/2023) and the lowest 0.073931 (20/06/2023). The difference between high and low is -0.68.

ZAR SGD average rate for June 2023 is 0.07168, the change between 01/06/2023 and 30/06/2023 is -5.42 %.

01 June 2023	1 ZAR = 0.0686 SGD
02 June 2023	1 ZAR = 0.0687 SGD
03 June 2023	1 ZAR = 0.0692 SGD
04 June 2023	1 ZAR = 0.0692 SGD
05 June 2023	1 ZAR = 0.0692 SGD
06 June 2023	1 ZAR = 0.0701 SGD
07 June 2023	1 ZAR = 0.0703 SGD
08 June 2023	1 ZAR = 0.0707 SGD
09 June 2023	1 ZAR = 0.0713 SGD
10 June 2023	1 ZAR = 0.0718 SGD
12 June 2023	1 ZAR = 0.0719 SGD
13 June 2023	1 ZAR = 0.0724 SGD
14 June 2023	1 ZAR = 0.0722 SGD
15 June 2023	1 ZAR = 0.0733 SGD
16 June 2023	1 ZAR = 0.0735 SGD
19 June 2023	1 ZAR = 0.0735 SGD
20 June 2023	1 ZAR = 0.0739 SGD
21 June 2023	1 ZAR = 0.0731 SGD
22 June 2023	1 ZAR = 0.0733 SGD
23 June 2023	1 ZAR = 0.0727 SGD
25 June 2023	1 ZAR = 0.0723 SGD
26 June 2023	1 ZAR = 0.0722 SGD
27 June 2023	1 ZAR = 0.0726 SGD
28 June 2023	1 ZAR = 0.0729 SGD
29 June 2023	1 ZAR = 0.0726 SGD
30 June 2023	1 ZAR = 0.0723 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.

Historic South African rand Singapore dollar