South African rand somali shilling history for February 2024. The highest quote for this month is 30.255 (01/02/2024) and the lowest 30.661 (02/02/2024). The difference between high and low is -1.34.
ZAR SOS average rate for February 2024 is 29.96257, the change between 01/02/2024 and 29/02/2024 is +3.32 %.
| 01 February 2024 | 1 ZAR = 30.52 SOS |
| 02 February 2024 | 1 ZAR = 30.60 SOS |
| 05 February 2024 | 1 ZAR = 30.03 SOS |
| 06 February 2024 | 1 ZAR = 29.77 SOS |
| 07 February 2024 | 1 ZAR = 30.19 SOS |
| 08 February 2024 | 1 ZAR = 30.06 SOS |
| 09 February 2024 | 1 ZAR = 29.95 SOS |
| 12 February 2024 | 1 ZAR = 29.93 SOS |
| 13 February 2024 | 1 ZAR = 30.06 SOS |
| 14 February 2024 | 1 ZAR = 29.78 SOS |
| 15 February 2024 | 1 ZAR = 29.85 SOS |
| 16 February 2024 | 1 ZAR = 30.15 SOS |
| 19 February 2024 | 1 ZAR = 30.33 SOS |
| 20 February 2024 | 1 ZAR = 29.99 SOS |
| 21 February 2024 | 1 ZAR = 30.04 SOS |
| 22 February 2024 | 1 ZAR = 30.06 SOS |
| 23 February 2024 | 1 ZAR = 29.66 SOS |
| 26 February 2024 | 1 ZAR = 29.42 SOS |
| 27 February 2024 | 1 ZAR = 29.56 SOS |
| 28 February 2024 | 1 ZAR = 29.79 SOS |
| 29 February 2024 | 1 ZAR = 29.50 SOS |
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.