South African rand somali shilling history for November 2023. The highest quote for this month is 31.1 (15/11/2023) and the lowest 31.39 (15/11/2023). The difference between high and low is -0.93.
ZAR SOS average rate for November 2023 is 30.67695, the change between 01/11/2023 and 30/11/2023 is +0.59 %.
01 November 2023 | 1 ZAR = 30.51 SOS |
02 November 2023 | 1 ZAR = 30.79 SOS |
03 November 2023 | 1 ZAR = 30.81 SOS |
06 November 2023 | 1 ZAR = 31.05 SOS |
07 November 2023 | 1 ZAR = 31.06 SOS |
08 November 2023 | 1 ZAR = 30.98 SOS |
09 November 2023 | 1 ZAR = 30.73 SOS |
10 November 2023 | 1 ZAR = 30.45 SOS |
13 November 2023 | 1 ZAR = 30.33 SOS |
14 November 2023 | 1 ZAR = 30.42 SOS |
15 November 2023 | 1 ZAR = 31.17 SOS |
16 November 2023 | 1 ZAR = 31.25 SOS |
17 November 2023 | 1 ZAR = 30.93 SOS |
20 November 2023 | 1 ZAR = 30.98 SOS |
21 November 2023 | 1 ZAR = 31.00 SOS |
22 November 2023 | 1 ZAR = 30.53 SOS |
23 November 2023 | 1 ZAR = 30.10 SOS |
24 November 2023 | 1 ZAR = 30.20 SOS |
27 November 2023 | 1 ZAR = 30.24 SOS |
28 November 2023 | 1 ZAR = 30.47 SOS |
29 November 2023 | 1 ZAR = 30.58 SOS |
30 November 2023 | 1 ZAR = 30.33 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.