South African rand somali shilling history for September 2023. The highest quote for this month is 30.029 (25/09/2023) and the lowest 30.328 (01/09/2023). The difference between high and low is -1.
ZAR SOS average rate for September 2023 is 29.82829, the change between 01/09/2023 and 30/09/2023 is +0.57 %.
| 01 September 2023 | 1 ZAR = 30.00 SOS |
| 04 September 2023 | 1 ZAR = 30.06 SOS |
| 05 September 2023 | 1 ZAR = 29.58 SOS |
| 06 September 2023 | 1 ZAR = 29.55 SOS |
| 07 September 2023 | 1 ZAR = 29.42 SOS |
| 08 September 2023 | 1 ZAR = 29.59 SOS |
| 11 September 2023 | 1 ZAR = 29.69 SOS |
| 12 September 2023 | 1 ZAR = 30.04 SOS |
| 13 September 2023 | 1 ZAR = 29.91 SOS |
| 14 September 2023 | 1 ZAR = 30.09 SOS |
| 15 September 2023 | 1 ZAR = 29.70 SOS |
| 18 September 2023 | 1 ZAR = 29.83 SOS |
| 19 September 2023 | 1 ZAR = 29.78 SOS |
| 20 September 2023 | 1 ZAR = 29.94 SOS |
| 21 September 2023 | 1 ZAR = 29.97 SOS |
| 22 September 2023 | 1 ZAR = 29.87 SOS |
| 25 September 2023 | 1 ZAR = 30.20 SOS |
| 26 September 2023 | 1 ZAR = 30.16 SOS |
| 27 September 2023 | 1 ZAR = 29.69 SOS |
| 28 September 2023 | 1 ZAR = 29.48 SOS |
| 29 September 2023 | 1 ZAR = 29.83 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.