Historic South African rand South African rand

South African rand south african rand history for October 2023. The highest quote for this month is 1 (01/10/2023) and the lowest 1 (01/10/2023). The difference between high and low is 0.

ZAR ZAR average rate for October 2023 is 1, the change between 01/10/2023 and 31/10/2023 is 0 %.

01 October 20231 ZAR = 1.000 ZAR
02 October 20231 ZAR = 1.000 ZAR
03 October 20231 ZAR = 1.000 ZAR
04 October 20231 ZAR = 1.000 ZAR
05 October 20231 ZAR = 1.000 ZAR
06 October 20231 ZAR = 1.000 ZAR
07 October 20231 ZAR = 1.000 ZAR
08 October 20231 ZAR = 1.000 ZAR
09 October 20231 ZAR = 1.000 ZAR
10 October 20231 ZAR = 1.000 ZAR
11 October 20231 ZAR = 1.000 ZAR
12 October 20231 ZAR = 1.000 ZAR
13 October 20231 ZAR = 1.000 ZAR
16 October 20231 ZAR = 1.000 ZAR
17 October 20231 ZAR = 1.000 ZAR
18 October 20231 ZAR = 1.000 ZAR
19 October 20231 ZAR = 1.000 ZAR
20 October 20231 ZAR = 1.000 ZAR
21 October 20231 ZAR = 1.000 ZAR
22 October 20231 ZAR = 1.000 ZAR
23 October 20231 ZAR = 1.000 ZAR
24 October 20231 ZAR = 1.000 ZAR
25 October 20231 ZAR = 1.000 ZAR
26 October 20231 ZAR = 1.000 ZAR
27 October 20231 ZAR = 1.000 ZAR
28 October 20231 ZAR = 1.000 ZAR
29 October 20231 ZAR = 1.000 ZAR
30 October 20231 ZAR = 1.000 ZAR
31 October 20231 ZAR = 1.000 ZAR

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.

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.

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.

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.

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.

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.

01/08/1982: 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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
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