Historic South African rand Swedish krona

South African rand swedish krona history for February 2024. The highest quote for this month is 0.55851 (01/02/2024) and the lowest 0.55914 (01/02/2024). The difference between high and low is -0.11.

ZAR SEK average rate for February 2024 is 0.54972, the change between 01/02/2024 and 29/02/2024 is +3.96 %.

01 February 20241 ZAR = 0.5588 SEK
02 February 20241 ZAR = 0.5589 SEK
05 February 20241 ZAR = 0.5563 SEK
06 February 20241 ZAR = 0.5565 SEK
07 February 20241 ZAR = 0.5580 SEK
08 February 20241 ZAR = 0.5539 SEK
09 February 20241 ZAR = 0.5520 SEK
12 February 20241 ZAR = 0.5503 SEK
13 February 20241 ZAR = 0.5502 SEK
14 February 20241 ZAR = 0.5546 SEK
15 February 20241 ZAR = 0.5521 SEK
16 February 20241 ZAR = 0.5516 SEK
17 February 20241 ZAR = 0.5539 SEK
18 February 20241 ZAR = 0.5539 SEK
19 February 20241 ZAR = 0.5534 SEK
20 February 20241 ZAR = 0.5486 SEK
21 February 20241 ZAR = 0.5478 SEK
22 February 20241 ZAR = 0.5481 SEK
23 February 20241 ZAR = 0.5388 SEK
26 February 20241 ZAR = 0.5344 SEK
27 February 20241 ZAR = 0.5348 SEK
28 February 20241 ZAR = 0.5403 SEK
29 February 20241 ZAR = 0.5366 SEK

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.