Historic South African rand Swedish krona

South African rand swedish krona history for January 2024. The highest quote for this month is 0.55792 (29/01/2024) and the lowest 0.55685 (29/01/2024). The difference between high and low is 0.19.

ZAR SEK average rate for January 2024 is 0.55081, the change between 01/01/2024 and 31/01/2024 is -0.52 %.

01 January 20241 ZAR = 0.5512 SEK
02 January 20241 ZAR = 0.5494 SEK
03 January 20241 ZAR = 0.5500 SEK
04 January 20241 ZAR = 0.5505 SEK
05 January 20241 ZAR = 0.5462 SEK
06 January 20241 ZAR = 0.5488 SEK
07 January 20241 ZAR = 0.5488 SEK
08 January 20241 ZAR = 0.5495 SEK
09 January 20241 ZAR = 0.5507 SEK
10 January 20241 ZAR = 0.5498 SEK
11 January 20241 ZAR = 0.5483 SEK
12 January 20241 ZAR = 0.5493 SEK
15 January 20241 ZAR = 0.5523 SEK
16 January 20241 ZAR = 0.5534 SEK
17 January 20241 ZAR = 0.5503 SEK
18 January 20241 ZAR = 0.5472 SEK
19 January 20241 ZAR = 0.5540 SEK
22 January 20241 ZAR = 0.5500 SEK
23 January 20241 ZAR = 0.5453 SEK
24 January 20241 ZAR = 0.5539 SEK
25 January 20241 ZAR = 0.5528 SEK
26 January 20241 ZAR = 0.5528 SEK
29 January 20241 ZAR = 0.5559 SEK
30 January 20241 ZAR = 0.5560 SEK
31 January 20241 ZAR = 0.5541 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.