Historic South African rand Swedish krona

South African rand swedish krona history for July 2023. The highest quote for this month is 0.59256 (31/07/2023) and the lowest 0.59853 (31/07/2023). The difference between high and low is -1.01.

ZAR SEK average rate for July 2023 is 0.57863, the change between 01/07/2023 and 31/07/2023 is -4.4 %.

03 July 20231 ZAR = 0.5730 SEK
04 July 20231 ZAR = 0.5786 SEK
05 July 20231 ZAR = 0.5801 SEK
06 July 20231 ZAR = 0.5836 SEK
07 July 20231 ZAR = 0.5727 SEK
10 July 20231 ZAR = 0.5758 SEK
11 July 20231 ZAR = 0.5732 SEK
12 July 20231 ZAR = 0.5772 SEK
13 July 20231 ZAR = 0.5720 SEK
14 July 20231 ZAR = 0.5694 SEK
17 July 20231 ZAR = 0.5662 SEK
18 July 20231 ZAR = 0.5683 SEK
19 July 20231 ZAR = 0.5712 SEK
20 July 20231 ZAR = 0.5759 SEK
21 July 20231 ZAR = 0.5777 SEK
24 July 20231 ZAR = 0.5790 SEK
25 July 20231 ZAR = 0.5869 SEK
26 July 20231 ZAR = 0.5919 SEK
27 July 20231 ZAR = 0.5907 SEK
28 July 20231 ZAR = 0.5898 SEK
31 July 20231 ZAR = 0.5982 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.