Historic South African rand Swedish krona

South African rand swedish krona history for November 2023. The highest quote for this month is 0.6023 (02/11/2023) and the lowest 0.60446 (02/11/2023). The difference between high and low is -0.36.

ZAR SEK average rate for November 2023 is 0.57769, the change between 01/11/2023 and 30/11/2023 is +7.88 %.

01 November 20231 ZAR = 0.5999 SEK
02 November 20231 ZAR = 0.6047 SEK
03 November 20231 ZAR = 0.6040 SEK
06 November 20231 ZAR = 0.5956 SEK
07 November 20231 ZAR = 0.5968 SEK
08 November 20231 ZAR = 0.5956 SEK
09 November 20231 ZAR = 0.5891 SEK
10 November 20231 ZAR = 0.5854 SEK
13 November 20231 ZAR = 0.5811 SEK
14 November 20231 ZAR = 0.5802 SEK
15 November 20231 ZAR = 0.5810 SEK
16 November 20231 ZAR = 0.5795 SEK
17 November 20231 ZAR = 0.5762 SEK
20 November 20231 ZAR = 0.5741 SEK
21 November 20231 ZAR = 0.5696 SEK
22 November 20231 ZAR = 0.5613 SEK
23 November 20231 ZAR = 0.5552 SEK
24 November 20231 ZAR = 0.5575 SEK
27 November 20231 ZAR = 0.5562 SEK
28 November 20231 ZAR = 0.5588 SEK
29 November 20231 ZAR = 0.5551 SEK
30 November 20231 ZAR = 0.5526 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.