Historic South African rand Tanzanian Shilling

South African rand tanzanian shilling history for January 2024. The highest quote for this month is 136.81 (01/01/2024) and the lowest 137.67 (02/01/2024). The difference between high and low is -0.63.

ZAR TZS average rate for January 2024 is 133.90111, the change between 01/01/2024 and 31/01/2024 is +0.03 %.

01 January 20241 ZAR = 135.6 TZS
02 January 20241 ZAR = 135.5 TZS
03 January 20241 ZAR = 135.5 TZS
04 January 20241 ZAR = 134.7 TZS
05 January 20241 ZAR = 134.6 TZS
06 January 20241 ZAR = 134.5 TZS
07 January 20241 ZAR = 134.5 TZS
08 January 20241 ZAR = 132.0 TZS
09 January 20241 ZAR = 135.5 TZS
10 January 20241 ZAR = 134.9 TZS
11 January 20241 ZAR = 135.0 TZS
12 January 20241 ZAR = 134.9 TZS
14 January 20241 ZAR = 134.9 TZS
15 January 20241 ZAR = 132.5 TZS
16 January 20241 ZAR = 134.6 TZS
17 January 20241 ZAR = 130.7 TZS
18 January 20241 ZAR = 132.3 TZS
19 January 20241 ZAR = 132.9 TZS
22 January 20241 ZAR = 129.8 TZS
23 January 20241 ZAR = 131.3 TZS
24 January 20241 ZAR = 133.0 TZS
25 January 20241 ZAR = 133.5 TZS
26 January 20241 ZAR = 133.2 TZS
28 January 20241 ZAR = 135.2 TZS
29 January 20241 ZAR = 133.4 TZS
30 January 20241 ZAR = 135.5 TZS
31 January 20241 ZAR = 135.5 TZS

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.