South African rand thai baht exchange rate history (ZAR THB) August 2023

South African rand thai baht history for August 2023. The highest quote for this month is 1.8892 (29/08/2023) and the lowest 1.9125 (01/08/2023). The difference between high and low is -1.23.

ZAR THB average rate for August 2023 is 1.86825, the change between 01/08/2023 and 31/08/2023 is +2.37 %.

01 August 2023	1 ZAR = 1.917 THB
02 August 2023	1 ZAR = 1.880 THB
03 August 2023	1 ZAR = 1.868 THB
04 August 2023	1 ZAR = 1.854 THB
05 August 2023	1 ZAR = 1.877 THB
07 August 2023	1 ZAR = 1.878 THB
08 August 2023	1 ZAR = 1.862 THB
09 August 2023	1 ZAR = 1.851 THB
10 August 2023	1 ZAR = 1.850 THB
11 August 2023	1 ZAR = 1.866 THB
12 August 2023	1 ZAR = 1.851 THB
14 August 2023	1 ZAR = 1.854 THB
15 August 2023	1 ZAR = 1.848 THB
16 August 2023	1 ZAR = 1.850 THB
17 August 2023	1 ZAR = 1.850 THB
18 August 2023	1 ZAR = 1.862 THB
20 August 2023	1 ZAR = 1.863 THB
21 August 2023	1 ZAR = 1.865 THB
22 August 2023	1 ZAR = 1.858 THB
23 August 2023	1 ZAR = 1.866 THB
24 August 2023	1 ZAR = 1.891 THB
25 August 2023	1 ZAR = 1.862 THB
28 August 2023	1 ZAR = 1.884 THB
29 August 2023	1 ZAR = 1.899 THB
30 August 2023	1 ZAR = 1.897 THB
31 August 2023	1 ZAR = 1.872 THB

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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

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.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

Historic South African rand Thai baht