Historic South African rand Thai baht

South African rand thai baht history for January 2024. The highest quote for this month is 1.8942 (28/01/2024) and the lowest 1.8962 (26/01/2024). The difference between high and low is -0.11.

ZAR THB average rate for January 2024 is 1.87241, the change between 01/01/2024 and 31/01/2024 is +0.08 %.

01 January 20241 ZAR = 1.884 THB
02 January 20241 ZAR = 1.876 THB
03 January 20241 ZAR = 1.844 THB
04 January 20241 ZAR = 1.844 THB
05 January 20241 ZAR = 1.846 THB
06 January 20241 ZAR = 1.857 THB
07 January 20241 ZAR = 1.854 THB
08 January 20241 ZAR = 1.855 THB
09 January 20241 ZAR = 1.882 THB
10 January 20241 ZAR = 1.873 THB
11 January 20241 ZAR = 1.879 THB
12 January 20241 ZAR = 1.877 THB
14 January 20241 ZAR = 1.876 THB
15 January 20241 ZAR = 1.878 THB
16 January 20241 ZAR = 1.875 THB
17 January 20241 ZAR = 1.866 THB
18 January 20241 ZAR = 1.865 THB
19 January 20241 ZAR = 1.878 THB
21 January 20241 ZAR = 1.867 THB
22 January 20241 ZAR = 1.869 THB
23 January 20241 ZAR = 1.854 THB
24 January 20241 ZAR = 1.885 THB
25 January 20241 ZAR = 1.892 THB
26 January 20241 ZAR = 1.892 THB
28 January 20241 ZAR = 1.894 THB
29 January 20241 ZAR = 1.898 THB
30 January 20241 ZAR = 1.887 THB
31 January 20241 ZAR = 1.882 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.
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