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

South African rand thai baht history for June 2023. The highest quote for this month is 1.9043 (19/06/2023) and the lowest 1.913 (19/06/2023). The difference between high and low is -0.46.

ZAR THB average rate for June 2023 is 1.85612, the change between 01/06/2023 and 30/06/2023 is -8.05 %.

01 June 2023	1 ZAR = 1.758 THB
02 June 2023	1 ZAR = 1.763 THB
03 June 2023	1 ZAR = 1.783 THB
04 June 2023	1 ZAR = 1.783 THB
05 June 2023	1 ZAR = 1.785 THB
06 June 2023	1 ZAR = 1.807 THB
07 June 2023	1 ZAR = 1.812 THB
08 June 2023	1 ZAR = 1.825 THB
09 June 2023	1 ZAR = 1.838 THB
10 June 2023	1 ZAR = 1.847 THB
12 June 2023	1 ZAR = 1.852 THB
13 June 2023	1 ZAR = 1.866 THB
14 June 2023	1 ZAR = 1.864 THB
15 June 2023	1 ZAR = 1.893 THB
16 June 2023	1 ZAR = 1.901 THB
19 June 2023	1 ZAR = 1.906 THB
20 June 2023	1 ZAR = 1.914 THB
21 June 2023	1 ZAR = 1.896 THB
22 June 2023	1 ZAR = 1.901 THB
23 June 2023	1 ZAR = 1.898 THB
25 June 2023	1 ZAR = 1.883 THB
26 June 2023	1 ZAR = 1.879 THB
27 June 2023	1 ZAR = 1.889 THB
28 June 2023	1 ZAR = 1.906 THB
29 June 2023	1 ZAR = 1.911 THB
30 June 2023	1 ZAR = 1.900 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