Historic South African rand Arab Emirates Dirham

South African rand arab emirates dirham history for February 2024. The highest quote for this month is 0.19563 (01/02/2024) and the lowest 0.19821 (02/02/2024). The difference between high and low is -1.32.

ZAR AED average rate for February 2024 is 0.19353, the change between 01/02/2024 and 29/02/2024 is +3.33 %.

01 February 20241 ZAR = 0.1973 AED
02 February 20241 ZAR = 0.1978 AED
03 February 20241 ZAR = 0.1943 AED
04 February 20241 ZAR = 0.1945 AED
05 February 20241 ZAR = 0.1945 AED
06 February 20241 ZAR = 0.1928 AED
07 February 20241 ZAR = 0.1951 AED
08 February 20241 ZAR = 0.1943 AED
09 February 20241 ZAR = 0.1936 AED
11 February 20241 ZAR = 0.1929 AED
12 February 20241 ZAR = 0.1935 AED
13 February 20241 ZAR = 0.1943 AED
14 February 20241 ZAR = 0.1925 AED
15 February 20241 ZAR = 0.1930 AED
16 February 20241 ZAR = 0.1939 AED
17 February 20241 ZAR = 0.1949 AED
18 February 20241 ZAR = 0.1949 AED
19 February 20241 ZAR = 0.1951 AED
20 February 20241 ZAR = 0.1939 AED
21 February 20241 ZAR = 0.1943 AED
22 February 20241 ZAR = 0.1943 AED
23 February 20241 ZAR = 0.1918 AED
24 February 20241 ZAR = 0.1905 AED
25 February 20241 ZAR = 0.1902 AED
26 February 20241 ZAR = 0.1902 AED
27 February 20241 ZAR = 0.1911 AED
28 February 20241 ZAR = 0.1926 AED
29 February 20241 ZAR = 0.1907 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
ZAR AED January 2024
ZAR AED February 2024
ZAR AED March 2024
ZAR AED April 2024
ZAR AED May 2024
ZAR AED June 2024
ZAR AED July 2024
ZAR AED August 2024
ZAR AED September 2024
ZAR AED October 2024
ZAR AED November 2024
ZAR AED December 2024
ZAR AED January 2025