Historic South African rand United States dollar

South African rand united states dollar history for January 2024. The highest quote for this month is 0.054506 (01/01/2024) and the lowest 0.05487 (02/01/2024). The difference between high and low is -0.67.

ZAR USD average rate for January 2024 is 0.05335, the change between 01/01/2024 and 31/01/2024 is +2.71 %.

01 January 20241 ZAR = 0.0547 USD
02 January 20241 ZAR = 0.0546 USD
03 January 20241 ZAR = 0.0539 USD
04 January 20241 ZAR = 0.0536 USD
05 January 20241 ZAR = 0.0535 USD
06 January 20241 ZAR = 0.0535 USD
07 January 20241 ZAR = 0.0535 USD
08 January 20241 ZAR = 0.0536 USD
09 January 20241 ZAR = 0.0539 USD
10 January 20241 ZAR = 0.0537 USD
11 January 20241 ZAR = 0.0537 USD
12 January 20241 ZAR = 0.0536 USD
13 January 20241 ZAR = 0.0537 USD
14 January 20241 ZAR = 0.0537 USD
15 January 20241 ZAR = 0.0537 USD
16 January 20241 ZAR = 0.0536 USD
17 January 20241 ZAR = 0.0527 USD
18 January 20241 ZAR = 0.0524 USD
19 January 20241 ZAR = 0.0529 USD
20 January 20241 ZAR = 0.0526 USD
21 January 20241 ZAR = 0.0526 USD
22 January 20241 ZAR = 0.0526 USD
23 January 20241 ZAR = 0.0521 USD
24 January 20241 ZAR = 0.0529 USD
25 January 20241 ZAR = 0.0530 USD
26 January 20241 ZAR = 0.0530 USD
27 January 20241 ZAR = 0.0533 USD
28 January 20241 ZAR = 0.0532 USD
29 January 20241 ZAR = 0.0533 USD
30 January 20241 ZAR = 0.0533 USD
31 January 20241 ZAR = 0.0533 USD

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.
ZAR USD January 2024
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ZAR USD January 2025