South African rand vanuatu vatu history for October 2023. The highest quote for this month is 6.4475 (17/10/2023) and the lowest 6.472 (31/10/2023). The difference between high and low is -0.38.
ZAR VUV average rate for October 2023 is 6.35381, the change between 01/10/2023 and 31/10/2023 is -0.75 %.
01 October 2023 | 1 ZAR = 6.36 VUV |
03 October 2023 | 1 ZAR = 6.28 VUV |
04 October 2023 | 1 ZAR = 6.25 VUV |
06 October 2023 | 1 ZAR = 6.18 VUV |
07 October 2023 | 1 ZAR = 6.25 VUV |
09 October 2023 | 1 ZAR = 6.23 VUV |
10 October 2023 | 1 ZAR = 6.30 VUV |
11 October 2023 | 1 ZAR = 6.30 VUV |
13 October 2023 | 1 ZAR = 6.37 VUV |
16 October 2023 | 1 ZAR = 6.39 VUV |
17 October 2023 | 1 ZAR = 6.43 VUV |
18 October 2023 | 1 ZAR = 6.43 VUV |
19 October 2023 | 1 ZAR = 6.37 VUV |
20 October 2023 | 1 ZAR = 6.37 VUV |
21 October 2023 | 1 ZAR = 6.42 VUV |
22 October 2023 | 1 ZAR = 6.38 VUV |
23 October 2023 | 1 ZAR = 6.39 VUV |
24 October 2023 | 1 ZAR = 6.38 VUV |
25 October 2023 | 1 ZAR = 6.36 VUV |
26 October 2023 | 1 ZAR = 6.35 VUV |
27 October 2023 | 1 ZAR = 6.41 VUV |
29 October 2023 | 1 ZAR = 6.43 VUV |
30 October 2023 | 1 ZAR = 6.45 VUV |
31 October 2023 | 1 ZAR = 6.41 VUV |
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.