Historic South African rand Vanuatu vatu

South African rand vanuatu vatu history for September 2023. The highest quote for this month is 6.3875 (30/09/2023) and the lowest 6.4226 (25/09/2023). The difference between high and low is -0.55.

ZAR VUV average rate for September 2023 is 6.3348, the change between 01/09/2023 and 30/09/2023 is -0.19 %.

01 September 20231 ZAR = 6.34 VUV
05 September 20231 ZAR = 6.26 VUV
06 September 20231 ZAR = 6.26 VUV
11 September 20231 ZAR = 6.32 VUV
18 September 20231 ZAR = 6.33 VUV
23 September 20231 ZAR = 6.40 VUV
25 September 20231 ZAR = 6.41 VUV
26 September 20231 ZAR = 6.40 VUV
27 September 20231 ZAR = 6.30 VUV
29 September 20231 ZAR = 6.33 VUV
30 September 20231 ZAR = 6.35 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.