Historic Swiss franc South African rand

Swiss franc south african rand history for February 2024. The highest quote for this month is 21.976 (23/02/2024) and the lowest 21.912 (25/02/2024). The difference between high and low is 0.29.

CHF ZAR average rate for February 2024 is 21.68196, the change between 01/02/2024 and 29/02/2024 is -1.51 %.

01 February 20241 CHF = 21.59 ZAR
02 February 20241 CHF = 21.65 ZAR
04 February 20241 CHF = 21.81 ZAR
05 February 20241 CHF = 21.78 ZAR
06 February 20241 CHF = 21.88 ZAR
07 February 20241 CHF = 21.64 ZAR
08 February 20241 CHF = 21.63 ZAR
09 February 20241 CHF = 21.71 ZAR
10 February 20241 CHF = 21.75 ZAR
11 February 20241 CHF = 21.79 ZAR
12 February 20241 CHF = 21.71 ZAR
13 February 20241 CHF = 21.58 ZAR
14 February 20241 CHF = 21.50 ZAR
15 February 20241 CHF = 21.50 ZAR
16 February 20241 CHF = 21.53 ZAR
19 February 20241 CHF = 21.38 ZAR
20 February 20241 CHF = 21.46 ZAR
21 February 20241 CHF = 21.44 ZAR
22 February 20241 CHF = 21.49 ZAR
23 February 20241 CHF = 21.76 ZAR
24 February 20241 CHF = 21.89 ZAR
25 February 20241 CHF = 21.95 ZAR
26 February 20241 CHF = 21.91 ZAR
27 February 20241 CHF = 21.84 ZAR
28 February 20241 CHF = 21.70 ZAR
29 February 20241 CHF = 21.91 ZAR

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
CHF ZAR January 2024
CHF ZAR February 2024
CHF ZAR March 2024
CHF ZAR April 2024
CHF ZAR May 2024
CHF ZAR June 2024
CHF ZAR July 2024
CHF ZAR August 2024
CHF ZAR September 2024
CHF ZAR October 2024
CHF ZAR November 2024
CHF ZAR December 2024
CHF ZAR January 2025