Historic Tanzanian Shilling South African rand

Tanzanian Shilling south african rand history for February 2024. The highest quote for this month is 0.007595 (25/02/2024) and the lowest 0.007651 (12/02/2024). The difference between high and low is -0.74.

TZS ZAR average rate for February 2024 is 0.0075, the change between 01/02/2024 and 29/02/2024 is -4.33 %.

01 February 20241 TZS = 0.0074 ZAR
02 February 20241 TZS = 0.0073 ZAR
03 February 20241 TZS = 0.0075 ZAR
04 February 20241 TZS = 0.0075 ZAR
05 February 20241 TZS = 0.0075 ZAR
06 February 20241 TZS = 0.0075 ZAR
07 February 20241 TZS = 0.0074 ZAR
08 February 20241 TZS = 0.0074 ZAR
09 February 20241 TZS = 0.0075 ZAR
12 February 20241 TZS = 0.0077 ZAR
13 February 20241 TZS = 0.0074 ZAR
14 February 20241 TZS = 0.0075 ZAR
15 February 20241 TZS = 0.0075 ZAR
16 February 20241 TZS = 0.0074 ZAR
17 February 20241 TZS = 0.0074 ZAR
18 February 20241 TZS = 0.0074 ZAR
19 February 20241 TZS = 0.0075 ZAR
20 February 20241 TZS = 0.0074 ZAR
21 February 20241 TZS = 0.0074 ZAR
22 February 20241 TZS = 0.0074 ZAR
23 February 20241 TZS = 0.0075 ZAR
24 February 20241 TZS = 0.0076 ZAR
25 February 20241 TZS = 0.0076 ZAR
26 February 20241 TZS = 0.0077 ZAR
27 February 20241 TZS = 0.0075 ZAR
28 February 20241 TZS = 0.0075 ZAR
29 February 20241 TZS = 0.0077 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.

15/12/2008: 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.