Historic Thai baht South African rand

Thai baht south african rand history for January 2024. The highest quote for this month is 0.54515 (03/01/2024) and the lowest 0.54288 (06/01/2024). The difference between high and low is 0.42.

THB ZAR average rate for January 2024 is 0.5341, the change between 01/01/2024 and 31/01/2024 is -0.08 %.

01 January 20241 THB = 0.5308 ZAR
02 January 20241 THB = 0.5331 ZAR
03 January 20241 THB = 0.5424 ZAR
04 January 20241 THB = 0.5422 ZAR
05 January 20241 THB = 0.5418 ZAR
06 January 20241 THB = 0.5385 ZAR
07 January 20241 THB = 0.5395 ZAR
08 January 20241 THB = 0.5390 ZAR
09 January 20241 THB = 0.5313 ZAR
10 January 20241 THB = 0.5339 ZAR
11 January 20241 THB = 0.5321 ZAR
12 January 20241 THB = 0.5329 ZAR
14 January 20241 THB = 0.5330 ZAR
15 January 20241 THB = 0.5324 ZAR
16 January 20241 THB = 0.5334 ZAR
17 January 20241 THB = 0.5358 ZAR
18 January 20241 THB = 0.5363 ZAR
19 January 20241 THB = 0.5325 ZAR
21 January 20241 THB = 0.5355 ZAR
22 January 20241 THB = 0.5350 ZAR
23 January 20241 THB = 0.5395 ZAR
24 January 20241 THB = 0.5306 ZAR
25 January 20241 THB = 0.5287 ZAR
26 January 20241 THB = 0.5284 ZAR
28 January 20241 THB = 0.5281 ZAR
29 January 20241 THB = 0.5268 ZAR
30 January 20241 THB = 0.5300 ZAR
31 January 20241 THB = 0.5312 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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

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.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

14/09/1961: Introduction of the Rand

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

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.
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