Thai baht south african rand exchange rate history (THB ZAR) June 2023

Thai baht south african rand history for June 2023. The highest quote for this month is 0.57081 (01/06/2023) and the lowest 0.56641 (01/06/2023). The difference between high and low is 0.77.

THB ZAR average rate for June 2023 is 0.53915, the change between 01/06/2023 and 30/06/2023 is +7.45 %.

01 June 2023	1 THB = 0.5687 ZAR
02 June 2023	1 THB = 0.5671 ZAR
03 June 2023	1 THB = 0.5609 ZAR
04 June 2023	1 THB = 0.5609 ZAR
05 June 2023	1 THB = 0.5602 ZAR
06 June 2023	1 THB = 0.5535 ZAR
07 June 2023	1 THB = 0.5519 ZAR
08 June 2023	1 THB = 0.5479 ZAR
09 June 2023	1 THB = 0.5440 ZAR
10 June 2023	1 THB = 0.5414 ZAR
12 June 2023	1 THB = 0.5401 ZAR
13 June 2023	1 THB = 0.5359 ZAR
14 June 2023	1 THB = 0.5365 ZAR
15 June 2023	1 THB = 0.5283 ZAR
16 June 2023	1 THB = 0.5261 ZAR
19 June 2023	1 THB = 0.5248 ZAR
20 June 2023	1 THB = 0.5224 ZAR
21 June 2023	1 THB = 0.5276 ZAR
22 June 2023	1 THB = 0.5260 ZAR
23 June 2023	1 THB = 0.5269 ZAR
25 June 2023	1 THB = 0.5310 ZAR
26 June 2023	1 THB = 0.5322 ZAR
27 June 2023	1 THB = 0.5294 ZAR
28 June 2023	1 THB = 0.5248 ZAR
29 June 2023	1 THB = 0.5233 ZAR
30 June 2023	1 THB = 0.5264 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.

Historic Thai baht South African rand