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

Thai baht south african rand history for November 2023. The highest quote for this month is 0.53614 (30/11/2023) and the lowest 0.53667 (30/11/2023). The difference between high and low is -0.1.

THB ZAR average rate for November 2023 is 0.52279, the change between 01/11/2023 and 30/11/2023 is -4.35 %.

01 November 2023	1 THB = 0.5157 ZAR
02 November 2023	1 THB = 0.5122 ZAR
03 November 2023	1 THB = 0.5118 ZAR
06 November 2023	1 THB = 0.5142 ZAR
07 November 2023	1 THB = 0.5154 ZAR
08 November 2023	1 THB = 0.5165 ZAR
09 November 2023	1 THB = 0.5202 ZAR
10 November 2023	1 THB = 0.5216 ZAR
12 November 2023	1 THB = 0.5209 ZAR
13 November 2023	1 THB = 0.5191 ZAR
14 November 2023	1 THB = 0.5189 ZAR
15 November 2023	1 THB = 0.5133 ZAR
16 November 2023	1 THB = 0.5121 ZAR
17 November 2023	1 THB = 0.5218 ZAR
18 November 2023	1 THB = 0.5235 ZAR
19 November 2023	1 THB = 0.5235 ZAR
20 November 2023	1 THB = 0.5223 ZAR
21 November 2023	1 THB = 0.5213 ZAR
22 November 2023	1 THB = 0.5299 ZAR
23 November 2023	1 THB = 0.5355 ZAR
24 November 2023	1 THB = 0.5332 ZAR
26 November 2023	1 THB = 0.5322 ZAR
27 November 2023	1 THB = 0.5310 ZAR
28 November 2023	1 THB = 0.5328 ZAR
29 November 2023	1 THB = 0.5359 ZAR
30 November 2023	1 THB = 0.5382 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