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

Thai baht south african rand history for October 2023. The highest quote for this month is 0.53001 (25/10/2023) and the lowest 0.5264 (25/10/2023). The difference between high and low is 0.68.

THB ZAR average rate for October 2023 is 0.52129, the change between 01/10/2023 and 31/10/2023 is -1.25 %.

01 October 2023	1 THB = 0.5180 ZAR
02 October 2023	1 THB = 0.5148 ZAR
03 October 2023	1 THB = 0.5189 ZAR
04 October 2023	1 THB = 0.5203 ZAR
05 October 2023	1 THB = 0.5233 ZAR
06 October 2023	1 THB = 0.5282 ZAR
07 October 2023	1 THB = 0.5232 ZAR
09 October 2023	1 THB = 0.5240 ZAR
10 October 2023	1 THB = 0.5185 ZAR
11 October 2023	1 THB = 0.5197 ZAR
12 October 2023	1 THB = 0.5165 ZAR
13 October 2023	1 THB = 0.5223 ZAR
16 October 2023	1 THB = 0.5243 ZAR
17 October 2023	1 THB = 0.5173 ZAR
18 October 2023	1 THB = 0.5169 ZAR
19 October 2023	1 THB = 0.5222 ZAR
20 October 2023	1 THB = 0.5227 ZAR
21 October 2023	1 THB = 0.5189 ZAR
22 October 2023	1 THB = 0.5202 ZAR
23 October 2023	1 THB = 0.5193 ZAR
24 October 2023	1 THB = 0.5222 ZAR
25 October 2023	1 THB = 0.5257 ZAR
26 October 2023	1 THB = 0.5281 ZAR
27 October 2023	1 THB = 0.5227 ZAR
28 October 2023	1 THB = 0.5226 ZAR
29 October 2023	1 THB = 0.5210 ZAR
30 October 2023	1 THB = 0.5198 ZAR
31 October 2023	1 THB = 0.5245 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