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

Thai baht south african rand history for September 2023. The highest quote for this month is 0.5432 (05/09/2023) and the lowest 0.54208 (05/09/2023). The difference between high and low is 0.21.

THB ZAR average rate for September 2023 is 0.52912, the change between 01/09/2023 and 30/09/2023 is +3.44 %.

01 September 2023	1 THB = 0.5380 ZAR
04 September 2023	1 THB = 0.5355 ZAR
05 September 2023	1 THB = 0.5416 ZAR
06 September 2023	1 THB = 0.5394 ZAR
07 September 2023	1 THB = 0.5401 ZAR
08 September 2023	1 THB = 0.5369 ZAR
11 September 2023	1 THB = 0.5370 ZAR
12 September 2023	1 THB = 0.5308 ZAR
13 September 2023	1 THB = 0.5317 ZAR
14 September 2023	1 THB = 0.5262 ZAR
15 September 2023	1 THB = 0.5318 ZAR
18 September 2023	1 THB = 0.5314 ZAR
19 September 2023	1 THB = 0.5329 ZAR
20 September 2023	1 THB = 0.5250 ZAR
21 September 2023	1 THB = 0.5203 ZAR
22 September 2023	1 THB = 0.5247 ZAR
23 September 2023	1 THB = 0.5207 ZAR
25 September 2023	1 THB = 0.5210 ZAR
26 September 2023	1 THB = 0.5192 ZAR
27 September 2023	1 THB = 0.5237 ZAR
28 September 2023	1 THB = 0.5236 ZAR
29 September 2023	1 THB = 0.5189 ZAR
30 September 2023	1 THB = 0.5195 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