United States dollar south african rand history for June 2023. The highest quote for this month is 19.653 (02/06/2023) and the lowest 19.495 (03/06/2023). The difference between high and low is 0.8.
USD ZAR average rate for June 2023 is 18.73223, the change between 01/06/2023 and 30/06/2023 is +4.48 %.
| 02 June 2023 | 1 USD = 19.61 ZAR |
| 03 June 2023 | 1 USD = 19.50 ZAR |
| 04 June 2023 | 1 USD = 19.50 ZAR |
| 09 June 2023 | 1 USD = 18.82 ZAR |
| 10 June 2023 | 1 USD = 18.72 ZAR |
| 12 June 2023 | 1 USD = 18.68 ZAR |
| 13 June 2023 | 1 USD = 18.55 ZAR |
| 16 June 2023 | 1 USD = 18.19 ZAR |
| 18 June 2023 | 1 USD = 18.18 ZAR |
| 19 June 2023 | 1 USD = 18.20 ZAR |
| 20 June 2023 | 1 USD = 18.15 ZAR |
| 25 June 2023 | 1 USD = 18.70 ZAR |
| 26 June 2023 | 1 USD = 18.73 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.
15/12/2008: Global Financial Crisis Impact
The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.
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.
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.
14/09/1961: Introduction of the Rand
The South African rand was introduced as the official currency, replacing the South African pound.