United States dollar south african rand exchange rate history (USD ZAR) November 2023

United States dollar south african rand history for November 2023. The highest quote for this month is 18.964 (30/11/2023) and the lowest 18.82 (25/11/2023). The difference between high and low is 0.76.

USD ZAR average rate for November 2023 is 18.53988, the change between 01/11/2023 and 30/11/2023 is -0.6 %.

01 November 2023	1 USD = 18.62 ZAR
06 November 2023	1 USD = 18.26 ZAR
07 November 2023	1 USD = 18.29 ZAR
08 November 2023	1 USD = 18.33 ZAR
09 November 2023	1 USD = 18.48 ZAR
10 November 2023	1 USD = 18.65 ZAR
11 November 2023	1 USD = 18.72 ZAR
12 November 2023	1 USD = 18.73 ZAR
13 November 2023	1 USD = 18.73 ZAR
14 November 2023	1 USD = 18.67 ZAR
15 November 2023	1 USD = 18.22 ZAR
16 November 2023	1 USD = 18.18 ZAR
17 November 2023	1 USD = 18.37 ZAR
18 November 2023	1 USD = 18.37 ZAR
19 November 2023	1 USD = 18.37 ZAR
20 November 2023	1 USD = 18.33 ZAR
21 November 2023	1 USD = 18.32 ZAR
22 November 2023	1 USD = 18.61 ZAR
23 November 2023	1 USD = 18.87 ZAR
25 November 2023	1 USD = 18.82 ZAR
26 November 2023	1 USD = 18.83 ZAR
27 November 2023	1 USD = 18.78 ZAR
28 November 2023	1 USD = 18.64 ZAR
29 November 2023	1 USD = 18.57 ZAR
30 November 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.