Historic Vanuatu vatu South African rand

Vanuatu vatu south african rand history for December 2023. The highest quote for this month is 0.16163 (11/12/2023) and the lowest 0.16097 (10/12/2023). The difference between high and low is 0.41.

VUV ZAR average rate for December 2023 is 0.15892, the change between 01/12/2023 and 31/12/2023 is -0.49 %.

01 December 20231 VUV = 0.1600 ZAR
02 December 20231 VUV = 0.1583 ZAR
03 December 20231 VUV = 0.1583 ZAR
04 December 20231 VUV = 0.1585 ZAR
05 December 20231 VUV = 0.1597 ZAR
06 December 20231 VUV = 0.1601 ZAR
07 December 20231 VUV = 0.1602 ZAR
08 December 20231 VUV = 0.1595 ZAR
10 December 20231 VUV = 0.1610 ZAR
11 December 20231 VUV = 0.1599 ZAR
12 December 20231 VUV = 0.1613 ZAR
13 December 20231 VUV = 0.1600 ZAR
14 December 20231 VUV = 0.1592 ZAR
15 December 20231 VUV = 0.1568 ZAR
16 December 20231 VUV = 0.1570 ZAR
17 December 20231 VUV = 0.1570 ZAR
18 December 20231 VUV = 0.1562 ZAR
19 December 20231 VUV = 0.1590 ZAR
20 December 20231 VUV = 0.1577 ZAR
21 December 20231 VUV = 0.1570 ZAR
22 December 20231 VUV = 0.1563 ZAR
23 December 20231 VUV = 0.1587 ZAR
24 December 20231 VUV = 0.1590 ZAR
26 December 20231 VUV = 0.1593 ZAR
27 December 20231 VUV = 0.1614 ZAR
28 December 20231 VUV = 0.1591 ZAR
29 December 20231 VUV = 0.1608 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.