Historic Vanuatu vatu South African rand

Vanuatu vatu south african rand history for October 2023. The highest quote for this month is 0.16157 (07/10/2023) and the lowest 0.1601 (03/10/2023). The difference between high and low is 0.91.

VUV ZAR average rate for October 2023 is 0.15741, the change between 01/10/2023 and 31/10/2023 is +0.74 %.

01 October 20231 VUV = 0.1572 ZAR
03 October 20231 VUV = 0.1592 ZAR
04 October 20231 VUV = 0.1600 ZAR
06 October 20231 VUV = 0.1619 ZAR
07 October 20231 VUV = 0.1601 ZAR
09 October 20231 VUV = 0.1606 ZAR
10 October 20231 VUV = 0.1588 ZAR
11 October 20231 VUV = 0.1587 ZAR
13 October 20231 VUV = 0.1570 ZAR
16 October 20231 VUV = 0.1565 ZAR
17 October 20231 VUV = 0.1554 ZAR
18 October 20231 VUV = 0.1556 ZAR
19 October 20231 VUV = 0.1571 ZAR
20 October 20231 VUV = 0.1569 ZAR
21 October 20231 VUV = 0.1559 ZAR
22 October 20231 VUV = 0.1567 ZAR
23 October 20231 VUV = 0.1564 ZAR
24 October 20231 VUV = 0.1567 ZAR
25 October 20231 VUV = 0.1571 ZAR
26 October 20231 VUV = 0.1576 ZAR
27 October 20231 VUV = 0.1561 ZAR
29 October 20231 VUV = 0.1555 ZAR
30 October 20231 VUV = 0.1550 ZAR
31 October 20231 VUV = 0.1560 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.