What is the highest the dollar has been to the rand?

Historically, the South African Rand reached an all time high of 19.35 in April of 2020. South African Rand – data, forecasts, historical chart – was last updated on September of 2021.

What was USD to ZAR 2010?

January 2010

When did South Africa change its money?

14 February 1961
South Africa continued to use the British coin system until 1961 when South Africa gained independence and became a republic. This was the beginning of the South African rand, which takes its name from the Witwatersrand where gold was discovered. On 14 February 1961, the rand, replaced the pound.

What was the dollar rate in 2020?

Best exchange rate: 76.97 INR on 21 Apr 2020. Average exchange rate in 2020: 74.1322 INR. Worst exchange rate: 70.7246 INR on 15 Jan 2020.

What was the rand dollar in 2008?

7.99
The rand’s new (stable) record low is at R16. 86, while it is currently trading at around R15. 25 to the dollar. The graphic below shows the year-on-year changes in the rand for 11 March from 1978 to 2016….Rand history.

Does South Africa print its own money?

The South African Bank Note Company (SABN) is a South African security printing company responsible for the printing of the South African Rand. It is a wholly owned subsidiary of the South African Reserve Bank….South African Bank Note Company.

How did foreign exchange start?

History of Forex Trading: Where it all began Under the barter system goods were exchanged for other goods. The system then evolved and goods like salt and spices became popular mediums of exchange. Ships would sail to barter for these goods in the first ever form of foreign exchange.