What is the lowest the rand has been to the dollar?
The controversial land reform programme that was initiated in Zimbabwe, followed by the September 11, 2001 attacks, propelled it to its weakest historical level of R 13.84 to the dollar in December 2001.
What was USD to ZAR 2010?
Currency Menu This is the US Dollar (USD) to South African Rand (ZAR) exchange rate history data page for the year of 2010, covering 365 days of USD ZAR historical data. Best exchange rate: 7.9049 ZAR on 26 May 2010. Average exchange rate in 2010: 7.3137 ZAR. Worst exchange rate: 6.5879 ZAR on 31 Dec 2010.
What was the dollar to rand in 2000?
6.39
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.
| Year | Rand vs Dollar (11 March) |
|---|---|
| 2000 | 6.39 |
| 2001 | 7.77 |
| 2002 | 11.47 |
| 2003 | 7.91 |
How much was the rand to dollar in 2009?
$3.57
| Year | USD Big Mac (USD) | ZAR/USD Exchange Rate |
|---|---|---|
| 2006 | $3.10 | R6.08 |
| 2007 | $3.41 | R7.11 |
| 2008 | $3.57 | R7.56 |
| 2009 | $3.57 | R8.28 |
What was the highest dollar rate ever?
In 2016, the USD to INR hit a record with 1 USD = 68.77 INR, the highest rate at that time. The global economic crisis following the coronavirus pandemic in 2020 contributed to the depreciation of the exchange rate to hit a record low which was 1 USD = 76.67 INR (March).
Why is South African rand so weak?
Since South Africa relies more on mineral exports, low commodity prices have also led to a weakening of the Rand. Due to low economic growth, China’s demand for commodities have gone down resulting in lower global commodity prices. Investor confidence is yet another factor affecting the value of currency.
What was the rand dollar exchange rate in 2011?
Currency Menu This is the South African Rand (ZAR) to US Dollar (USD) exchange rate history data page for the year of 2011, covering 365 days of ZAR USD historical data. Best exchange rate: 0.1523 USD on 01 May 2011. Average exchange rate in 2011: 0.1386 USD. Worst exchange rate: 0.1165 USD on 23 Nov 2011.
What was the rand dollar in 1994?
55 versus the dollar in 1994 (Historically the rand was worth US $ 1.40 from the time of its inception in 1961 until 1982. Then political pressure and sanctions eroded its value with the worst rand/dollar exchange rate under apartheid being R2 to the dollar in 1985).
How much was the rand worth in 1992?
This means that 100 rand in 1992 are equivalent to 535.87 rand in 2022. In other words, the purchasing power of R100 in 1992 equals R535….Value of Rand over time (by year)
| Period | Value |
|---|---|
| 1992 | 100 |
| 1993 | 109.72 |
| 1994 | 119.52 |
| 1995 | 129.9 |
What was the rand dollar exchange in 2011?
This is the South African Rand (ZAR) to US Dollar (USD) exchange rate history data page for the year of 2011, covering 365 days of ZAR USD historical data. Best exchange rate: 0.1523 USD on 01 May 2011. Average exchange rate in 2011: 0.1386 USD. Worst exchange rate: 0.1165 USD on 23 Nov 2011.
What was the rand dollar exchange rate in 2015?
Average exchange rate in 2015: 12.7776 ZAR.
What was the value of 1 dollar in 1947?
4.75/dollar in September 1949. This was remained unchanged till June 1966, when the rupee was devalued by 36.5% to Rs. 21/pound or 1$ = Rs. 7.10….1 USD to INR Rates From 1947 to 2020.
| Year | Exchange rate(INR per USD) |
|---|---|
| 1947 | 3.30 |
| 1949 | 4.76 |
| 1966 | 7.50 |
| 1975 | 8.39 |