LancelotSA
Banned
Where have all the "this is how Zim 1.0 started" guys, who were around when the rand was free falling, disappeared to on this thread now?
-
Join the MyBroadband community
South Africa’s biggest forum. Discuss, discover, and connect with thousands of members.
-
Question of the Day: Are you keeping your Prime subscription?
The ZAR Exchange Rate Thread
- Thread starter Robin Hood
- Start date
- Status
hj2k_x
Honorary Master
What are you on about? The rand firmed on a number of issues, most notably Zim. Other global issues also contributed. There is no debate here.
This thread is about the value of the rand.
It is improving.
I can remember a time during apartheid when it was R 2.00 to the dollar.
We still have a long way to go.
hj2k_x
Honorary Master
$ = R 7.76
£ = R 15.48
€ = R 12.18
Gold = $ 907.75
Oil = $ 103.58
Last update 03-Apr-2008 18:30:00
Still looking better than recent levels though.
Gold price fluctuating a whole lot too..
£ = R 15.48
€ = R 12.18
Gold = $ 907.75
Oil = $ 103.58
Last update 03-Apr-2008 18:30:00
Still looking better than recent levels though.
Gold price fluctuating a whole lot too..
LancelotSA
Banned
Much the same way that the Rand weakened due to a number of factors yet a lot of people merely view it as an indication that this country is going down the drain. We need to keep this in mind no matter which way the rand is moving.
hj2k_x
Honorary Master
Indeed.
F
Fudzy
Guest
That was about the same time when we had sanctions imposed by the UN?
True.
It was also when Dr. Verwoerd walked out of the commonwealth.
More or less the same time......
Only then it was R2.00 to the Pound, not the dollar.
d0b33
Honorary Master
True.
It was also when Dr. Verwoerd walked out of the commonwealth.
More or less the same time......
Only then it was R2.00 to the Pound, not the dollar.
At the peak of Apartheid... I've always found that to be ironic
Funny the positives do not answer.
Probably googling it.
Do not worry, i did it before i posted.
LancelotSA
Banned
Funny the positives do not answer.
Probably googling it.
Do not worry, i did it before i posted.
Yip, thought I might find you singing the praises of apartheid....
d0b33
Honorary Master
I'm not praising apartheid though, just always found it ironic.
hj2k_x
Honorary Master
$ = R 7.82
£ = R 15.64
€ = R 12.28
Gold = $ 905.73
Oil = $ 103.25
Last update 04-Apr-2008 11:30:00
Still holding firm...
£ = R 15.64
€ = R 12.28
Gold = $ 905.73
Oil = $ 103.25
Last update 04-Apr-2008 11:30:00
Still holding firm...
JAV
Well-Known Member
http://www.resbank.co.za/economics/histdownload/Download/DOLLAR.csv
Daily exchange rates from 1970 to 2007. Actually made some interesting reading!
hj2k_x
Honorary Master
http://www.resbank.co.za/economics/histdownload/Download/DOLLAR.csv
Daily exchange rates from 1970 to 2007. Actually made some interesting reading!
Interesting indeed!
hj2k_x
Honorary Master
$ = R 7.79
£ = R 15.49
€ = R 12.24
Gold = $ 915.53
Oil = $ 105.22
Last update 07-Apr-2008 11:30:00
Settling into stronger range for a while it would seem. Zim's progress still needs to be monitored though I would suggest.
£ = R 15.49
€ = R 12.24
Gold = $ 915.53
Oil = $ 105.22
Last update 07-Apr-2008 11:30:00
Settling into stronger range for a while it would seem. Zim's progress still needs to be monitored though I would suggest.
Kokop
Senior Member
Current Account Deficit.
Until we sort this out (8% GDP) we will lose value. Simple capitalist economics.
Until we sort this out (8% GDP) we will lose value. Simple capitalist economics.
hj2k_x
Honorary Master
$ = R 7.79
£ = R 15.47
€ = R 12.23
Gold = $ 922.55
Oil = $ 106.87
Last update 07-Apr-2008 21:30:00
Still range-bound with no more concrete news from Zim and awaiting the Reserve bank's monetary policy committee announcement on Thursday.
£ = R 15.47
€ = R 12.23
Gold = $ 922.55
Oil = $ 106.87
Last update 07-Apr-2008 21:30:00
Still range-bound with no more concrete news from Zim and awaiting the Reserve bank's monetary policy committee announcement on Thursday.
- Status