Prices in South Africa – 1995 versus 2016

1995 was a year when many things happened in South Africa. We won the Rugby World Cup, MultiChoice launched DStv, and dial-up Internet became mainstream.

The young democracy had to embrace many new things, including a free Internet and increased competition in the telecommunications market with the launch of Vodacom and MTN.

21 years later, the South African technology and business landscape looks very different.

In 1995, the rand traded at less than R4 to the US dollar – much lower than its current level of between R14-R15.

Dial-up has been replaced by ADSL and fibre-to-the-home, and feature phones have been replaced by smartphones.

Many of these new products came at a price, especially with a much weaker rand and high inflation in the country.

South African prices: 1995 vs 2016

Here is how the prices of prominent products in South Africa have changed between 1995 and 2016.

Prices in South Africa - 1995 to 2016

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Prices in South Africa – 1995 versus 2016