Initask FX

USD to ZAR in 2008

Average: 8.2606 ZAR

In 2008 the USD/ZAR rate averaged 8.2606 over 256 business days. The low of the year was 6.7358 on January 14, 2008, the high 11.610 on October 23, 2008. Between the first and the last rate of the year the pair moved from 6.8180 to 9.3890 (+37.71%).

January 2, 2008December 31, 2008

High 11.610 ZAR (October 23, 2008) Low 6.7358 ZAR (January 14, 2008)

Months

MonthAverageLowHighCloseChange
January7.00556.73587.47247.4724+9.60%
February7.65597.37827.87467.7345+4.77%
March7.96667.76508.15208.1026+2.74%
April7.79177.54848.08407.6065-5.91%
May7.62957.50307.76237.6226+0.23%
June7.93897.71608.17237.8296+1.37%
July7.63017.34037.90437.3403-7.13%
August7.66167.20437.94267.7093+5.19%
September8.06627.72898.31058.2689+6.99%
October9.73898.267011.61010.064+21.73%
November10.1179.675010.55010.096+3.25%
December9.99599.389010.3369.3890-8.33%

The ECB publishes euro reference rates around 16:00 CET on TARGET business days. Cross rates between two non-euro currencies are calculated from their euro rates. Reference rates serve for information; a bank or card issuer applies its own rate.

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