Rhodesian Dollar - Exchange Rate History

Exchange Rate History

This table shows the historical value of one Rhodesian dollar.

Date Official Rate Free / Parallel Rate notes
1970 (Feb) USD 1.40 - Parallel market starts 1970 (July)
1971 (Aug) ZAR 1.00 (- 30%) ZAR 0.769 Pegged to the ZA Rand
1971 (Dec) USD 1.52 (- 30% to 40%) USD 1.09 to USD 1.17 US dollar devalued
1972 (July) floated (- 20% to 30%) Floated at same time GBP was floated
1972 (Oct) USD 1.52; ZAR 1.19 - -
1973 (Feb) USD 1.69 - USD devalued
1973 (Jun) USD 1.773; ZAR 1.19 - ZA Rand and R$ revalued against USD
1975 (Sep) USD 1.60; ZAR 1.34 - R$ devalued against USD and ZAR
1977 (Oct) USD 1.50; ZAR 1.30 - R$ devalued against USD and ZAR
1980 (Mar) - - Pegged to flexible basket (FRF, DEM, ZAR, CHF, GBP, USD)
1980 (Apr) - - Replacement by the Zimbabwean dollar Z$ 1 = R$ 1
1981 - - Rhodesian dollar demonetised under Statutory Instrument 378 of the Government of Zimbabwe

Read more about this topic:  Rhodesian Dollar

Famous quotes containing the words exchange, rate and/or history:

    We never exchange more than three words with a Friend in our lives on that level to which our thoughts and feelings almost habitually rise.
    Henry David Thoreau (1817–1862)

    If we became students of Malcolm X, we would not have young black men out there killing each other like they’re killing each other now. Young black men would not be impregnating young black women at the rate going on now. We’d not have the drugs we have now, or the alcoholism.
    Spike Lee (b. 1956)

    Philosophy of science without history of science is empty; history of science without philosophy of science is blind.
    Imre Lakatos (1922–1974)