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The South African Economy

WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.

Original Post Date: 2007-02-22 Time: 00:00:00  Posted By: Jan

While it is a fact that a country’s economy is not judged only by the value of that country’s currency, currency exchange rates do play a very important part in determining a country’s overall stability and in particular – economic health and growth.

Exchange rates can give us an indication of what the rest of the world think about us – our political stability, economical growth etc.

While exchange rates may change and differ every minute (or second) of the day, I made up a list comparing the South African Rand against some other countries, using the previous year’s data.

This should provide an overall picture of where the South African economy is coming from – and, to some extend where it may be heading – in comparison with the rest of the world.

In the list provided, a minus means that the specific currency value grew (by the percentage) faster during the past year than the South African Rand.

Likewise, a plus would indicate that the South African Rand’s value grew faster than the particular currency.

Country Percentage against ZAR (South African Rand)

Zimbabwe -99.77

Yugoslavia -30.4

Slovakia -29.89

Somalia -27.54

Thailand -27.31

Romania -27.02

Paraguay -26.55

Iraq -26.01

Sudan -25.92

United Kingdom -25.01

Israel -25

Sweden -24.83

Morocco -24.35

Angola -24.24

Czech Republic -24.21

Slovenia -23.97

Norway -23.94

Bulgaria -23.85

Denmark -23.78

Greenland -23.78

Hungary -23.78

Comoros -23.76

Malta -23.73

Andorra -23.42

Austria -23.42

Belgium -23.42

Cape Verdi -23.42

Estonia -23.42

Finland -23.42

France -23.42

French Guiana -23.42

Germany -23.42

Greece -23.42

Ireland -23.42

Italy -23.42

Lithuania -23.42

Luxemburg -23.42

Monaco -23.42

Netherlands -23.42

Portugal -23.42

San Marino -23.42

Spain -23.42

Cyprus -23.08

Croatia -23.07

Latvia -22.89

Albania -22.02

Philippines -22

Russian Federation -21.72

South Korea -21.2

Singapore -21.12

Australia -21.03

Algeria -20.96

Brunei -20.94

Poland -20.94

Malaysia -20.9

Switzerland -20.87

Vanuatu -20.35

Fiji -19.98

New Zealand -19.81

Kazakhstan -19.77

Kenia -19.71

Sao Tome -19.57

Laos -19.46

Egypt -19.37

Uganda -19.14

Tunisia -19.07

China -19.01

Bahrain -18.97

Libya -18.78

The Gambia -18.71

Peru -18.14

Dominican R -18.07

Argentina -17.98

Niger -17.89

Nigeria -17.89

Indonesia -17.59

Papua New Guinea -17.36

Belize -17.28

Columbia -16.99

Mozambique -16.99

Brazil -16.82

Panama -16.82

Chile -16.81

Kuwait -16.72

Solomon Islands -16.55

India -16.44

Cambodia -16.38

Nepal -16.22

Ukraine -16.17

Maldives -16.12

Mauritania -15.94

Oman -15.92

United Arab Emirates -15.92

Jordan -15.91

Surinam -15.91

Equador -15.9

Guyana -15.9

North Korea -15.9

Siera Leone -15.9

United States -15.9

Venezuela -15.9

Saudi Arabia -15.89

Qatar -15.88

Bolivia -15.83

Myanmar -15.79

Honduras -15.78

Syria -15.73

El Salvador -15.68

Uruguay -15.51

Bhutan -15.5

Vietnam -15.39

Trinidad & Tobago -15.33

Lebanon -15.31

Liberia -15.12

Canada -15.04

Madagascar -14.98

Djibouti -14.96

Japan -14.91

Iran -14.81

Guatemala -14.76

Ghana -14.74

The Bahamas -14.4

Eritrea -14.33

Ethiopia -14.33

Taiwan -14.31

Pakistan -14.24

Iceland -13.69

Bangladesh -13.62

Jamaica -13.21

Costa Rica -12.83

Mongolia -12.62

Turkey -12.03

Nicaragua -11.65

Mexico -11.51

Sri Lanka -10.53

Malawi -9.852

Burundi -9.59

Tanzania -9.362

Afghanistan -7.344

Cuba -7.326

Seychelles -6.33

Botswana -4.38

Namibia -1.288

Swaziland -0.457

Lesotho 0

Zambia 7.912

Guinea 12.83

Source:http://www.oanda.com/products/fxmap/fxmap.sht…br>
This list was compiled on the 20th February 2007 08:00am.