20 years of ANC governance; at what cost

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S

Schmuck

Guest
Just for fun, I decided to take some statistics on the average ZAR/USD rates from 20 years prior to 1994 and 20 years after 1994.

"Interesting stuff"...  :winkwink:

1974: 0.87 ZAR = 1 USD
1984: 2.00 ZAR = 1 USD
1994: 3.55 ZAR = 1 USD
2004: 6.10 ZAR = 1 USD
2014: 11.00 ZAR = 1 USD (and still declining steadily)

Interesting that the value was still "OK" in '94, but then plummeted in the last 20 years!  :nfi:
 
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