What was the highest price of petrol in South Africa?
Gasoline Prices in South Africa averaged 1.07 USD/Liter from 1992 until 2022, reaching an all time high of 1.48 USD/Liter in March of 2022 and a record low of 0.43 USD/Liter in December of 1998.
How much is fuel in South Africa in rands?
For comparison, the average price of gasoline in the world for this period is 31.82 South African Rand….South Africa Gasoline prices, 20-Jun-2022.
| South Africa Gasoline prices | Litre | Gallon |
|---|---|---|
| ZAR | 23.845 | 90.263 |
| USD | 1.486 | 5.625 |
| EUR | 1.414 | 5.353 |
What was the price of petrol in 1990 in South Africa?
| IN BOND LANDED COST (IBLC/Basic Price) | ||
|---|---|---|
| 1990 | Petrol 97 | Petrol 87 |
| APR | 52.7070 | 46.8050 |
| MAY | 50.9820 | 44.7000 |
| JUNE | 47.5930 | 41.2680 |
Why is sa petrol so expensive?
There are two factors that influence the price of petrol, namely external and internal: External factors: The exchange rate – that is the price of the dollar vs the rand. Internal factors: These include rising prices in crude oil, transport costs, and taxes and levies.
Which African country has the highest fuel price?
Zimbabwe
Zimbabwe: This Southern African country has the highest petrol cost in Africa. A litre of petrol costs as much as $2.153. Earlier this month, the country’s Energy and Power Development Minister, Zhemu Soda, explained that frequent petrol price hikes were driven by developments in the international oil industry.
What is the basic fuel price in South Africa?
Currently, the price for inland 95-octane petrol stands at R20,29 per litre (December 2021). According to the Department of Mineral Resources and Energy1, this price consists of these four broad elements: Basic fuel price: R9,74 (48%)
Why is petrol so expensive in SA?
What was the petrol price in 2001 in South Africa?
| 2001 (RSA c/litre) | South African Fuel Price History | |
|---|---|---|
| Petrol | ||
| Leaded | Unleaded | |
| Coast 97 | Coast 95 | |
| 3 Jan | 355.00 | 351.00 |
What was the petrol price in 2002 in South Africa?
72/litre. At one point in 2002, the retail price of petrol in Gauteng rose to R4. 01.
Which country has highest tax on petrol?
The highest petrol price in the world is paid by those who live in Hong Kong. Those who use petrol in Hong Kong pay an amount of $2.618 or Rs 196.55 (roughly) for a litre of petrol.
Which country has lowest fuel prices?
Venezuela
Venezuela is the world’s cheapest country to buy petrol, where amazingly it costs just 2 pence (GBP) a litre. This is because it’s home to some of the biggest oil reserves in the world.
Which country in Africa has the lowest fuel prices?
5 African countries with the cheapest gas prices in 2022
- According to the report, Nigeria has the lowest petrol price in West Africa.
- At $10.70 per gallon of petrol, Zimbabwe has the highest petrol price in Africa.
- At $13.10 per gallon of petrol, Hong Kong has the highest price of petrol anywhere in the world.
What was petrol cost in 2014?
“Kudos to people for showing the mirror of truth to the tax-parasitic Modi Govt! But do remember, in May 2014 the price of petrol was ₹ 71.41, diesel was ₹ 55.49 per litre and crude Oil was USD 105.71 per Barrel.
What is the price of petrol in 2014?
2014 vs 2020 In June 2014, soon after the Narendra Modi government took charge in its first stint at the Centre, petrol and diesel were retailing at Rs 71.51 a litre and Rs 57.28 a litre respectively in Delhi.