Historic Brazilian Real Pound sterling

Brazilian Real pound sterling history for December 2023. The highest quote for this month is 0.16287 (27/12/2023) and the lowest 0.16373 (28/12/2023). The difference between high and low is -0.53.

BRL GBP average rate for December 2023 is 0.16133, the change between 01/12/2023 and 31/12/2023 is -0.65 %.

01 December 20231 BRL = 0.1608 GBP
03 December 20231 BRL = 0.1612 GBP
04 December 20231 BRL = 0.1605 GBP
05 December 20231 BRL = 0.1601 GBP
06 December 20231 BRL = 0.1611 GBP
07 December 20231 BRL = 0.1625 GBP
08 December 20231 BRL = 0.1618 GBP
10 December 20231 BRL = 0.1618 GBP
11 December 20231 BRL = 0.1628 GBP
12 December 20231 BRL = 0.1614 GBP
13 December 20231 BRL = 0.1602 GBP
14 December 20231 BRL = 0.1611 GBP
15 December 20231 BRL = 0.1593 GBP
17 December 20231 BRL = 0.1596 GBP
18 December 20231 BRL = 0.1604 GBP
19 December 20231 BRL = 0.1614 GBP
20 December 20231 BRL = 0.1614 GBP
21 December 20231 BRL = 0.1610 GBP
22 December 20231 BRL = 0.1615 GBP
24 December 20231 BRL = 0.1623 GBP
25 December 20231 BRL = 0.1620 GBP
26 December 20231 BRL = 0.1616 GBP
27 December 20231 BRL = 0.1632 GBP
28 December 20231 BRL = 0.1619 GBP
29 December 20231 BRL = 0.1619 GBP
31 December 20231 BRL = 0.1619 GBP

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.