Historic Brazilian Real Salvadoran Colón

Brazilian Real salvadoran colón history for March 2024. The highest quote for this month is 1.7662 (03/03/2024) and the lowest 1.7664 (03/03/2024). The difference between high and low is -0.01.

BRL SVC average rate for March 2024 is 1.73174, the change between 01/03/2024 and 31/03/2024 is -2.36 %.

01 March 20241 BRL = 1.717 SVC
03 March 20241 BRL = 1.766 SVC
04 March 20241 BRL = 1.716 SVC
05 March 20241 BRL = 1.725 SVC
06 March 20241 BRL = 1.721 SVC
07 March 20241 BRL = 1.725 SVC
08 March 20241 BRL = 1.721 SVC
10 March 20241 BRL = 1.756 SVC
11 March 20241 BRL = 1.712 SVC
12 March 20241 BRL = 1.757 SVC

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.

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.

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.