Historic Brazilian Real Gibraltar pound

Brazilian Real gibraltar pound history for February 2024. The highest quote for this month is 0.16043 (21/02/2024) and the lowest 0.16156 (22/02/2024). The difference between high and low is -0.7.

BRL GIP average rate for February 2024 is 0.15982, the change between 01/02/2024 and 29/02/2024 is +0.37 %.

01 February 20241 BRL = 0.1595 GIP
02 February 20241 BRL = 0.1610 GIP
05 February 20241 BRL = 0.1613 GIP
06 February 20241 BRL = 0.1607 GIP
07 February 20241 BRL = 0.1596 GIP
08 February 20241 BRL = 0.1598 GIP
09 February 20241 BRL = 0.1587 GIP
12 February 20241 BRL = 0.1600 GIP
13 February 20241 BRL = 0.1601 GIP
14 February 20241 BRL = 0.1608 GIP
15 February 20241 BRL = 0.1601 GIP
16 February 20241 BRL = 0.1596 GIP
19 February 20241 BRL = 0.1598 GIP
20 February 20241 BRL = 0.1596 GIP
21 February 20241 BRL = 0.1606 GIP
22 February 20241 BRL = 0.1605 GIP
23 February 20241 BRL = 0.1590 GIP
26 February 20241 BRL = 0.1579 GIP
27 February 20241 BRL = 0.1584 GIP
28 February 20241 BRL = 0.1604 GIP
29 February 20241 BRL = 0.1589 GIP

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

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.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

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.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 pound.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.