Historic Brazilian Real Iranian Rial

Brazilian Real iranian rial history for February 2024. The highest quote for this month is 8514.89 (21/02/2024) and the lowest 8585 (22/02/2024). The difference between high and low is -0.82.

BRL IRR average rate for February 2024 is 8466.94556, the change between 01/02/2024 and 29/02/2024 is +0.29 %.

01 February 20241 BRL = 8484.62 IRR
02 February 20241 BRL = 8545.27 IRR
03 February 20241 BRL = 8450.36 IRR
04 February 20241 BRL = 8450.36 IRR
05 February 20241 BRL = 8519.26 IRR
06 February 20241 BRL = 8484.95 IRR
07 February 20241 BRL = 8465.83 IRR
08 February 20241 BRL = 8451.89 IRR
09 February 20241 BRL = 8416.63 IRR
12 February 20241 BRL = 8479.54 IRR
13 February 20241 BRL = 8481.08 IRR
14 February 20241 BRL = 8482.43 IRR
15 February 20241 BRL = 8453.60 IRR
16 February 20241 BRL = 8447.63 IRR
17 February 20241 BRL = 8456.15 IRR
18 February 20241 BRL = 8454.11 IRR
19 February 20241 BRL = 8459.04 IRR
20 February 20241 BRL = 8473.89 IRR
21 February 20241 BRL = 8528.54 IRR
22 February 20241 BRL = 8513.85 IRR
23 February 20241 BRL = 8464.65 IRR
24 February 20241 BRL = 8410.43 IRR
25 February 20241 BRL = 8410.43 IRR
26 February 20241 BRL = 8411.94 IRR
27 February 20241 BRL = 8435.60 IRR
28 February 20241 BRL = 8515.12 IRR
29 February 20241 BRL = 8460.33 IRR

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

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.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.