Brazilian Real namibian dollar exchange rate history (BRL NAD) December 2023

Brazilian Real namibian dollar history for December 2023. The highest quote for this month is 3.8788 (14/12/2023) and the lowest 3.9159 (14/12/2023). The difference between high and low is -0.96.

BRL NAD average rate for December 2023 is 3.80519, the change between 01/12/2023 and 31/12/2023 is +0.23 %.

01 December 2023	1 BRL = 3.798 NAD
02 December 2023	1 BRL = 3.822 NAD
03 December 2023	1 BRL = 3.816 NAD
04 December 2023	1 BRL = 3.794 NAD
05 December 2023	1 BRL = 3.763 NAD
06 December 2023	1 BRL = 3.850 NAD
07 December 2023	1 BRL = 3.854 NAD
08 December 2023	1 BRL = 3.817 NAD
10 December 2023	1 BRL = 3.847 NAD
11 December 2023	1 BRL = 3.877 NAD
12 December 2023	1 BRL = 3.863 NAD
13 December 2023	1 BRL = 3.841 NAD
14 December 2023	1 BRL = 3.879 NAD
15 December 2023	1 BRL = 3.882 NAD
16 December 2023	1 BRL = 3.713 NAD
17 December 2023	1 BRL = 3.713 NAD
18 December 2023	1 BRL = 3.878 NAD
19 December 2023	1 BRL = 3.732 NAD
20 December 2023	1 BRL = 3.754 NAD
21 December 2023	1 BRL = 3.716 NAD
22 December 2023	1 BRL = 3.740 NAD
23 December 2023	1 BRL = 3.793 NAD
24 December 2023	1 BRL = 3.801 NAD
25 December 2023	1 BRL = 3.768 NAD
26 December 2023	1 BRL = 3.768 NAD
27 December 2023	1 BRL = 3.868 NAD
28 December 2023	1 BRL = 3.809 NAD
29 December 2023	1 BRL = 3.790 NAD

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

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.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

Historic Brazilian Real Namibian dollar