Historic Brazilian Real Tanzanian Shilling

Brazilian Real tanzanian shilling history for August 2023. The highest quote for this month is 513.92 (01/08/2023) and the lowest 519.93 (01/08/2023). The difference between high and low is -1.17.

BRL TZS average rate for August 2023 is 508.32808, the change between 01/08/2023 and 31/08/2023 is +1.38 %.

01 August 20231 BRL = 519.6 TZS
02 August 20231 BRL = 512.3 TZS
03 August 20231 BRL = 510.4 TZS
04 August 20231 BRL = 503.4 TZS
07 August 20231 BRL = 509.5 TZS
08 August 20231 BRL = 505.2 TZS
09 August 20231 BRL = 505.1 TZS
10 August 20231 BRL = 510.0 TZS
11 August 20231 BRL = 510.1 TZS
12 August 20231 BRL = 509.1 TZS
14 August 20231 BRL = 509.1 TZS
15 August 20231 BRL = 505.1 TZS
16 August 20231 BRL = 502.9 TZS
17 August 20231 BRL = 500.3 TZS
18 August 20231 BRL = 503.5 TZS
19 August 20231 BRL = 502.9 TZS
20 August 20231 BRL = 502.9 TZS
21 August 20231 BRL = 504.3 TZS
22 August 20231 BRL = 503.1 TZS
23 August 20231 BRL = 507.4 TZS
24 August 20231 BRL = 513.9 TZS
25 August 20231 BRL = 513.3 TZS
28 August 20231 BRL = 512.5 TZS
29 August 20231 BRL = 513.1 TZS
30 August 20231 BRL = 515.3 TZS
31 August 20231 BRL = 512.4 TZS

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.