Historic Brazilian Real Tanzanian Shilling

Brazilian Real tanzanian shilling history for December 2023. The highest quote for this month is 521.15 (27/12/2023) and the lowest 522.19 (26/12/2023). The difference between high and low is -0.2.

BRL TZS average rate for December 2023 is 511.19357, the change between 01/12/2023 and 31/12/2023 is -2.05 %.

01 December 20231 BRL = 508.8 TZS
02 December 20231 BRL = 515.0 TZS
03 December 20231 BRL = 514.1 TZS
04 December 20231 BRL = 502.0 TZS
05 December 20231 BRL = 506.8 TZS
06 December 20231 BRL = 507.3 TZS
07 December 20231 BRL = 511.8 TZS
08 December 20231 BRL = 510.2 TZS
10 December 20231 BRL = 508.7 TZS
11 December 20231 BRL = 503.3 TZS
12 December 20231 BRL = 507.4 TZS
13 December 20231 BRL = 503.8 TZS
14 December 20231 BRL = 509.3 TZS
15 December 20231 BRL = 511.7 TZS
16 December 20231 BRL = 505.8 TZS
17 December 20231 BRL = 505.8 TZS
18 December 20231 BRL = 502.6 TZS
19 December 20231 BRL = 511.7 TZS
20 December 20231 BRL = 516.8 TZS
21 December 20231 BRL = 511.7 TZS
22 December 20231 BRL = 515.2 TZS
23 December 20231 BRL = 517.2 TZS
24 December 20231 BRL = 517.2 TZS
25 December 20231 BRL = 507.7 TZS
26 December 20231 BRL = 517.4 TZS
27 December 20231 BRL = 523.4 TZS
28 December 20231 BRL = 521.5 TZS
29 December 20231 BRL = 519.2 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.