Brazilian Real tanzanian shilling history for January 2024. The highest quote for this month is 517.41 (29/01/2024) and the lowest 520.54 (12/01/2024). The difference between high and low is -0.6.
BRL TZS average rate for January 2024 is 511.60037, the change between 01/01/2024 and 31/01/2024 is -0.69 %.
01 January 2024 | 1 BRL = 510.6 TZS |
02 January 2024 | 1 BRL = 510.9 TZS |
03 January 2024 | 1 BRL = 510.9 TZS |
04 January 2024 | 1 BRL = 511.3 TZS |
05 January 2024 | 1 BRL = 513.7 TZS |
06 January 2024 | 1 BRL = 515.2 TZS |
07 January 2024 | 1 BRL = 515.1 TZS |
08 January 2024 | 1 BRL = 507.0 TZS |
09 January 2024 | 1 BRL = 516.5 TZS |
10 January 2024 | 1 BRL = 512.7 TZS |
11 January 2024 | 1 BRL = 514.2 TZS |
12 January 2024 | 1 BRL = 516.5 TZS |
14 January 2024 | 1 BRL = 516.7 TZS |
15 January 2024 | 1 BRL = 508.1 TZS |
16 January 2024 | 1 BRL = 516.3 TZS |
17 January 2024 | 1 BRL = 503.1 TZS |
18 January 2024 | 1 BRL = 511.8 TZS |
19 January 2024 | 1 BRL = 510.5 TZS |
22 January 2024 | 1 BRL = 503.0 TZS |
23 January 2024 | 1 BRL = 505.2 TZS |
24 January 2024 | 1 BRL = 507.9 TZS |
25 January 2024 | 1 BRL = 510.9 TZS |
26 January 2024 | 1 BRL = 511.6 TZS |
28 January 2024 | 1 BRL = 516.4 TZS |
29 January 2024 | 1 BRL = 509.1 TZS |
30 January 2024 | 1 BRL = 514.1 TZS |
31 January 2024 | 1 BRL = 514.1 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.