Brazilian Real tanzanian shilling history for July 2023. The highest quote for this month is 520.38 (27/07/2023) and the lowest 521.75 (28/07/2023). The difference between high and low is -0.26.
BRL TZS average rate for July 2023 is 507.68762, the change between 01/07/2023 and 31/07/2023 is -2.78 %.
03 July 2023 | 1 BRL = 504.8 TZS |
04 July 2023 | 1 BRL = 504.1 TZS |
05 July 2023 | 1 BRL = 500.0 TZS |
06 July 2023 | 1 BRL = 500.3 TZS |
07 July 2023 | 1 BRL = 497.1 TZS |
10 July 2023 | 1 BRL = 502.1 TZS |
11 July 2023 | 1 BRL = 499.2 TZS |
12 July 2023 | 1 BRL = 504.0 TZS |
13 July 2023 | 1 BRL = 493.5 TZS |
14 July 2023 | 1 BRL = 509.9 TZS |
17 July 2023 | 1 BRL = 510.9 TZS |
18 July 2023 | 1 BRL = 506.5 TZS |
19 July 2023 | 1 BRL = 508.4 TZS |
20 July 2023 | 1 BRL = 510.5 TZS |
21 July 2023 | 1 BRL = 509.7 TZS |
24 July 2023 | 1 BRL = 511.5 TZS |
25 July 2023 | 1 BRL = 519.5 TZS |
26 July 2023 | 1 BRL = 514.9 TZS |
27 July 2023 | 1 BRL = 518.3 TZS |
28 July 2023 | 1 BRL = 517.8 TZS |
31 July 2023 | 1 BRL = 518.8 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.