Historic Brazilian Real Tanzanian Shilling

Brazilian Real tanzanian shilling history for October 2023. The highest quote for this month is 502.26 (27/10/2023) and the lowest 506.87 (27/10/2023). The difference between high and low is -0.92.

BRL TZS average rate for October 2023 is 494.72393, the change between 01/10/2023 and 31/10/2023 is +0.48 %.

01 October 20231 BRL = 497.6 TZS
02 October 20231 BRL = 497.7 TZS
03 October 20231 BRL = 495.9 TZS
04 October 20231 BRL = 485.8 TZS
05 October 20231 BRL = 486.9 TZS
06 October 20231 BRL = 475.1 TZS
07 October 20231 BRL = 486.5 TZS
09 October 20231 BRL = 487.8 TZS
10 October 20231 BRL = 489.8 TZS
11 October 20231 BRL = 496.9 TZS
12 October 20231 BRL = 497.1 TZS
13 October 20231 BRL = 497.4 TZS
16 October 20231 BRL = 496.0 TZS
17 October 20231 BRL = 496.7 TZS
18 October 20231 BRL = 497.3 TZS
19 October 20231 BRL = 495.9 TZS
20 October 20231 BRL = 495.8 TZS
21 October 20231 BRL = 496.3 TZS
22 October 20231 BRL = 496.2 TZS
23 October 20231 BRL = 497.1 TZS
24 October 20231 BRL = 499.0 TZS
25 October 20231 BRL = 501.1 TZS
26 October 20231 BRL = 500.7 TZS
27 October 20231 BRL = 501.7 TZS
28 October 20231 BRL = 497.1 TZS
29 October 20231 BRL = 497.2 TZS
30 October 20231 BRL = 494.4 TZS
31 October 20231 BRL = 495.2 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.