Historic Brazilian Real Tanzanian Shilling

Brazilian Real tanzanian shilling history for September 2023. The highest quote for this month is 515.62 (20/09/2023) and the lowest 518 (19/09/2023). The difference between high and low is -0.46.

BRL TZS average rate for September 2023 is 505.82792, the change between 01/09/2023 and 30/09/2023 is +1.59 %.

01 September 20231 BRL = 505.7 TZS
04 September 20231 BRL = 503.4 TZS
05 September 20231 BRL = 498.5 TZS
06 September 20231 BRL = 504.4 TZS
07 September 20231 BRL = 503.3 TZS
08 September 20231 BRL = 493.9 TZS
11 September 20231 BRL = 502.7 TZS
12 September 20231 BRL = 507.4 TZS
13 September 20231 BRL = 506.5 TZS
14 September 20231 BRL = 509.7 TZS
15 September 20231 BRL = 514.5 TZS
18 September 20231 BRL = 514.7 TZS
19 September 20231 BRL = 516.1 TZS
20 September 20231 BRL = 514.8 TZS
21 September 20231 BRL = 513.4 TZS
22 September 20231 BRL = 507.6 TZS
23 September 20231 BRL = 507.2 TZS
24 September 20231 BRL = 507.7 TZS
25 September 20231 BRL = 508.5 TZS
26 September 20231 BRL = 504.2 TZS
27 September 20231 BRL = 502.4 TZS
28 September 20231 BRL = 497.8 TZS
29 September 20231 BRL = 497.8 TZS
30 September 20231 BRL = 497.6 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.