Historic Brazilian Real Arab Emirates Dirham

Brazilian Real arab emirates dirham history for December 2023. The highest quote for this month is 0.7597 (27/12/2023) and the lowest 0.77114 (28/12/2023). The difference between high and low is -1.51.

BRL AED average rate for December 2023 is 0.75015, the change between 01/12/2023 and 31/12/2023 is -1.47 %.

01 December 20231 BRL = 0.7458 AED
02 December 20231 BRL = 0.7538 AED
03 December 20231 BRL = 0.7526 AED
04 December 20231 BRL = 0.7489 AED
05 December 20231 BRL = 0.7427 AED
06 December 20231 BRL = 0.7451 AED
07 December 20231 BRL = 0.7491 AED
08 December 20231 BRL = 0.7477 AED
10 December 20231 BRL = 0.7454 AED
11 December 20231 BRL = 0.7504 AED
12 December 20231 BRL = 0.7437 AED
13 December 20231 BRL = 0.7396 AED
14 December 20231 BRL = 0.7465 AED
15 December 20231 BRL = 0.7471 AED
16 December 20231 BRL = 0.7433 AED
17 December 20231 BRL = 0.7433 AED
18 December 20231 BRL = 0.7464 AED
19 December 20231 BRL = 0.7500 AED
20 December 20231 BRL = 0.7545 AED
21 December 20231 BRL = 0.7471 AED
22 December 20231 BRL = 0.7521 AED
23 December 20231 BRL = 0.7569 AED
24 December 20231 BRL = 0.7569 AED
25 December 20231 BRL = 0.7540 AED
26 December 20231 BRL = 0.7540 AED
27 December 20231 BRL = 0.7630 AED
28 December 20231 BRL = 0.7608 AED
29 December 20231 BRL = 0.7572 AED
31 December 20231 BRL = 0.7567 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.
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