Historic Brazilian Real Arab Emirates Dirham

Brazilian Real arab emirates dirham history for October 2023. The highest quote for this month is 0.73644 (27/10/2023) and the lowest 0.7448 (27/10/2023). The difference between high and low is -1.14.

BRL AED average rate for October 2023 is 0.72654, the change between 01/10/2023 and 31/10/2023 is +0.3 %.

01 October 20231 BRL = 0.7299 AED
02 October 20231 BRL = 0.7283 AED
03 October 20231 BRL = 0.7255 AED
04 October 20231 BRL = 0.7108 AED
05 October 20231 BRL = 0.7124 AED
06 October 20231 BRL = 0.7109 AED
07 October 20231 BRL = 0.7136 AED
09 October 20231 BRL = 0.7137 AED
10 October 20231 BRL = 0.7151 AED
11 October 20231 BRL = 0.7270 AED
12 October 20231 BRL = 0.7272 AED
13 October 20231 BRL = 0.7277 AED
16 October 20231 BRL = 0.7275 AED
17 October 20231 BRL = 0.7289 AED
18 October 20231 BRL = 0.7291 AED
19 October 20231 BRL = 0.7263 AED
20 October 20231 BRL = 0.7253 AED
21 October 20231 BRL = 0.7300 AED
22 October 20231 BRL = 0.7299 AED
23 October 20231 BRL = 0.7299 AED
24 October 20231 BRL = 0.7326 AED
25 October 20231 BRL = 0.7357 AED
26 October 20231 BRL = 0.7352 AED
27 October 20231 BRL = 0.7366 AED
28 October 20231 BRL = 0.7323 AED
29 October 20231 BRL = 0.7326 AED
30 October 20231 BRL = 0.7416 AED
31 October 20231 BRL = 0.7277 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.