Brazilian Real vanuatu vatu history for August 2023. The highest quote for this month is 24.404 (01/08/2023) and the lowest 24.754 (01/08/2023). The difference between high and low is -1.43.
BRL VUV average rate for August 2023 is 24.20854, the change between 01/08/2023 and 31/08/2023 is +2.39 %.
01 August 2023 | 1 BRL = 24.73 VUV |
03 August 2023 | 1 BRL = 24.62 VUV |
04 August 2023 | 1 BRL = 24.08 VUV |
07 August 2023 | 1 BRL = 24.16 VUV |
08 August 2023 | 1 BRL = 24.10 VUV |
10 August 2023 | 1 BRL = 24.17 VUV |
12 August 2023 | 1 BRL = 24.24 VUV |
14 August 2023 | 1 BRL = 24.18 VUV |
15 August 2023 | 1 BRL = 23.98 VUV |
17 August 2023 | 1 BRL = 24.02 VUV |
19 August 2023 | 1 BRL = 24.15 VUV |
20 August 2023 | 1 BRL = 24.15 VUV |
21 August 2023 | 1 BRL = 24.14 VUV |
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.