Cayman Islands dollar brazilian real exchange rate history (KYD BRL) December 2023

Cayman Islands dollar brazilian real history for December 2023. The highest quote for this month is 6.1035 (13/12/2023) and the lowest 6.0676 (13/12/2023). The difference between high and low is 0.59.

KYD BRL average rate for December 2023 is 5.99266, the change between 01/12/2023 and 31/12/2023 is +2.02 %.

01 December 2023	1 KYD = 6.04 BRL
02 December 2023	1 KYD = 5.94 BRL
03 December 2023	1 KYD = 5.95 BRL
04 December 2023	1 KYD = 6.01 BRL
05 December 2023	1 KYD = 6.06 BRL
06 December 2023	1 KYD = 6.05 BRL
07 December 2023	1 KYD = 6.01 BRL
08 December 2023	1 KYD = 6.02 BRL
09 December 2023	1 KYD = 6.01 BRL
10 December 2023	1 KYD = 6.01 BRL
11 December 2023	1 KYD = 6.00 BRL
12 December 2023	1 KYD = 6.05 BRL
13 December 2023	1 KYD = 6.09 BRL
14 December 2023	1 KYD = 6.04 BRL
15 December 2023	1 KYD = 6.03 BRL
16 December 2023	1 KYD = 6.03 BRL
17 December 2023	1 KYD = 6.03 BRL
18 December 2023	1 KYD = 6.00 BRL
19 December 2023	1 KYD = 6.01 BRL
20 December 2023	1 KYD = 5.98 BRL
21 December 2023	1 KYD = 6.03 BRL
22 December 2023	1 KYD = 5.99 BRL
23 December 2023	1 KYD = 5.92 BRL
24 December 2023	1 KYD = 5.92 BRL
25 December 2023	1 KYD = 5.97 BRL
26 December 2023	1 KYD = 5.97 BRL
27 December 2023	1 KYD = 5.89 BRL
28 December 2023	1 KYD = 5.92 BRL
29 December 2023	1 KYD = 5.92 BRL
31 December 2023	1 KYD = 5.92 BRL

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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

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.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

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.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

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.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

Historic Cayman Islands dollar Brazilian Real