Namibian dollar brazilian real exchange rate history (NAD BRL) December 2023

Namibian dollar brazilian real history for December 2023. The highest quote for this month is 0.2709 (18/12/2023) and the lowest 0.2696 (18/12/2023). The difference between high and low is 0.48.

NAD BRL average rate for December 2023 is 0.26285, the change between 01/12/2023 and 31/12/2023 is -0.23 %.

01 December 2023	1 NAD = 0.2633 BRL
02 December 2023	1 NAD = 0.2616 BRL
03 December 2023	1 NAD = 0.2620 BRL
04 December 2023	1 NAD = 0.2636 BRL
05 December 2023	1 NAD = 0.2658 BRL
06 December 2023	1 NAD = 0.2598 BRL
07 December 2023	1 NAD = 0.2595 BRL
08 December 2023	1 NAD = 0.2620 BRL
10 December 2023	1 NAD = 0.2600 BRL
11 December 2023	1 NAD = 0.2580 BRL
12 December 2023	1 NAD = 0.2589 BRL
13 December 2023	1 NAD = 0.2603 BRL
14 December 2023	1 NAD = 0.2578 BRL
15 December 2023	1 NAD = 0.2576 BRL
16 December 2023	1 NAD = 0.2693 BRL
17 December 2023	1 NAD = 0.2694 BRL
18 December 2023	1 NAD = 0.2578 BRL
19 December 2023	1 NAD = 0.2680 BRL
20 December 2023	1 NAD = 0.2664 BRL
21 December 2023	1 NAD = 0.2692 BRL
22 December 2023	1 NAD = 0.2674 BRL
23 December 2023	1 NAD = 0.2636 BRL
24 December 2023	1 NAD = 0.2631 BRL
25 December 2023	1 NAD = 0.2654 BRL
26 December 2023	1 NAD = 0.2654 BRL
27 December 2023	1 NAD = 0.2585 BRL
28 December 2023	1 NAD = 0.2626 BRL
29 December 2023	1 NAD = 0.2639 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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

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.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

Historic Namibian dollar Brazilian Real