Historic Namibian dollar Brazilian Real

Namibian dollar brazilian real history for February 2024. The highest quote for this month is 0.26754 (02/02/2024) and the lowest 0.26467 (03/02/2024). The difference between high and low is 1.07.

NAD BRL average rate for February 2024 is 0.26123, the change between 01/02/2024 and 29/02/2024 is +3.63 %.

01 February 20241 NAD = 0.2667 BRL
02 February 20241 NAD = 0.2644 BRL
03 February 20241 NAD = 0.2630 BRL
04 February 20241 NAD = 0.2630 BRL
05 February 20241 NAD = 0.2654 BRL
06 February 20241 NAD = 0.2596 BRL
07 February 20241 NAD = 0.2635 BRL
08 February 20241 NAD = 0.2629 BRL
09 February 20241 NAD = 0.2633 BRL
12 February 20241 NAD = 0.2604 BRL
13 February 20241 NAD = 0.2604 BRL
14 February 20241 NAD = 0.2587 BRL
15 February 20241 NAD = 0.2608 BRL
16 February 20241 NAD = 0.2623 BRL
17 February 20241 NAD = 0.2636 BRL
18 February 20241 NAD = 0.2632 BRL
19 February 20241 NAD = 0.2619 BRL
20 February 20241 NAD = 0.2627 BRL
21 February 20241 NAD = 0.2605 BRL
22 February 20241 NAD = 0.2610 BRL
23 February 20241 NAD = 0.2587 BRL
24 February 20241 NAD = 0.2586 BRL
25 February 20241 NAD = 0.2587 BRL
26 February 20241 NAD = 0.2604 BRL
27 February 20241 NAD = 0.2576 BRL
28 February 20241 NAD = 0.2552 BRL
29 February 20241 NAD = 0.2570 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.