South African rand brazilian real exchange rate history (ZAR BRL) December 2023

South African rand brazilian real history for December 2023. The highest quote for this month is 0.26933 (16/12/2023) and the lowest 0.27039 (25/12/2023). The difference between high and low is -0.39.

ZAR BRL average rate for December 2023 is 0.26342, the change between 01/12/2023 and 31/12/2023 is -1.57 %.

01 December 2023	1 ZAR = 0.2613 BRL
02 December 2023	1 ZAR = 0.2614 BRL
03 December 2023	1 ZAR = 0.2619 BRL
04 December 2023	1 ZAR = 0.2637 BRL
05 December 2023	1 ZAR = 0.2630 BRL
06 December 2023	1 ZAR = 0.2601 BRL
07 December 2023	1 ZAR = 0.2585 BRL
08 December 2023	1 ZAR = 0.2611 BRL
10 December 2023	1 ZAR = 0.2596 BRL
11 December 2023	1 ZAR = 0.2589 BRL
12 December 2023	1 ZAR = 0.2588 BRL
13 December 2023	1 ZAR = 0.2623 BRL
14 December 2023	1 ZAR = 0.2637 BRL
15 December 2023	1 ZAR = 0.2684 BRL
16 December 2023	1 ZAR = 0.2693 BRL
17 December 2023	1 ZAR = 0.2693 BRL
18 December 2023	1 ZAR = 0.2690 BRL
19 December 2023	1 ZAR = 0.2636 BRL
20 December 2023	1 ZAR = 0.2656 BRL
21 December 2023	1 ZAR = 0.2693 BRL
22 December 2023	1 ZAR = 0.2688 BRL
23 December 2023	1 ZAR = 0.2631 BRL
24 December 2023	1 ZAR = 0.2631 BRL
25 December 2023	1 ZAR = 0.2637 BRL
26 December 2023	1 ZAR = 0.2640 BRL
27 December 2023	1 ZAR = 0.2581 BRL
28 December 2023	1 ZAR = 0.2630 BRL
29 December 2023	1 ZAR = 0.2612 BRL
31 December 2023	1 ZAR = 0.2654 BRL

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

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.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

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.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

Historic South African rand Brazilian Real