Historic South African rand Brazilian Real

South African rand brazilian real history for February 2024. The highest quote for this month is 0.26454 (01/02/2024) and the lowest 0.26467 (01/02/2024). The difference between high and low is -0.05.

ZAR BRL average rate for February 2024 is 0.26148, the change between 01/02/2024 and 29/02/2024 is +3.02 %.

01 February 20241 ZAR = 0.2660 BRL
02 February 20241 ZAR = 0.2647 BRL
03 February 20241 ZAR = 0.2630 BRL
04 February 20241 ZAR = 0.2632 BRL
05 February 20241 ZAR = 0.2613 BRL
06 February 20241 ZAR = 0.2599 BRL
07 February 20241 ZAR = 0.2637 BRL
08 February 20241 ZAR = 0.2629 BRL
09 February 20241 ZAR = 0.2632 BRL
12 February 20241 ZAR = 0.2610 BRL
13 February 20241 ZAR = 0.2620 BRL
14 February 20241 ZAR = 0.2596 BRL
15 February 20241 ZAR = 0.2611 BRL
16 February 20241 ZAR = 0.2625 BRL
17 February 20241 ZAR = 0.2636 BRL
18 February 20241 ZAR = 0.2637 BRL
19 February 20241 ZAR = 0.2638 BRL
20 February 20241 ZAR = 0.2617 BRL
21 February 20241 ZAR = 0.2606 BRL
22 February 20241 ZAR = 0.2612 BRL
23 February 20241 ZAR = 0.2592 BRL
24 February 20241 ZAR = 0.2591 BRL
25 February 20241 ZAR = 0.2587 BRL
26 February 20241 ZAR = 0.2587 BRL
27 February 20241 ZAR = 0.2592 BRL
28 February 20241 ZAR = 0.2587 BRL
29 February 20241 ZAR = 0.2580 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.
ZAR BRL July 2023
ZAR BRL August 2023
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ZAR BRL January 2024
ZAR BRL February 2024
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ZAR BRL July 2024