Historic South African rand Brazilian Real

South African rand brazilian real history for January 2024. The highest quote for this month is 0.26454 (06/01/2024) and the lowest 0.26609 (02/01/2024). The difference between high and low is -0.59.

ZAR BRL average rate for January 2024 is 0.26172, the change between 01/01/2024 and 31/01/2024 is +0.72 %.

01 January 20241 ZAR = 0.2655 BRL
02 January 20241 ZAR = 0.2652 BRL
03 January 20241 ZAR = 0.2653 BRL
04 January 20241 ZAR = 0.2634 BRL
05 January 20241 ZAR = 0.2620 BRL
06 January 20241 ZAR = 0.2610 BRL
07 January 20241 ZAR = 0.2610 BRL
08 January 20241 ZAR = 0.2603 BRL
09 January 20241 ZAR = 0.2623 BRL
10 January 20241 ZAR = 0.2632 BRL
11 January 20241 ZAR = 0.2625 BRL
12 January 20241 ZAR = 0.2612 BRL
14 January 20241 ZAR = 0.2610 BRL
15 January 20241 ZAR = 0.2608 BRL
16 January 20241 ZAR = 0.2607 BRL
17 January 20241 ZAR = 0.2598 BRL
18 January 20241 ZAR = 0.2586 BRL
19 January 20241 ZAR = 0.2604 BRL
22 January 20241 ZAR = 0.2580 BRL
23 January 20241 ZAR = 0.2599 BRL
24 January 20241 ZAR = 0.2618 BRL
25 January 20241 ZAR = 0.2613 BRL
26 January 20241 ZAR = 0.2604 BRL
28 January 20241 ZAR = 0.2618 BRL
29 January 20241 ZAR = 0.2620 BRL
30 January 20241 ZAR = 0.2636 BRL
31 January 20241 ZAR = 0.2636 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
ZAR BRL September 2023
ZAR BRL October 2023
ZAR BRL November 2023
ZAR BRL December 2023
ZAR BRL January 2024
ZAR BRL February 2024
ZAR BRL March 2024
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ZAR BRL May 2024
ZAR BRL June 2024
ZAR BRL July 2024