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

South African rand brazilian real history for November 2023. The highest quote for this month is 0.26902 (01/11/2023) and the lowest 0.26996 (01/11/2023). The difference between high and low is -0.35.

ZAR BRL average rate for November 2023 is 0.26443, the change between 01/11/2023 and 30/11/2023 is +3.16 %.

01 November 2023	1 ZAR = 0.2704 BRL
02 November 2023	1 ZAR = 0.2685 BRL
03 November 2023	1 ZAR = 0.2692 BRL
06 November 2023	1 ZAR = 0.2683 BRL
07 November 2023	1 ZAR = 0.2670 BRL
08 November 2023	1 ZAR = 0.2657 BRL
09 November 2023	1 ZAR = 0.2656 BRL
10 November 2023	1 ZAR = 0.2645 BRL
11 November 2023	1 ZAR = 0.2626 BRL
12 November 2023	1 ZAR = 0.2618 BRL
13 November 2023	1 ZAR = 0.2613 BRL
14 November 2023	1 ZAR = 0.2627 BRL
15 November 2023	1 ZAR = 0.2670 BRL
16 November 2023	1 ZAR = 0.2674 BRL
17 November 2023	1 ZAR = 0.2648 BRL
18 November 2023	1 ZAR = 0.2667 BRL
19 November 2023	1 ZAR = 0.2670 BRL
20 November 2023	1 ZAR = 0.2629 BRL
21 November 2023	1 ZAR = 0.2648 BRL
22 November 2023	1 ZAR = 0.2633 BRL
23 November 2023	1 ZAR = 0.2600 BRL
24 November 2023	1 ZAR = 0.2607 BRL
26 November 2023	1 ZAR = 0.2601 BRL
27 November 2023	1 ZAR = 0.2609 BRL
28 November 2023	1 ZAR = 0.2626 BRL
29 November 2023	1 ZAR = 0.2622 BRL
30 November 2023	1 ZAR = 0.2618 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