Historic South African rand Brazilian Real

South African rand brazilian real history for September 2023. The highest quote for this month is 0.26731 (30/09/2023) and the lowest 0.26593 (29/09/2023). The difference between high and low is 0.52.

ZAR BRL average rate for September 2023 is 0.26096, the change between 01/09/2023 and 30/09/2023 is -1.13 %.

01 September 20231 ZAR = 0.2631 BRL
04 September 20231 ZAR = 0.2647 BRL
05 September 20231 ZAR = 0.2585 BRL
06 September 20231 ZAR = 0.2598 BRL
07 September 20231 ZAR = 0.2592 BRL
08 September 20231 ZAR = 0.2601 BRL
11 September 20231 ZAR = 0.2614 BRL
12 September 20231 ZAR = 0.2616 BRL
13 September 20231 ZAR = 0.2614 BRL
14 September 20231 ZAR = 0.2614 BRL
15 September 20231 ZAR = 0.2559 BRL
18 September 20231 ZAR = 0.2565 BRL
19 September 20231 ZAR = 0.2554 BRL
20 September 20231 ZAR = 0.2574 BRL
21 September 20231 ZAR = 0.2588 BRL
22 September 20231 ZAR = 0.2604 BRL
23 September 20231 ZAR = 0.2631 BRL
25 September 20231 ZAR = 0.2633 BRL
26 September 20231 ZAR = 0.2648 BRL
27 September 20231 ZAR = 0.2616 BRL
28 September 20231 ZAR = 0.2626 BRL
29 September 20231 ZAR = 0.2653 BRL
30 September 20231 ZAR = 0.2660 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.