Historic Arab Emirates Dirham Brazilian Real

Arab Emirates Dirham brazilian real history for December 2023. The highest quote for this month is 1.3547 (13/12/2023) and the lowest 1.3468 (13/12/2023). The difference between high and low is 0.58.

AED BRL average rate for December 2023 is 1.33314, the change between 01/12/2023 and 31/12/2023 is +1.45 %.

01 December 20231 AED = 1.341 BRL
02 December 20231 AED = 1.327 BRL
03 December 20231 AED = 1.329 BRL
04 December 20231 AED = 1.335 BRL
05 December 20231 AED = 1.346 BRL
06 December 20231 AED = 1.342 BRL
07 December 20231 AED = 1.335 BRL
08 December 20231 AED = 1.337 BRL
10 December 20231 AED = 1.342 BRL
11 December 20231 AED = 1.333 BRL
12 December 20231 AED = 1.345 BRL
13 December 20231 AED = 1.352 BRL
14 December 20231 AED = 1.340 BRL
15 December 20231 AED = 1.339 BRL
16 December 20231 AED = 1.345 BRL
17 December 20231 AED = 1.345 BRL
18 December 20231 AED = 1.340 BRL
19 December 20231 AED = 1.333 BRL
20 December 20231 AED = 1.325 BRL
21 December 20231 AED = 1.339 BRL
22 December 20231 AED = 1.330 BRL
23 December 20231 AED = 1.321 BRL
24 December 20231 AED = 1.321 BRL
25 December 20231 AED = 1.326 BRL
26 December 20231 AED = 1.326 BRL
27 December 20231 AED = 1.311 BRL
28 December 20231 AED = 1.314 BRL
29 December 20231 AED = 1.321 BRL
31 December 20231 AED = 1.321 BRL

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

15/09/2008: 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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.
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