Historic Arab Emirates Dirham Brazilian Real

Arab Emirates Dirham brazilian real history for February 2024. The highest quote for this month is 1.3654 (05/02/2024) and the lowest 1.3598 (25/02/2024). The difference between high and low is 0.41.

AED BRL average rate for February 2024 is 1.351, the change between 01/02/2024 and 29/02/2024 is -0.31 %.

01 February 20241 AED = 1.349 BRL
02 February 20241 AED = 1.339 BRL
03 February 20241 AED = 1.353 BRL
04 February 20241 AED = 1.353 BRL
05 February 20241 AED = 1.343 BRL
06 February 20241 AED = 1.348 BRL
07 February 20241 AED = 1.351 BRL
08 February 20241 AED = 1.353 BRL
09 February 20241 AED = 1.359 BRL
12 February 20241 AED = 1.349 BRL
13 February 20241 AED = 1.349 BRL
14 February 20241 AED = 1.349 BRL
15 February 20241 AED = 1.353 BRL
16 February 20241 AED = 1.354 BRL
17 February 20241 AED = 1.352 BRL
18 February 20241 AED = 1.353 BRL
19 February 20241 AED = 1.352 BRL
20 February 20241 AED = 1.350 BRL
21 February 20241 AED = 1.341 BRL
22 February 20241 AED = 1.344 BRL
23 February 20241 AED = 1.351 BRL
24 February 20241 AED = 1.360 BRL
25 February 20241 AED = 1.360 BRL
26 February 20241 AED = 1.360 BRL
27 February 20241 AED = 1.356 BRL
28 February 20241 AED = 1.343 BRL
29 February 20241 AED = 1.353 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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