Historic Arab Emirates Dirham Brazilian Real

Arab Emirates Dirham brazilian real history for October 2023. The highest quote for this month is 1.4211 (07/10/2023) and the lowest 1.4007 (09/10/2023). The difference between high and low is 1.44.

AED BRL average rate for October 2023 is 1.37656, the change between 01/10/2023 and 31/10/2023 is -0.3 %.

01 October 20231 AED = 1.370 BRL
02 October 20231 AED = 1.373 BRL
03 October 20231 AED = 1.378 BRL
04 October 20231 AED = 1.407 BRL
05 October 20231 AED = 1.404 BRL
06 October 20231 AED = 1.407 BRL
07 October 20231 AED = 1.401 BRL
09 October 20231 AED = 1.401 BRL
10 October 20231 AED = 1.399 BRL
11 October 20231 AED = 1.376 BRL
12 October 20231 AED = 1.375 BRL
13 October 20231 AED = 1.374 BRL
16 October 20231 AED = 1.375 BRL
17 October 20231 AED = 1.372 BRL
18 October 20231 AED = 1.372 BRL
19 October 20231 AED = 1.377 BRL
20 October 20231 AED = 1.379 BRL
21 October 20231 AED = 1.370 BRL
22 October 20231 AED = 1.370 BRL
23 October 20231 AED = 1.370 BRL
24 October 20231 AED = 1.365 BRL
25 October 20231 AED = 1.359 BRL
26 October 20231 AED = 1.360 BRL
27 October 20231 AED = 1.358 BRL
28 October 20231 AED = 1.366 BRL
29 October 20231 AED = 1.365 BRL
30 October 20231 AED = 1.348 BRL
31 October 20231 AED = 1.374 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.