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.
01/03/2018: Redenomination of the Aruban florin
Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.
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.
01/01/2011: Introduction of polymer banknotes
Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.
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.
01/01/2003: Replacement of older banknotes
Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.
18/06/2002: Exchange Rate Floatation
The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.
01/01/2000: Adoption of new currency symbol
The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.
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.
01/07/1994: 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.
01/01/1993: Currency reform
A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.
01/01/1990: Introduction of the guilders coins
Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.
01/01/1986: Introduction of the Aruban florin
The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.