Bermudian dollar brazilian real exchange rate history (BMD BRL) November 2023

Bermudian dollar brazilian real history for November 2023. The highest quote for this month is 5.0428 (01/11/2023) and the lowest 5.0046 (01/11/2023). The difference between high and low is 0.76.

BMD BRL average rate for November 2023 is 4.89963, the change between 01/11/2023 and 30/11/2023 is +2.58 %.

01 November 2023	1 BMD = 5.03 BRL
02 November 2023	1 BMD = 4.954 BRL
03 November 2023	1 BMD = 4.953 BRL
06 November 2023	1 BMD = 4.899 BRL
07 November 2023	1 BMD = 4.884 BRL
08 November 2023	1 BMD = 4.872 BRL
09 November 2023	1 BMD = 4.909 BRL
10 November 2023	1 BMD = 4.934 BRL
11 November 2023	1 BMD = 4.914 BRL
12 November 2023	1 BMD = 4.904 BRL
13 November 2023	1 BMD = 4.893 BRL
14 November 2023	1 BMD = 4.906 BRL
15 November 2023	1 BMD = 4.865 BRL
16 November 2023	1 BMD = 4.861 BRL
17 November 2023	1 BMD = 4.862 BRL
18 November 2023	1 BMD = 4.898 BRL
19 November 2023	1 BMD = 4.904 BRL
20 November 2023	1 BMD = 4.819 BRL
21 November 2023	1 BMD = 4.852 BRL
22 November 2023	1 BMD = 4.899 BRL
23 November 2023	1 BMD = 4.906 BRL
24 November 2023	1 BMD = 4.903 BRL
26 November 2023	1 BMD = 4.895 BRL
27 November 2023	1 BMD = 4.901 BRL
28 November 2023	1 BMD = 4.896 BRL
29 November 2023	1 BMD = 4.870 BRL
30 November 2023	1 BMD = 4.904 BRL

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

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.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

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.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

Historic Bermudian dollar Brazilian Real