Historic Brazilian Real Iranian Rial

Brazilian Real iranian rial history for December 2023. The highest quote for this month is 8687.74 (27/12/2023) and the lowest 8825.99 (28/12/2023). The difference between high and low is -1.59.

BRL IRR average rate for December 2023 is 8579.34071, the change between 01/12/2023 and 31/12/2023 is -1.56 %.

01 December 20231 BRL = 8531.21 IRR
02 December 20231 BRL = 8621.57 IRR
03 December 20231 BRL = 8606.38 IRR
04 December 20231 BRL = 8567.65 IRR
05 December 20231 BRL = 8496.69 IRR
06 December 20231 BRL = 8528.32 IRR
07 December 20231 BRL = 8574.43 IRR
08 December 20231 BRL = 8553.80 IRR
10 December 20231 BRL = 8525.84 IRR
11 December 20231 BRL = 8588.30 IRR
12 December 20231 BRL = 8507.71 IRR
13 December 20231 BRL = 8460.07 IRR
14 December 20231 BRL = 8539.36 IRR
15 December 20231 BRL = 8545.97 IRR
16 December 20231 BRL = 8500.99 IRR
17 December 20231 BRL = 8500.99 IRR
18 December 20231 BRL = 8537.18 IRR
19 December 20231 BRL = 8578.61 IRR
20 December 20231 BRL = 8630.43 IRR
21 December 20231 BRL = 8551.05 IRR
22 December 20231 BRL = 8608.51 IRR
23 December 20231 BRL = 8657.12 IRR
24 December 20231 BRL = 8657.12 IRR
25 December 20231 BRL = 8624.51 IRR
26 December 20231 BRL = 8629.82 IRR
27 December 20231 BRL = 8725.46 IRR
28 December 20231 BRL = 8707.86 IRR
29 December 20231 BRL = 8664.59 IRR

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

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.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

01/07/1994: 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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.