Historic Brazilian Real Iranian Rial

Brazilian Real iranian rial history for July 2023. The highest quote for this month is 8871.84 (27/07/2023) and the lowest 8953.21 (31/07/2023). The difference between high and low is -0.92.

BRL IRR average rate for July 2023 is 8749.55524, the change between 01/07/2023 and 31/07/2023 is -1.47 %.

03 July 20231 BRL = 8784.12 IRR
04 July 20231 BRL = 8738.17 IRR
05 July 20231 BRL = 8682.00 IRR
06 July 20231 BRL = 8667.89 IRR
07 July 20231 BRL = 8541.89 IRR
10 July 20231 BRL = 8627.77 IRR
11 July 20231 BRL = 8574.58 IRR
12 July 20231 BRL = 8657.12 IRR
13 July 20231 BRL = 8724.49 IRR
14 July 20231 BRL = 8759.49 IRR
17 July 20231 BRL = 8771.75 IRR
18 July 20231 BRL = 8744.64 IRR
19 July 20231 BRL = 8733.08 IRR
20 July 20231 BRL = 8778.89 IRR
21 July 20231 BRL = 8766.08 IRR
24 July 20231 BRL = 8801.86 IRR
25 July 20231 BRL = 8893.24 IRR
26 July 20231 BRL = 8844.15 IRR
27 July 20231 BRL = 8873.15 IRR
28 July 20231 BRL = 8863.04 IRR
31 July 20231 BRL = 8913.26 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.