Historic Brazilian Real Iranian Rial

Brazilian Real iranian rial history for October 2023. The highest quote for this month is 8421.22 (27/10/2023) and the lowest 8518.92 (27/10/2023). The difference between high and low is -1.16.

BRL IRR average rate for October 2023 is 8309.0237, the change between 01/10/2023 and 31/10/2023 is +0.22 %.

01 October 20231 BRL = 8346.58 IRR
02 October 20231 BRL = 8328.71 IRR
03 October 20231 BRL = 8302.87 IRR
04 October 20231 BRL = 8129.61 IRR
05 October 20231 BRL = 8152.91 IRR
06 October 20231 BRL = 8136.50 IRR
07 October 20231 BRL = 8160.73 IRR
09 October 20231 BRL = 8167.01 IRR
10 October 20231 BRL = 8183.71 IRR
11 October 20231 BRL = 8320.13 IRR
12 October 20231 BRL = 8317.49 IRR
13 October 20231 BRL = 8323.59 IRR
16 October 20231 BRL = 8324.75 IRR
17 October 20231 BRL = 8337.30 IRR
18 October 20231 BRL = 8337.63 IRR
19 October 20231 BRL = 8311.74 IRR
20 October 20231 BRL = 8300.58 IRR
21 October 20231 BRL = 8347.91 IRR
22 October 20231 BRL = 8346.25 IRR
23 October 20231 BRL = 8347.74 IRR
24 October 20231 BRL = 8379.39 IRR
25 October 20231 BRL = 8415.15 IRR
26 October 20231 BRL = 8408.91 IRR
27 October 20231 BRL = 8424.77 IRR
29 October 20231 BRL = 8377.05 IRR
30 October 20231 BRL = 8486.42 IRR
31 October 20231 BRL = 8328.21 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.