Historic Brazilian Real Iraqi dinar

Brazilian Real iraqi dinar history for February 2024. The highest quote for this month is 265.08 (21/02/2024) and the lowest 266.34 (03/02/2024). The difference between high and low is -0.48.

BRL IQD average rate for February 2024 is 262.40259, the change between 01/02/2024 and 29/02/2024 is +2.48 %.

01 February 20241 BRL = 264.1 IQD
02 February 20241 BRL = 266.1 IQD
03 February 20241 BRL = 263.4 IQD
04 February 20241 BRL = 263.4 IQD
05 February 20241 BRL = 262.4 IQD
06 February 20241 BRL = 259.3 IQD
07 February 20241 BRL = 263.6 IQD
08 February 20241 BRL = 263.0 IQD
09 February 20241 BRL = 262.0 IQD
12 February 20241 BRL = 258.6 IQD
13 February 20241 BRL = 264.1 IQD
14 February 20241 BRL = 264.1 IQD
15 February 20241 BRL = 263.3 IQD
16 February 20241 BRL = 263.1 IQD
17 February 20241 BRL = 263.6 IQD
18 February 20241 BRL = 263.5 IQD
19 February 20241 BRL = 258.2 IQD
20 February 20241 BRL = 258.6 IQD
21 February 20241 BRL = 265.5 IQD
22 February 20241 BRL = 265.1 IQD
23 February 20241 BRL = 263.6 IQD
24 February 20241 BRL = 262.1 IQD
25 February 20241 BRL = 262.1 IQD
26 February 20241 BRL = 256.6 IQD
27 February 20241 BRL = 262.7 IQD
28 February 20241 BRL = 265.2 IQD
29 February 20241 BRL = 257.6 IQD

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
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