Brazilian Real south korean won exchange rate history (BRL KRW) December 2023

Brazilian Real south korean won history for December 2023. The highest quote for this month is 270.11 (07/12/2023) and the lowest 269.11 (28/12/2023). The difference between high and low is 0.37.

BRL KRW average rate for December 2023 is 265.42241, the change between 01/12/2023 and 31/12/2023 is -0.03 %.

01 December 2023	1 BRL = 263.4 KRW
02 December 2023	1 BRL = 265.4 KRW
03 December 2023	1 BRL = 265.1 KRW
04 December 2023	1 BRL = 265.0 KRW
05 December 2023	1 BRL = 264.6 KRW
06 December 2023	1 BRL = 266.5 KRW
07 December 2023	1 BRL = 268.0 KRW
08 December 2023	1 BRL = 267.4 KRW
09 December 2023	1 BRL = 265.3 KRW
10 December 2023	1 BRL = 267.2 KRW
11 December 2023	1 BRL = 269.0 KRW
12 December 2023	1 BRL = 266.1 KRW
13 December 2023	1 BRL = 263.9 KRW
14 December 2023	1 BRL = 262.7 KRW
15 December 2023	1 BRL = 262.9 KRW
16 December 2023	1 BRL = 263.2 KRW
17 December 2023	1 BRL = 263.2 KRW
18 December 2023	1 BRL = 259.5 KRW
19 December 2023	1 BRL = 266.1 KRW
20 December 2023	1 BRL = 266.7 KRW
21 December 2023	1 BRL = 263.9 KRW
22 December 2023	1 BRL = 264.6 KRW
23 December 2023	1 BRL = 267.3 KRW
24 December 2023	1 BRL = 267.4 KRW
25 December 2023	1 BRL = 266.4 KRW
26 December 2023	1 BRL = 265.8 KRW
27 December 2023	1 BRL = 268.8 KRW
28 December 2023	1 BRL = 268.3 KRW
29 December 2023	1 BRL = 263.5 KRW

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

Historic Brazilian Real South Korean Won