Historic Brazilian Real New Zealand Dollar

Brazilian Real new zealand dollar history for February 2024. The highest quote for this month is 0.33336 (13/02/2024) and the lowest 0.33589 (03/02/2024). The difference between high and low is -0.76.

BRL NZD average rate for February 2024 is 0.32893, the change between 01/02/2024 and 29/02/2024 is +0.07 %.

01 February 20241 BRL = 0.3304 NZD
02 February 20241 BRL = 0.3311 NZD
03 February 20241 BRL = 0.3316 NZD
04 February 20241 BRL = 0.3315 NZD
05 February 20241 BRL = 0.3343 NZD
06 February 20241 BRL = 0.3338 NZD
07 February 20241 BRL = 0.3304 NZD
08 February 20241 BRL = 0.3294 NZD
09 February 20241 BRL = 0.3280 NZD
12 February 20241 BRL = 0.3284 NZD
13 February 20241 BRL = 0.3295 NZD
14 February 20241 BRL = 0.3334 NZD
15 February 20241 BRL = 0.3305 NZD
16 February 20241 BRL = 0.3291 NZD
17 February 20241 BRL = 0.3286 NZD
18 February 20241 BRL = 0.3284 NZD
19 February 20241 BRL = 0.3282 NZD
20 February 20241 BRL = 0.3285 NZD
21 February 20241 BRL = 0.3291 NZD
22 February 20241 BRL = 0.3279 NZD
23 February 20241 BRL = 0.3253 NZD
24 February 20241 BRL = 0.3231 NZD
25 February 20241 BRL = 0.3229 NZD
26 February 20241 BRL = 0.3237 NZD
27 February 20241 BRL = 0.3257 NZD
28 February 20241 BRL = 0.3286 NZD
29 February 20241 BRL = 0.3302 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

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.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
BRL NZD July 2023
BRL NZD August 2023
BRL NZD September 2023
BRL NZD October 2023
BRL NZD November 2023
BRL NZD December 2023
BRL NZD January 2024
BRL NZD February 2024
BRL NZD March 2024
BRL NZD April 2024
BRL NZD May 2024
BRL NZD June 2024
BRL NZD July 2024