Brazilian Real new zealand dollar exchange rate history (BRL NZD) November 2023

Brazilian Real new zealand dollar history for November 2023. The highest quote for this month is 0.34743 (14/11/2023) and the lowest 0.3467 (08/11/2023). The difference between high and low is 0.21.

BRL NZD average rate for November 2023 is 0.34116, the change between 01/11/2023 and 30/11/2023 is +3.16 %.

01 November 2023	1 BRL = 0.3421 NZD
02 November 2023	1 BRL = 0.3433 NZD
03 November 2023	1 BRL = 0.3425 NZD
06 November 2023	1 BRL = 0.3404 NZD
07 November 2023	1 BRL = 0.3434 NZD
08 November 2023	1 BRL = 0.3458 NZD
09 November 2023	1 BRL = 0.3445 NZD
10 November 2023	1 BRL = 0.3442 NZD
11 November 2023	1 BRL = 0.3451 NZD
12 November 2023	1 BRL = 0.3455 NZD
13 November 2023	1 BRL = 0.3467 NZD
14 November 2023	1 BRL = 0.3465 NZD
15 November 2023	1 BRL = 0.3424 NZD
16 November 2023	1 BRL = 0.3412 NZD
17 November 2023	1 BRL = 0.3448 NZD
18 November 2023	1 BRL = 0.3407 NZD
19 November 2023	1 BRL = 0.3403 NZD
20 November 2023	1 BRL = 0.3461 NZD
21 November 2023	1 BRL = 0.3413 NZD
22 November 2023	1 BRL = 0.3371 NZD
23 November 2023	1 BRL = 0.3386 NZD
24 November 2023	1 BRL = 0.3372 NZD
26 November 2023	1 BRL = 0.3360 NZD
27 November 2023	1 BRL = 0.3357 NZD
28 November 2023	1 BRL = 0.3347 NZD
29 November 2023	1 BRL = 0.3341 NZD
30 November 2023	1 BRL = 0.3313 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.

Historic Brazilian Real New Zealand Dollar