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

Brazilian Real new zealand dollar history for October 2023. The highest quote for this month is 0.34535 (26/10/2023) and the lowest 0.34708 (27/10/2023). The difference between high and low is -0.5.

BRL NZD average rate for October 2023 is 0.3354, the change between 01/10/2023 and 31/10/2023 is -2.43 %.

01 October 2023	1 BRL = 0.3313 NZD
02 October 2023	1 BRL = 0.3307 NZD
03 October 2023	1 BRL = 0.3325 NZD
04 October 2023	1 BRL = 0.3273 NZD
05 October 2023	1 BRL = 0.3278 NZD
06 October 2023	1 BRL = 0.3245 NZD
07 October 2023	1 BRL = 0.3243 NZD
09 October 2023	1 BRL = 0.3254 NZD
10 October 2023	1 BRL = 0.3229 NZD
11 October 2023	1 BRL = 0.3277 NZD
12 October 2023	1 BRL = 0.3290 NZD
13 October 2023	1 BRL = 0.3347 NZD
16 October 2023	1 BRL = 0.3354 NZD
17 October 2023	1 BRL = 0.3364 NZD
18 October 2023	1 BRL = 0.3368 NZD
19 October 2023	1 BRL = 0.3379 NZD
20 October 2023	1 BRL = 0.3380 NZD
21 October 2023	1 BRL = 0.3409 NZD
22 October 2023	1 BRL = 0.3408 NZD
23 October 2023	1 BRL = 0.3410 NZD
24 October 2023	1 BRL = 0.3410 NZD
25 October 2023	1 BRL = 0.3427 NZD
26 October 2023	1 BRL = 0.3457 NZD
27 October 2023	1 BRL = 0.3441 NZD
28 October 2023	1 BRL = 0.3428 NZD
29 October 2023	1 BRL = 0.3429 NZD
30 October 2023	1 BRL = 0.3477 NZD
31 October 2023	1 BRL = 0.3393 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