Historic Brazilian Real New Zealand Dollar

Brazilian Real new zealand dollar history for September 2023. The highest quote for this month is 0.34809 (18/09/2023) and the lowest 0.34871 (18/09/2023). The difference between high and low is -0.18.

BRL NZD average rate for September 2023 is 0.34098, the change between 01/09/2023 and 30/09/2023 is +1.91 %.

01 September 20231 BRL = 0.3377 NZD
04 September 20231 BRL = 0.3382 NZD
05 September 20231 BRL = 0.3412 NZD
06 September 20231 BRL = 0.3422 NZD
07 September 20231 BRL = 0.3422 NZD
08 September 20231 BRL = 0.3417 NZD
11 September 20231 BRL = 0.3401 NZD
12 September 20231 BRL = 0.3429 NZD
13 September 20231 BRL = 0.3421 NZD
14 September 20231 BRL = 0.3436 NZD
15 September 20231 BRL = 0.3478 NZD
18 September 20231 BRL = 0.3479 NZD
19 September 20231 BRL = 0.3479 NZD
20 September 20231 BRL = 0.3453 NZD
21 September 20231 BRL = 0.3459 NZD
22 September 20231 BRL = 0.3416 NZD
23 September 20231 BRL = 0.3398 NZD
25 September 20231 BRL = 0.3402 NZD
26 September 20231 BRL = 0.3373 NZD
27 September 20231 BRL = 0.3372 NZD
28 September 20231 BRL = 0.3352 NZD
29 September 20231 BRL = 0.3331 NZD
30 September 20231 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.