Historic Brazilian Real Somali shilling

Brazilian Real somali shilling history for August 2023. The highest quote for this month is 117.99 (01/08/2023) and the lowest 119.68 (01/08/2023). The difference between high and low is -1.43.

BRL SOS average rate for August 2023 is 115.48348, the change between 01/08/2023 and 31/08/2023 is +3.35 %.

01 August 20231 BRL = 119.6 SOS
02 August 20231 BRL = 117.9 SOS
03 August 20231 BRL = 117.5 SOS
04 August 20231 BRL = 115.1 SOS
07 August 20231 BRL = 115.9 SOS
08 August 20231 BRL = 115.5 SOS
09 August 20231 BRL = 115.5 SOS
10 August 20231 BRL = 115.5 SOS
11 August 20231 BRL = 115.7 SOS
14 August 20231 BRL = 115.3 SOS
15 August 20231 BRL = 114.1 SOS
16 August 20231 BRL = 113.6 SOS
17 August 20231 BRL = 113.3 SOS
18 August 20231 BRL = 113.6 SOS
21 August 20231 BRL = 113.8 SOS
22 August 20231 BRL = 113.7 SOS
23 August 20231 BRL = 114.6 SOS
24 August 20231 BRL = 116.4 SOS
25 August 20231 BRL = 115.8 SOS
28 August 20231 BRL = 116.0 SOS
29 August 20231 BRL = 116.0 SOS
30 August 20231 BRL = 116.5 SOS
31 August 20231 BRL = 115.6 SOS

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.

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.

01/07/1994: 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.