Historic Brazilian Real Somali shilling

Brazilian Real somali shilling history for December 2023. The highest quote for this month is 117.49 (27/12/2023) and the lowest 119.29 (28/12/2023). The difference between high and low is -1.53.

BRL SOS average rate for December 2023 is 115.99, the change between 01/12/2023 and 31/12/2023 is -1.51 %.

01 December 20231 BRL = 115.4 SOS
04 December 20231 BRL = 115.9 SOS
05 December 20231 BRL = 114.9 SOS
06 December 20231 BRL = 115.3 SOS
07 December 20231 BRL = 115.9 SOS
08 December 20231 BRL = 115.7 SOS
11 December 20231 BRL = 116.1 SOS
12 December 20231 BRL = 115.1 SOS
13 December 20231 BRL = 114.4 SOS
14 December 20231 BRL = 115.5 SOS
15 December 20231 BRL = 115.6 SOS
18 December 20231 BRL = 115.5 SOS
19 December 20231 BRL = 116.0 SOS
20 December 20231 BRL = 116.7 SOS
21 December 20231 BRL = 115.6 SOS
22 December 20231 BRL = 116.4 SOS
25 December 20231 BRL = 116.6 SOS
26 December 20231 BRL = 116.6 SOS
27 December 20231 BRL = 118.0 SOS
28 December 20231 BRL = 117.7 SOS
29 December 20231 BRL = 117.1 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.