Brazilian Real somali shilling history for July 2023. The highest quote for this month is 119.28 (27/07/2023) and the lowest 120.54 (28/07/2023). The difference between high and low is -1.06.
BRL SOS average rate for July 2023 is 117.76762, the change between 01/07/2023 and 31/07/2023 is -1.28 %.
03 July 2023 | 1 BRL = 118.3 SOS |
04 July 2023 | 1 BRL = 117.6 SOS |
05 July 2023 | 1 BRL = 116.9 SOS |
06 July 2023 | 1 BRL = 116.6 SOS |
07 July 2023 | 1 BRL = 114.9 SOS |
10 July 2023 | 1 BRL = 116.0 SOS |
11 July 2023 | 1 BRL = 115.6 SOS |
12 July 2023 | 1 BRL = 116.7 SOS |
13 July 2023 | 1 BRL = 117.3 SOS |
14 July 2023 | 1 BRL = 118.0 SOS |
17 July 2023 | 1 BRL = 118.2 SOS |
18 July 2023 | 1 BRL = 117.6 SOS |
19 July 2023 | 1 BRL = 117.7 SOS |
20 July 2023 | 1 BRL = 118.2 SOS |
21 July 2023 | 1 BRL = 118.0 SOS |
24 July 2023 | 1 BRL = 118.5 SOS |
25 July 2023 | 1 BRL = 119.8 SOS |
26 July 2023 | 1 BRL = 119.2 SOS |
27 July 2023 | 1 BRL = 119.3 SOS |
28 July 2023 | 1 BRL = 119.2 SOS |
31 July 2023 | 1 BRL = 119.8 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.