Brazilian Real somali shilling history for March 2024. The highest quote for this month is 114.88 (07/03/2024) and the lowest 115.97 (08/03/2024). The difference between high and low is -0.95.
BRL SOS average rate for March 2024 is 114.57875, the change between 01/03/2024 and 31/03/2024 is +0.18 %.
| 01 March 2024 | 1 BRL = 114.3 SOS |
| 04 March 2024 | 1 BRL = 114.7 SOS |
| 05 March 2024 | 1 BRL = 114.9 SOS |
| 06 March 2024 | 1 BRL = 114.6 SOS |
| 07 March 2024 | 1 BRL = 114.9 SOS |
| 08 March 2024 | 1 BRL = 115.1 SOS |
| 11 March 2024 | 1 BRL = 114.1 SOS |
| 12 March 2024 | 1 BRL = 114.1 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.