Historic Iraqi dinar Brazilian Real

Iraqi dinar brazilian real history for December 2023. The highest quote for this month is 0.003879 (13/12/2023) and the lowest 0.003856 (13/12/2023). The difference between high and low is 0.59.

IQD BRL average rate for December 2023 is 0.00377, the change between 01/12/2023 and 31/12/2023 is +3.46 %.

01 December 20231 IQD = 0.0038 BRL
02 December 20231 IQD = 0.0037 BRL
03 December 20231 IQD = 0.0037 BRL
04 December 20231 IQD = 0.0038 BRL
05 December 20231 IQD = 0.0038 BRL
06 December 20231 IQD = 0.0038 BRL
07 December 20231 IQD = 0.0038 BRL
08 December 20231 IQD = 0.0038 BRL
10 December 20231 IQD = 0.0038 BRL
11 December 20231 IQD = 0.0038 BRL
12 December 20231 IQD = 0.0038 BRL
13 December 20231 IQD = 0.0039 BRL
14 December 20231 IQD = 0.0038 BRL
15 December 20231 IQD = 0.0038 BRL
16 December 20231 IQD = 0.0038 BRL
17 December 20231 IQD = 0.0038 BRL
18 December 20231 IQD = 0.0038 BRL
19 December 20231 IQD = 0.0038 BRL
20 December 20231 IQD = 0.0037 BRL
21 December 20231 IQD = 0.0038 BRL
22 December 20231 IQD = 0.0037 BRL
23 December 20231 IQD = 0.0037 BRL
24 December 20231 IQD = 0.0037 BRL
25 December 20231 IQD = 0.0038 BRL
26 December 20231 IQD = 0.0038 BRL
27 December 20231 IQD = 0.0037 BRL
28 December 20231 IQD = 0.0037 BRL
29 December 20231 IQD = 0.0037 BRL

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.