Historic South Korean Won Brazilian Real

South Korean Won brazilian real history for February 2024. The highest quote for this month is 0.003755 (24/02/2024) and the lowest 0.003838 (09/02/2024). The difference between high and low is -2.21.

KRW BRL average rate for February 2024 is 0.00373, the change between 01/02/2024 and 29/02/2024 is -0.35 %.

01 February 20241 KRW = 0.0037 BRL
02 February 20241 KRW = 0.0037 BRL
03 February 20241 KRW = 0.0037 BRL
04 February 20241 KRW = 0.0037 BRL
05 February 20241 KRW = 0.0037 BRL
06 February 20241 KRW = 0.0037 BRL
07 February 20241 KRW = 0.0037 BRL
08 February 20241 KRW = 0.0037 BRL
09 February 20241 KRW = 0.0037 BRL
12 February 20241 KRW = 0.0037 BRL
13 February 20241 KRW = 0.0037 BRL
14 February 20241 KRW = 0.0037 BRL
15 February 20241 KRW = 0.0037 BRL
16 February 20241 KRW = 0.0037 BRL
17 February 20241 KRW = 0.0037 BRL
18 February 20241 KRW = 0.0037 BRL
19 February 20241 KRW = 0.0037 BRL
20 February 20241 KRW = 0.0037 BRL
21 February 20241 KRW = 0.0037 BRL
22 February 20241 KRW = 0.0037 BRL
23 February 20241 KRW = 0.0037 BRL
24 February 20241 KRW = 0.0038 BRL
25 February 20241 KRW = 0.0038 BRL
26 February 20241 KRW = 0.0038 BRL
27 February 20241 KRW = 0.0037 BRL
28 February 20241 KRW = 0.0037 BRL
29 February 20241 KRW = 0.0037 BRL

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
KRW BRL July 2023
KRW BRL August 2023
KRW BRL September 2023
KRW BRL October 2023
KRW BRL November 2023
KRW BRL December 2023
KRW BRL January 2024
KRW BRL February 2024
KRW BRL March 2024
KRW BRL April 2024
KRW BRL May 2024
KRW BRL June 2024
KRW BRL July 2024