South Korean Won brazilian real exchange rate history (KRW BRL) October 2023

South Korean Won brazilian real history for October 2023. The highest quote for this month is 0.003867 (07/10/2023) and the lowest 0.003829 (09/10/2023). The difference between high and low is 0.98.

KRW BRL average rate for October 2023 is 0.00375, the change between 01/10/2023 and 31/10/2023 is -0.56 %.

01 October 2023	1 KRW = 0.0037 BRL
02 October 2023	1 KRW = 0.0037 BRL
03 October 2023	1 KRW = 0.0037 BRL
04 October 2023	1 KRW = 0.0038 BRL
05 October 2023	1 KRW = 0.0038 BRL
06 October 2023	1 KRW = 0.0038 BRL
07 October 2023	1 KRW = 0.0038 BRL
09 October 2023	1 KRW = 0.0038 BRL
10 October 2023	1 KRW = 0.0038 BRL
11 October 2023	1 KRW = 0.0038 BRL
12 October 2023	1 KRW = 0.0038 BRL
13 October 2023	1 KRW = 0.0037 BRL
16 October 2023	1 KRW = 0.0037 BRL
17 October 2023	1 KRW = 0.0037 BRL
18 October 2023	1 KRW = 0.0037 BRL
19 October 2023	1 KRW = 0.0037 BRL
20 October 2023	1 KRW = 0.0037 BRL
21 October 2023	1 KRW = 0.0037 BRL
22 October 2023	1 KRW = 0.0037 BRL
23 October 2023	1 KRW = 0.0037 BRL
24 October 2023	1 KRW = 0.0038 BRL
25 October 2023	1 KRW = 0.0037 BRL
26 October 2023	1 KRW = 0.0037 BRL
27 October 2023	1 KRW = 0.0037 BRL
28 October 2023	1 KRW = 0.0037 BRL
29 October 2023	1 KRW = 0.0037 BRL
30 October 2023	1 KRW = 0.0037 BRL
31 October 2023	1 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.

Historic South Korean Won Brazilian Real