Maldivian rufiyaa brazilian real exchange rate history (MVR BRL) December 2023

Maldivian rufiyaa brazilian real history for December 2023. The highest quote for this month is 0.32663 (13/12/2023) and the lowest 0.32466 (13/12/2023). The difference between high and low is 0.6.

MVR BRL average rate for December 2023 is 0.32052, the change between 01/12/2023 and 31/12/2023 is +1.68 %.

01 December 2023	1 MVR = 0.3239 BRL
02 December 2023	1 MVR = 0.3159 BRL
03 December 2023	1 MVR = 0.3165 BRL
04 December 2023	1 MVR = 0.3219 BRL
05 December 2023	1 MVR = 0.3246 BRL
06 December 2023	1 MVR = 0.3240 BRL
07 December 2023	1 MVR = 0.3225 BRL
08 December 2023	1 MVR = 0.3228 BRL
10 December 2023	1 MVR = 0.3195 BRL
11 December 2023	1 MVR = 0.3219 BRL
12 December 2023	1 MVR = 0.3241 BRL
13 December 2023	1 MVR = 0.3260 BRL
14 December 2023	1 MVR = 0.3219 BRL
15 December 2023	1 MVR = 0.3223 BRL
16 December 2023	1 MVR = 0.3204 BRL
17 December 2023	1 MVR = 0.3204 BRL
18 December 2023	1 MVR = 0.3226 BRL
19 December 2023	1 MVR = 0.3210 BRL
20 December 2023	1 MVR = 0.3191 BRL
21 December 2023	1 MVR = 0.3223 BRL
22 December 2023	1 MVR = 0.3201 BRL
23 December 2023	1 MVR = 0.3146 BRL
24 December 2023	1 MVR = 0.3146 BRL
25 December 2023	1 MVR = 0.3204 BRL
26 December 2023	1 MVR = 0.3204 BRL
27 December 2023	1 MVR = 0.3156 BRL
28 December 2023	1 MVR = 0.3169 BRL
29 December 2023	1 MVR = 0.3185 BRL

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

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.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

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.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

Historic Maldivian rufiyaa Brazilian Real