New Zealand Dollar brazilian real exchange rate history (NZD BRL) December 2023

New Zealand Dollar brazilian real history for December 2023. The highest quote for this month is 3.0825 (26/12/2023) and the lowest 3.234 (25/12/2023). The difference between high and low is -4.91.

NZD BRL average rate for December 2023 is 3.04581, the change between 01/12/2023 and 31/12/2023 is -1.28 %.

01 December 2023	1 NZD = 3.032 BRL
02 December 2023	1 NZD = 3.026 BRL
03 December 2023	1 NZD = 3.024 BRL
04 December 2023	1 NZD = 3.047 BRL
05 December 2023	1 NZD = 3.047 BRL
06 December 2023	1 NZD = 3.023 BRL
07 December 2023	1 NZD = 3.010 BRL
08 December 2023	1 NZD = 3.025 BRL
09 December 2023	1 NZD = 3.017 BRL
10 December 2023	1 NZD = 3.017 BRL
11 December 2023	1 NZD = 2.997 BRL
12 December 2023	1 NZD = 3.023 BRL
13 December 2023	1 NZD = 3.047 BRL
14 December 2023	1 NZD = 3.045 BRL
15 December 2023	1 NZD = 3.054 BRL
16 December 2023	1 NZD = 3.068 BRL
17 December 2023	1 NZD = 3.068 BRL
18 December 2023	1 NZD = 3.055 BRL
19 December 2023	1 NZD = 3.042 BRL
20 December 2023	1 NZD = 3.052 BRL
21 December 2023	1 NZD = 3.074 BRL
22 December 2023	1 NZD = 3.073 BRL
23 December 2023	1 NZD = 3.054 BRL
24 December 2023	1 NZD = 3.056 BRL
25 December 2023	1 NZD = 3.077 BRL
26 December 2023	1 NZD = 3.071 BRL
27 December 2023	1 NZD = 3.046 BRL
28 December 2023	1 NZD = 3.064 BRL
29 December 2023	1 NZD = 3.073 BRL
31 December 2023	1 NZD = 3.070 BRL

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

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.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

Historic New Zealand Dollar Brazilian Real