Historic Nicaraguan córdoba Brazilian Real

Nicaraguan córdoba brazilian real history for February 2024. The highest quote for this month is 0.13739 (29/02/2024) and the lowest 0.13716 (09/02/2024). The difference between high and low is 0.17.

NIO BRL average rate for February 2024 is 0.13591, the change between 01/02/2024 and 29/02/2024 is -1.03 %.

01 February 20241 NIO = 0.1356 BRL
02 February 20241 NIO = 0.1346 BRL
03 February 20241 NIO = 0.1357 BRL
04 February 20241 NIO = 0.1357 BRL
05 February 20241 NIO = 0.1351 BRL
06 February 20241 NIO = 0.1366 BRL
07 February 20241 NIO = 0.1360 BRL
08 February 20241 NIO = 0.1360 BRL
09 February 20241 NIO = 0.1367 BRL
12 February 20241 NIO = 0.1364 BRL
13 February 20241 NIO = 0.1357 BRL
14 February 20241 NIO = 0.1356 BRL
15 February 20241 NIO = 0.1359 BRL
16 February 20241 NIO = 0.1361 BRL
17 February 20241 NIO = 0.1356 BRL
18 February 20241 NIO = 0.1357 BRL
19 February 20241 NIO = 0.1366 BRL
20 February 20241 NIO = 0.1364 BRL
21 February 20241 NIO = 0.1348 BRL
22 February 20241 NIO = 0.1348 BRL
23 February 20241 NIO = 0.1354 BRL
24 February 20241 NIO = 0.1364 BRL
25 February 20241 NIO = 0.1364 BRL
26 February 20241 NIO = 0.1375 BRL
27 February 20241 NIO = 0.1364 BRL
28 February 20241 NIO = 0.1350 BRL
29 February 20241 NIO = 0.1370 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.

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

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.

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national currency.

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.

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.
NIO BRL January 2024
NIO BRL February 2024
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NIO BRL January 2025