Historic Norwegian krone Brazilian Real

Norwegian krone brazilian real history for June 2023. The highest quote for this month is 0.45818 (16/06/2023) and the lowest 0.46079 (16/06/2023). The difference between high and low is -0.57.

NOK BRL average rate for June 2023 is 0.44987, the change between 01/06/2023 and 30/06/2023 is +1.59 %.

01 June 20231 NOK = 0.4569 BRL
02 June 20231 NOK = 0.4536 BRL
05 June 20231 NOK = 0.4507 BRL
06 June 20231 NOK = 0.4465 BRL
07 June 20231 NOK = 0.4429 BRL
08 June 20231 NOK = 0.4457 BRL
09 June 20231 NOK = 0.4516 BRL
12 June 20231 NOK = 0.4537 BRL
13 June 20231 NOK = 0.4505 BRL
14 June 20231 NOK = 0.4568 BRL
15 June 20231 NOK = 0.4527 BRL
16 June 20231 NOK = 0.4581 BRL
19 June 20231 NOK = 0.4550 BRL
20 June 20231 NOK = 0.4470 BRL
21 June 20231 NOK = 0.4467 BRL
22 June 20231 NOK = 0.4475 BRL
23 June 20231 NOK = 0.4481 BRL
26 June 20231 NOK = 0.4426 BRL
27 June 20231 NOK = 0.4444 BRL
28 June 20231 NOK = 0.4458 BRL
29 June 20231 NOK = 0.4507 BRL
30 June 20231 NOK = 0.4497 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.

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

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.

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.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

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.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.