Historic Omani rial Brazilian Real

Omani rial brazilian real history for July 2023. The highest quote for this month is 12.837 (07/07/2023) and the lowest 12.736 (11/07/2023). The difference between high and low is 0.79.

OMR BRL average rate for July 2023 is 12.52233, the change between 01/07/2023 and 31/07/2023 is +1.47 %.

03 July 20231 OMR = 12.48 BRL
04 July 20231 OMR = 12.53 BRL
05 July 20231 OMR = 12.62 BRL
06 July 20231 OMR = 12.64 BRL
07 July 20231 OMR = 12.82 BRL
10 July 20231 OMR = 12.71 BRL
11 July 20231 OMR = 12.77 BRL
12 July 20231 OMR = 12.65 BRL
13 July 20231 OMR = 12.54 BRL
14 July 20231 OMR = 12.50 BRL
17 July 20231 OMR = 12.50 BRL
18 July 20231 OMR = 12.53 BRL
19 July 20231 OMR = 12.54 BRL
20 July 20231 OMR = 12.49 BRL
21 July 20231 OMR = 12.50 BRL
24 July 20231 OMR = 12.46 BRL
25 July 20231 OMR = 12.32 BRL
26 July 20231 OMR = 12.38 BRL
27 July 20231 OMR = 12.35 BRL
28 July 20231 OMR = 12.36 BRL
31 July 20231 OMR = 12.30 BRL

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

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.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.