Historic Singapore dollar Brazilian Real

Singapore dollar brazilian real history for January 2024. The highest quote for this month is 3.7228 (23/01/2024) and the lowest 3.7061 (23/01/2024). The difference between high and low is 0.45.

SGD BRL average rate for January 2024 is 3.67441, the change between 01/01/2024 and 31/01/2024 is -0.51 %.

01 January 20241 SGD = 3.677 BRL
02 January 20241 SGD = 3.678 BRL
03 January 20241 SGD = 3.711 BRL
04 January 20241 SGD = 3.703 BRL
05 January 20241 SGD = 3.683 BRL
06 January 20241 SGD = 3.667 BRL
07 January 20241 SGD = 3.668 BRL
08 January 20241 SGD = 3.656 BRL
09 January 20241 SGD = 3.665 BRL
10 January 20241 SGD = 3.685 BRL
11 January 20241 SGD = 3.676 BRL
12 January 20241 SGD = 3.663 BRL
14 January 20241 SGD = 3.647 BRL
15 January 20241 SGD = 3.644 BRL
16 January 20241 SGD = 3.645 BRL
17 January 20241 SGD = 3.669 BRL
18 January 20241 SGD = 3.670 BRL
19 January 20241 SGD = 3.666 BRL
22 January 20241 SGD = 3.659 BRL
23 January 20241 SGD = 3.716 BRL
24 January 20241 SGD = 3.693 BRL
25 January 20241 SGD = 3.682 BRL
26 January 20241 SGD = 3.668 BRL
28 January 20241 SGD = 3.667 BRL
29 January 20241 SGD = 3.661 BRL
30 January 20241 SGD = 3.695 BRL
31 January 20241 SGD = 3.696 BRL

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.