Historic Somali shilling Brazilian Real

Somali shilling brazilian real history for July 2023. The highest quote for this month is 0.008715 (06/07/2023) and the lowest 0.008621 (11/07/2023). The difference between high and low is 1.08.

SOS BRL average rate for July 2023 is 0.00849, the change between 01/07/2023 and 31/07/2023 is +1.28 %.

03 July 20231 SOS = 0.0085 BRL
04 July 20231 SOS = 0.0085 BRL
05 July 20231 SOS = 0.0086 BRL
06 July 20231 SOS = 0.0086 BRL
07 July 20231 SOS = 0.0087 BRL
10 July 20231 SOS = 0.0086 BRL
11 July 20231 SOS = 0.0087 BRL
12 July 20231 SOS = 0.0086 BRL
13 July 20231 SOS = 0.0085 BRL
14 July 20231 SOS = 0.0085 BRL
17 July 20231 SOS = 0.0085 BRL
18 July 20231 SOS = 0.0085 BRL
19 July 20231 SOS = 0.0085 BRL
20 July 20231 SOS = 0.0085 BRL
21 July 20231 SOS = 0.0085 BRL
24 July 20231 SOS = 0.0084 BRL
25 July 20231 SOS = 0.0083 BRL
26 July 20231 SOS = 0.0084 BRL
27 July 20231 SOS = 0.0084 BRL
28 July 20231 SOS = 0.0084 BRL
31 July 20231 SOS = 0.0083 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.

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.

01/07/1994: 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.