United States dollar brazilian real history for August 2023. The highest quote for this month is 4.9956 (15/08/2023) and the lowest 4.9693 (20/08/2023). The difference between high and low is 0.53.
USD BRL average rate for August 2023 is 4.90445, the change between 01/08/2023 and 31/08/2023 is -3.08 %.
| 01 August 2023 | 1 USD = 4.725 BRL |
| 04 August 2023 | 1 USD = 4.916 BRL |
| 05 August 2023 | 1 USD = 4.865 BRL |
| 07 August 2023 | 1 USD = 4.885 BRL |
| 08 August 2023 | 1 USD = 4.899 BRL |
| 10 August 2023 | 1 USD = 4.902 BRL |
| 12 August 2023 | 1 USD = 4.899 BRL |
| 14 August 2023 | 1 USD = 4.911 BRL |
| 15 August 2023 | 1 USD = 4.962 BRL |
| 17 August 2023 | 1 USD = 4.987 BRL |
| 20 August 2023 | 1 USD = 4.969 BRL |
| 21 August 2023 | 1 USD = 4.967 BRL |
| 28 August 2023 | 1 USD = 4.870 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.