Historical Year Data · 2008

Brazil Real Effective Exchange Rate in 2008

Brazil Real Effective Exchange Rate opened 2008 at 147.36 and closed at 120.35, a -18.33% move for the year. The high of 161.60 was reached on August 1, and the low of 120.35 on December 1.

Open

147.36

2008-01

120.35

12 data points

High

161.60

Aug 1

Low

120.35

Dec 1

Full Year Change

-18.33%

2007 Change

+13.43%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	147.36	147.36	147.36	147.36	+0.00%
Feb	150.10	150.10	150.10	150.10	+0.00%
Mar	149.35	149.35	149.35	149.35	+0.00%
Apr	149.94	149.94	149.94	149.94	+0.00%
May	153.97	153.97	153.97	153.97	+0.00%
Jun	157.62	157.62	157.62	157.62	+0.00%
Jul	159.59	159.59	159.59	159.59	+0.00%
Aug	161.60	161.60	161.60	161.60	+0.00%
Sep	148.79	148.79	148.79	148.79	+0.00%
Oct	128.24	128.24	128.24	128.24	+0.00%
Nov	127.56	127.56	127.56	127.56	+0.00%
Dec	120.35	120.35	120.35	120.35	+0.00%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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