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BRL to XBT price chart
BRL to XBIT exchange rate
About Brazilian Real (BRL)
What Is the Brazilian Real (BRL)?
The real (BRL) is the official currency of Brazil. It is issued by the Central Bank of Brazil. Introduced in 1994 to replace the cruzeiro amid hyperinflation, the real is subdivided into 100 centavos. Brazil has the world's eighth-largest economy, and the real plays a significant role in global markets. It is a floating currency, and as of recent years the real ranked as the 20th most-traded currency in the world. Domestically, the real is used for all financial transactions in Brazil. Its value reflects both Brazil's large internal market and the country's extensive exports of commodities like soy, iron ore, and oil.
What Influences Fluctuations in the Brazilian Real?
The real is sensitive to a range of economic factors. As a freely floating currency, its value changes with market forces such as Brazil's economic performance, inflation, and interest rates. Commodity prices–especially agricultural and energy products–can affect Brazil's export revenues and thus the demand for reais. Political developments and investor confidence also play a role. The Central Bank of Brazil actively manages inflation, but because the BRL is floating, exchange rates are largely determined by supply and demand on the open market. In practice, periods of economic growth and strong commodity prices often strengthen the real, while recessions or political uncertainty can lead to depreciation.
How to convert Brazilian Real to XBIT
XBIT price conversion tables
Brazilian Real | |
|---|---|
1 | 0.0006518 |
2 | 0.001303 |
3 | 0.001955 |
5 | 0.003259 |
10 | 0.006518 |
25 | 0.01629 |
50 | 0.03259 |
100 | 0.06518 |
1,000 | 0.6518 |
Brazilian Real | |
|---|---|
1 | 1,534.2035 |
5 | 7,671.0179 |
10 | 15,342.0358 |
20 | 30,684.07161 |
50 | 76,710.179 |
100 | 153,420.358 |
200 | 306,840.7161 |
500 | 767,101.7903 |
1,000 | 1,534,203.5806 |
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Brazilian Real to XBIT performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 1:59 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 1,534.2129 XBT | 1,488.9815 XBT | +2.94% |
| 5 BRL | 7,671.06474 XBT | 7,444.9076 XBT | +2.94% |
| 10 BRL | 15,342.1294 XBT | 14,889.8153 XBT | +2.94% |
| 50 BRL | 76,710.6474 XBT | 74,449.07683 XBT | +2.94% |
| 100 BRL | 153,421.2948 XBT | 148,898.1536 XBT | +2.94% |
| 1,000 BRL | 1,534,212.9487 XBT | 1,488,981.5366 XBT | +2.94% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 1:59 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 1,534.2129 XBT | 1,072.9613 XBT | +30.06% |
| 5 BRL | 7,671.06474 XBT | 5,364.8068 XBT | +30.06% |
| 10 BRL | 15,342.1294 XBT | 10,729.6137 XBT | +30.06% |
| 50 BRL | 76,710.6474 XBT | 53,648.06866 XBT | +30.06% |
| 100 BRL | 153,421.2948 XBT | 107,296.1373 XBT | +30.06% |
| 1,000 BRL | 1,534,212.9487 XBT | 1,072,961.3733 XBT | +30.06% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 1:59 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 1,534.2129 XBT | 239.12 XBT | +84.41% |
| 5 BRL | 7,671.06474 XBT | 1,195.6001 XBT | +84.41% |
| 10 BRL | 15,342.1294 XBT | 2,391.2003 XBT | +84.41% |
| 50 BRL | 76,710.6474 XBT | 11,956.001912 XBT | +84.41% |
| 100 BRL | 153,421.2948 XBT | 23,912.003825 XBT | +84.41% |
| 1,000 BRL | 1,534,212.9487 XBT | 239,120.03825 XBT | +84.41% |