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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 | 0.0004622 |
2 | 0.0009245 |
3 | 0.001386 |
5 | 0.002311 |
10 | 0.004622 |
25 | 0.01155 |
50 | 0.02311 |
100 | 0.04622 |
1,000 | 0.4622 |
Brazilian Real | |
|---|---|
1 | 2,163.1376 |
5 | 10,815.688 |
10 | 21,631.376 |
20 | 43,262.7521 |
50 | 108,156.8804 |
100 | 216,313.7608 |
200 | 432,627.5217 |
500 | 1,081,568.8043 |
1,000 | 2,163,137.6086 |
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Brazilian Real to XBIT performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 8:56 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 2,189.1418 XBT | 2,163.5655 XBT | +1.16% |
| 5 BRL | 10,945.7092 XBT | 10,817.8277 XBT | +1.16% |
| 10 BRL | 21,891.4185 XBT | 21,635.6555 XBT | +1.16% |
| 50 BRL | 109,457.09281 XBT | 108,178.2778 XBT | +1.16% |
| 100 BRL | 218,914.1856 XBT | 216,356.5556 XBT | +1.16% |
| 1,000 BRL | 2,189,141.8563 XBT | 2,163,565.556 XBT | +1.16% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 8:56 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 2,189.1418 XBT | 1,621.5339 XBT | +25.92% |
| 5 BRL | 10,945.7092 XBT | 8,107.6698 XBT | +25.92% |
| 10 BRL | 21,891.4185 XBT | 16,215.3397 XBT | +25.92% |
| 50 BRL | 109,457.09281 XBT | 81,076.6985 XBT | +25.92% |
| 100 BRL | 218,914.1856 XBT | 162,153.3971 XBT | +25.92% |
| 1,000 BRL | 2,189,141.8563 XBT | 1,621,533.9711 XBT | +25.92% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 8:56 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 2,189.1418 XBT | 170.0391 XBT | +92.23% |
| 5 BRL | 10,945.7092 XBT | 850.1955 XBT | +92.23% |
| 10 BRL | 21,891.4185 XBT | 1,700.391 XBT | +92.23% |
| 50 BRL | 109,457.09281 XBT | 8,501.9554 XBT | +92.23% |
| 100 BRL | 218,914.1856 XBT | 17,003.9108 XBT | +92.23% |
| 1,000 BRL | 2,189,141.8563 XBT | 170,039.1089 XBT | +92.23% |