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BRL to TAVA price chart
BRL to ALTAVA 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 ALTAVA
ALTAVA price conversion tables
Brazilian Real | |
|---|---|
1 | 0.008339 |
2 | 0.01667 |
3 | 0.02501 |
5 | 0.04169 |
10 | 0.08339 |
25 | 0.2084 |
50 | 0.4169 |
100 | 0.8339 |
1,000 | 8.3399 |
Brazilian Real | |
|---|---|
1 | 119.9051 |
5 | 599.5258 |
10 | 1,199.05176 |
20 | 2,398.1035 |
50 | 5,995.2588 |
100 | 11,990.5176 |
200 | 23,981.03531 |
500 | 59,952.5882 |
1,000 | 119,905.1765 |
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Brazilian Real to ALTAVA performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 10:33 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 122.579 TAVA | 123.3349 TAVA | -0.62% |
| 5 BRL | 612.8953 TAVA | 616.6748 TAVA | -0.62% |
| 10 BRL | 1,225.7906 TAVA | 1,233.3497 TAVA | -0.62% |
| 50 BRL | 6,128.9531 TAVA | 6,166.7488 TAVA | -0.62% |
| 100 BRL | 12,257.9063 TAVA | 12,333.4977 TAVA | -0.62% |
| 1,000 BRL | 122,579.06349 TAVA | 123,334.9777 TAVA | -0.62% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 10:33 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 122.579 TAVA | 71.8907 TAVA | +41.35% |
| 5 BRL | 612.8953 TAVA | 359.4536 TAVA | +41.35% |
| 10 BRL | 1,225.7906 TAVA | 718.9072 TAVA | +41.35% |
| 50 BRL | 6,128.9531 TAVA | 3,594.5363 TAVA | +41.35% |
| 100 BRL | 12,257.9063 TAVA | 7,189.0726 TAVA | +41.35% |
| 1,000 BRL | 122,579.06349 TAVA | 71,890.726 TAVA | +41.35% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 10:33 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 122.579 TAVA | 24.319 TAVA | +80.16% |
| 5 BRL | 612.8953 TAVA | 121.5953 TAVA | +80.16% |
| 10 BRL | 1,225.7906 TAVA | 243.1906 TAVA | +80.16% |
| 50 BRL | 6,128.9531 TAVA | 1,215.9533 TAVA | +80.16% |
| 100 BRL | 12,257.9063 TAVA | 2,431.9066 TAVA | +80.16% |
| 1,000 BRL | 122,579.06349 TAVA | 24,319.06614 TAVA | +80.16% |