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BRL to ALT price chart
BRL to Altlayer 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 Altlayer
Altlayer price conversion tables
Brazilian Real | |
|---|---|
1 | 0.03042 |
2 | 0.06085 |
3 | 0.09127 |
5 | 0.1521 |
10 | 0.3042 |
25 | 0.7606 |
50 | 1.5212 |
100 | 3.04255 |
1,000 | 30.4255 |
Brazilian Real | |
|---|---|
1 | 32.8671 |
5 | 164.3355 |
10 | 328.671 |
20 | 657.342 |
50 | 1,643.3551 |
100 | 3,286.7103 |
200 | 6,573.4206 |
500 | 16,433.5516 |
1,000 | 32,867.1033 |
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Brazilian Real to Altlayer performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 12:42 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 33.036 ALT | 32.113 ALT | +2.79% |
| 5 BRL | 165.18 ALT | 160.5651 ALT | +2.79% |
| 10 BRL | 330.36 ALT | 321.1303 ALT | +2.79% |
| 50 BRL | 1,651.8004 ALT | 1,605.6518 ALT | +2.79% |
| 100 BRL | 3,303.6009 ALT | 3,211.3037 ALT | +2.79% |
| 1,000 BRL | 33,036.00925 ALT | 32,113.03789 ALT | +2.79% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 12:42 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 33.036 ALT | 22.8937 ALT | +30.70% |
| 5 BRL | 165.18 ALT | 114.4688 ALT | +30.70% |
| 10 BRL | 330.36 ALT | 228.9377 ALT | +30.70% |
| 50 BRL | 1,651.8004 ALT | 1,144.6886 ALT | +30.70% |
| 100 BRL | 3,303.6009 ALT | 2,289.3772 ALT | +30.70% |
| 1,000 BRL | 33,036.00925 ALT | 22,893.7728 ALT | +30.70% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 12:42 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 33.036 ALT | 10.8154 ALT | +67.26% |
| 5 BRL | 165.18 ALT | 54.07743 ALT | +67.26% |
| 10 BRL | 330.36 ALT | 108.1548 ALT | +67.26% |
| 50 BRL | 1,651.8004 ALT | 540.7743 ALT | +67.26% |
| 100 BRL | 3,303.6009 ALT | 1,081.5487 ALT | +67.26% |
| 1,000 BRL | 33,036.00925 ALT | 10,815.4877 ALT | +67.26% |