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BRL to ABX price chart
BRL to Arbidex 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 Arbidex
Arbidex price conversion tables
Brazilian Real | |
|---|---|
1 | 0.002044 |
2 | 0.004089 |
3 | 0.006133 |
5 | 0.01022 |
10 | 0.02044 |
25 | 0.05111 |
50 | 0.1022 |
100 | 0.2044 |
1,000 | 2.04462 |
Brazilian Real | |
|---|---|
1 | 489.08623 |
5 | 2,445.4311 |
10 | 4,890.8623 |
20 | 9,781.7246 |
50 | 24,454.3116 |
100 | 48,908.6233 |
200 | 97,817.2467 |
500 | 244,543.1169 |
1,000 | 489,086.2338 |
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Brazilian Real to Arbidex performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 10:51 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 489.2367 ABX | 489.9559 ABX | -0.15% |
| 5 BRL | 2,446.1839 ABX | 2,449.7795 ABX | -0.15% |
| 10 BRL | 4,892.3679 ABX | 4,899.559 ABX | -0.15% |
| 50 BRL | 24,461.8395 ABX | 24,497.7951 ABX | -0.15% |
| 100 BRL | 48,923.679 ABX | 48,995.5903 ABX | -0.15% |
| 1,000 BRL | 489,236.7906 ABX | 489,955.9039 ABX | -0.15% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 10:51 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 489.2367 ABX | 653.1678 ABX | -33.51% |
| 5 BRL | 2,446.1839 ABX | 3,265.8393 ABX | -33.51% |
| 10 BRL | 4,892.3679 ABX | 6,531.6786 ABX | -33.51% |
| 50 BRL | 24,461.8395 ABX | 32,658.3932 ABX | -33.51% |
| 100 BRL | 48,923.679 ABX | 65,316.7864 ABX | -33.51% |
| 1,000 BRL | 489,236.7906 ABX | 653,167.8641 ABX | -33.51% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 10:51 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 489.2367 ABX | 411.5226 ABX | +15.88% |
| 5 BRL | 2,446.1839 ABX | 2,057.6131 ABX | +15.88% |
| 10 BRL | 4,892.3679 ABX | 4,115.2263 ABX | +15.88% |
| 50 BRL | 24,461.8395 ABX | 20,576.1316 ABX | +15.88% |
| 100 BRL | 48,923.679 ABX | 41,152.2633 ABX | +15.88% |
| 1,000 BRL | 489,236.7906 ABX | 411,522.6337 ABX | +15.88% |