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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 | 0.001961 |
2 | 0.003922 |
3 | 0.005884 |
5 | 0.009806 |
10 | 0.01961 |
25 | 0.04903 |
50 | 0.09806 |
100 | 0.1961 |
1,000 | 1.9613 |
Brazilian Real | |
|---|---|
1 | 509.8409 |
5 | 2,549.2049 |
10 | 5,098.4098 |
20 | 10,196.8196 |
50 | 25,492.04919 |
100 | 50,984.09838 |
200 | 101,968.1967 |
500 | 254,920.4919 |
1,000 | 509,840.9838 |
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Brazilian Real to Arbidex performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 6:28 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 510.4645 ABX | 510.7252 ABX | -0.06% |
| 5 BRL | 2,552.3226 ABX | 2,553.6261 ABX | -0.06% |
| 10 BRL | 5,104.6452 ABX | 5,107.2522 ABX | -0.06% |
| 50 BRL | 25,523.2261 ABX | 25,536.2614 ABX | -0.06% |
| 100 BRL | 51,046.4522 ABX | 51,072.5229 ABX | -0.06% |
| 1,000 BRL | 510,464.5227 ABX | 510,725.2298 ABX | -0.06% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 6:28 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 510.4645 ABX | 608.6427 ABX | -19.24% |
| 5 BRL | 2,552.3226 ABX | 3,043.2136 ABX | -19.24% |
| 10 BRL | 5,104.6452 ABX | 6,086.4272 ABX | -19.24% |
| 50 BRL | 25,523.2261 ABX | 30,432.1363 ABX | -19.24% |
| 100 BRL | 51,046.4522 ABX | 60,864.2726 ABX | -19.24% |
| 1,000 BRL | 510,464.5227 ABX | 608,642.7267 ABX | -19.24% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 6:28 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 510.4645 ABX | 394.7887 ABX | +22.66% |
| 5 BRL | 2,552.3226 ABX | 1,973.9439 ABX | +22.66% |
| 10 BRL | 5,104.6452 ABX | 3,947.8878 ABX | +22.66% |
| 50 BRL | 25,523.2261 ABX | 19,739.4393 ABX | +22.66% |
| 100 BRL | 51,046.4522 ABX | 39,478.8787 ABX | +22.66% |
| 1,000 BRL | 510,464.5227 ABX | 394,788.7879 ABX | +22.66% |