Convert BRL to AXE | Live Axe Calculator
BRL to AXE price chart
BRL to Axe 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 Axe
Axe price conversion tables
Brazilian Real | |
|---|---|
1 | 0.004034 |
2 | 0.008068 |
3 | 0.0121 |
5 | 0.02017 |
10 | 0.04034 |
25 | 0.1008 |
50 | 0.2017 |
100 | 0.4034 |
1,000 | 4.03425 |
Brazilian Real | |
|---|---|
1 | 247.8775 |
5 | 1,239.3875 |
10 | 2,478.7751 |
20 | 4,957.5502 |
50 | 12,393.8755 |
100 | 24,787.7511 |
200 | 49,575.5023 |
500 | 123,938.7558 |
1,000 | 247,877.5116 |
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Brazilian Real to Axe performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 12:19 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 247.8929 AXE | 310.4625 AXE | -25.25% |
| 5 BRL | 1,239.4645 AXE | 1,552.3129 AXE | -25.25% |
| 10 BRL | 2,478.9291 AXE | 3,104.6258 AXE | -25.25% |
| 50 BRL | 12,394.6455 AXE | 15,523.1294 AXE | -25.25% |
| 100 BRL | 24,789.291 AXE | 31,046.2589 AXE | -25.25% |
| 1,000 BRL | 247,892.9102 AXE | 310,462.5892 AXE | -25.25% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 12:19 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 247.8929 AXE | 312.8911 AXE | -26.23% |
| 5 BRL | 1,239.4645 AXE | 1,564.4555 AXE | -26.23% |
| 10 BRL | 2,478.9291 AXE | 3,128.9111 AXE | -26.23% |
| 50 BRL | 12,394.6455 AXE | 15,644.5556 AXE | -26.23% |
| 100 BRL | 24,789.291 AXE | 31,289.1113 AXE | -26.23% |
| 1,000 BRL | 247,892.9102 AXE | 312,891.1138 AXE | -26.23% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 12:19 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 247.8929 AXE | 41.7014 AXE | +83.17% |
| 5 BRL | 1,239.4645 AXE | 208.507 AXE | +83.17% |
| 10 BRL | 2,478.9291 AXE | 417.01417 AXE | +83.17% |
| 50 BRL | 12,394.6455 AXE | 2,085.07089 AXE | +83.17% |
| 100 BRL | 24,789.291 AXE | 4,170.1417 AXE | +83.17% |
| 1,000 BRL | 247,892.9102 AXE | 41,701.4178 AXE | +83.17% |