Convert BRL to AXL | Live Axelar Calculator
BRL to AXL price chart
BRL to Axelar 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 Axelar
Axelar price conversion tables
Brazilian Real | |
|---|---|
1 | 0.2009 |
2 | 0.4018 |
3 | 0.6027 |
5 | 1.004644 |
10 | 2.009288 |
25 | 5.02322 |
50 | 10.04644 |
100 | 20.09288 |
1,000 | 200.9288 |
Brazilian Real | |
|---|---|
1 | 4.9768 |
5 | 24.8844 |
10 | 49.7688 |
20 | 99.5377 |
50 | 248.8443 |
100 | 497.6886 |
200 | 995.3772 |
500 | 2,488.443 |
1,000 | 4,976.886 |
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Brazilian Real to Axelar performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 2:37 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 4.9776 AXL | 4.9382 AXL | +0.79% |
| 5 BRL | 24.888 AXL | 24.6913 AXL | +0.79% |
| 10 BRL | 49.776 AXL | 49.3827 AXL | +0.79% |
| 50 BRL | 248.88 AXL | 246.9135 AXL | +0.79% |
| 100 BRL | 497.76 AXL | 493.8271 AXL | +0.79% |
| 1,000 BRL | 4,977.6007 AXL | 4,938.2716 AXL | +0.79% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 2:37 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 4.9776 AXL | 3.5511 AXL | +28.65% |
| 5 BRL | 24.888 AXL | 17.7556 AXL | +28.65% |
| 10 BRL | 49.776 AXL | 35.5113 AXL | +28.65% |
| 50 BRL | 248.88 AXL | 177.5568 AXL | +28.65% |
| 100 BRL | 497.76 AXL | 355.1136 AXL | +28.65% |
| 1,000 BRL | 4,977.6007 AXL | 3,551.1363 AXL | +28.65% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 2:37 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 4.9776 AXL | 0.9803 AXL | +80.30% |
| 5 BRL | 24.888 AXL | 4.9019 AXL | +80.30% |
| 10 BRL | 49.776 AXL | 9.8039 AXL | +80.30% |
| 50 BRL | 248.88 AXL | 49.0196 AXL | +80.30% |
| 100 BRL | 497.76 AXL | 98.03921 AXL | +80.30% |
| 1,000 BRL | 4,977.6007 AXL | 980.3921 AXL | +80.30% |