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BRL to BBT price chart
BRL to BitBook 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 BitBook
BitBook price conversion tables
Brazilian Real | |
|---|---|
1 | 0.001778 |
2 | 0.003557 |
3 | 0.005335 |
5 | 0.008893 |
10 | 0.01778 |
25 | 0.04446 |
50 | 0.08893 |
100 | 0.1778 |
1,000 | 1.7786 |
Brazilian Real | |
|---|---|
1 | 562.2396 |
5 | 2,811.1983 |
10 | 5,622.3966 |
20 | 11,244.7932 |
50 | 28,111.983 |
100 | 56,223.966 |
200 | 112,447.9321 |
500 | 281,119.8302 |
1,000 | 562,239.6605 |
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Brazilian Real to BitBook performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 4:19 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 562.4296 BBT | 600.9615 BBT | -6.86% |
| 5 BRL | 2,812.1484 BBT | 3,004.8076 BBT | -6.86% |
| 10 BRL | 5,624.2969 BBT | 6,009.6153 BBT | -6.86% |
| 50 BRL | 28,121.4848 BBT | 30,048.07692 BBT | -6.86% |
| 100 BRL | 56,242.9696 BBT | 60,096.1538 BBT | -6.86% |
| 1,000 BRL | 562,429.6962 BBT | 600,961.5384 BBT | -6.86% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 4:19 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 562.4296 BBT | 622.2775 BBT | -10.65% |
| 5 BRL | 2,812.1484 BBT | 3,111.3876 BBT | -10.65% |
| 10 BRL | 5,624.2969 BBT | 6,222.7753 BBT | -10.65% |
| 50 BRL | 28,121.4848 BBT | 31,113.8767 BBT | -10.65% |
| 100 BRL | 56,242.9696 BBT | 62,227.7535 BBT | -10.65% |
| 1,000 BRL | 562,429.6962 BBT | 622,277.5357 BBT | -10.65% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 4:19 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 562.4296 BBT | 248.6943 BBT | +55.78% |
| 5 BRL | 2,812.1484 BBT | 1,243.4717 BBT | +55.78% |
| 10 BRL | 5,624.2969 BBT | 2,486.9435 BBT | +55.78% |
| 50 BRL | 28,121.4848 BBT | 12,434.7177 BBT | +55.78% |
| 100 BRL | 56,242.9696 BBT | 24,869.4354 BBT | +55.78% |
| 1,000 BRL | 562,429.6962 BBT | 248,694.3546 BBT | +55.78% |