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BRL to BIT price chart
BRL to BitDAO 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 BitDAO
BitDAO price conversion tables
Brazilian Real | |
|---|---|
1 | 3.1981 |
2 | 6.3962 |
3 | 9.5943 |
5 | 15.9905 |
10 | 31.981 |
25 | 79.9527 |
50 | 159.9054 |
100 | 319.8109 |
1,000 | 3,198.1098 |
Brazilian Real | |
|---|---|
1 | 0.3126 |
5 | 1.5634 |
10 | 3.1268 |
20 | 6.2536 |
50 | 15.6342 |
100 | 31.2684 |
200 | 62.5369 |
500 | 156.3423 |
1,000 | 312.6846 |
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| 62.92 RUB to DAI | 63.05 PI to UAH | 10.8 PUMP to UAH | 39.03 RUB to TRX | 95.26 USD to ONDO |
| 29.22 sUSDe to BRL | 58.87 BTW to BRL | 29.15 CRO to CNY | 58.58 IDR to AVAX | 21.68 CNY to USDY |
| 46.32 AZN to BTCB | 98.41 SHIB to VND | 21.75 NEAR to PLN | 98.81 RAIN to UAH | 51.33 MORPHO to BRL |
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Brazilian Real to BitDAO performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 7:55 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 0.3115 BIT | 0.4273 BIT | -37.18% |
| 5 BRL | 1.5576 BIT | 2.1367 BIT | -37.18% |
| 10 BRL | 3.1152 BIT | 4.2735 BIT | -37.18% |
| 50 BRL | 15.5763 BIT | 21.3675 BIT | -37.18% |
| 100 BRL | 31.1526 BIT | 42.735 BIT | -37.18% |
| 1,000 BRL | 311.5264 BIT | 427.3504 BIT | -37.18% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 7:55 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 0.3115 BIT | 0.4444 BIT | -42.67% |
| 5 BRL | 1.5576 BIT | 2.2222 BIT | -42.67% |
| 10 BRL | 3.1152 BIT | 4.4444 BIT | -42.67% |
| 50 BRL | 15.5763 BIT | 22.2222 BIT | -42.67% |
| 100 BRL | 31.1526 BIT | 44.4444 BIT | -42.67% |
| 1,000 BRL | 311.5264 BIT | 444.4444 BIT | -42.67% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 7:55 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 0.3115 BIT | 0.1547 BIT | +50.30% |
| 5 BRL | 1.5576 BIT | 0.7739 BIT | +50.30% |
| 10 BRL | 3.1152 BIT | 1.5479 BIT | +50.30% |
| 50 BRL | 15.5763 BIT | 7.7399 BIT | +50.30% |
| 100 BRL | 31.1526 BIT | 15.4798 BIT | +50.30% |
| 1,000 BRL | 311.5264 BIT | 154.7987 BIT | +50.30% |