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BRL to BTS price chart
BRL to BitShares 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 BitShares
BitShares price conversion tables
Brazilian Real | |
|---|---|
1 | 0.007467 |
2 | 0.01493 |
3 | 0.0224 |
5 | 0.03733 |
10 | 0.07467 |
25 | 0.1866 |
50 | 0.3733 |
100 | 0.7467 |
1,000 | 7.4673 |
Brazilian Real | |
|---|---|
1 | 133.9167 |
5 | 669.5839 |
10 | 1,339.1679 |
20 | 2,678.3358 |
50 | 6,695.8396 |
100 | 13,391.6792 |
200 | 26,783.3585 |
500 | 66,958.3963 |
1,000 | 133,916.7927 |
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Brazilian Real to BitShares performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 12:08 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 133.9225 BTS | 174.1856 BTS | -30.07% |
| 5 BRL | 669.6129 BTS | 870.9284 BTS | -30.07% |
| 10 BRL | 1,339.2259 BTS | 1,741.8568 BTS | -30.07% |
| 50 BRL | 6,696.1296 BTS | 8,709.284 BTS | -30.07% |
| 100 BRL | 13,392.2592 BTS | 17,418.5681 BTS | -30.07% |
| 1,000 BRL | 133,922.5927 BTS | 174,185.6819 BTS | -30.07% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 12:08 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 133.9225 BTS | 182.7819 BTS | -36.49% |
| 5 BRL | 669.6129 BTS | 913.9097 BTS | -36.49% |
| 10 BRL | 1,339.2259 BTS | 1,827.8194 BTS | -36.49% |
| 50 BRL | 6,696.1296 BTS | 9,139.09705 BTS | -36.49% |
| 100 BRL | 13,392.2592 BTS | 18,278.1941 BTS | -36.49% |
| 1,000 BRL | 133,922.5927 BTS | 182,781.9411 BTS | -36.49% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 12:08 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 133.9225 BTS | 157.8033 BTS | -17.84% |
| 5 BRL | 669.6129 BTS | 789.01688 BTS | -17.84% |
| 10 BRL | 1,339.2259 BTS | 1,578.03376 BTS | -17.84% |
| 50 BRL | 6,696.1296 BTS | 7,890.1688 BTS | -17.84% |
| 100 BRL | 13,392.2592 BTS | 15,780.3376 BTS | -17.84% |
| 1,000 BRL | 133,922.5927 BTS | 157,803.3769 BTS | -17.84% |