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BRL to CXO price chart
BRL to CargoX 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 CargoX
CargoX price conversion tables
Brazilian Real | |
|---|---|
1 | 0.775 |
2 | 1.5501 |
3 | 2.3252 |
5 | 3.8754 |
10 | 7.7508 |
25 | 19.377 |
50 | 38.754 |
100 | 77.5081 |
1,000 | 775.08184 |
Brazilian Real | |
|---|---|
1 | 1.2901 |
5 | 6.4509 |
10 | 12.9018 |
20 | 25.8037 |
50 | 64.5093 |
100 | 129.01863 |
200 | 258.03726 |
500 | 645.09316 |
1,000 | 1,290.1863 |
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Brazilian Real to CargoX performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 6:25 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 1.2903 CXO | 1.3005 CXO | -0.80% |
| 5 BRL | 6.4516 CXO | 6.5027 CXO | -0.80% |
| 10 BRL | 12.9032 CXO | 13.005592 CXO | -0.80% |
| 50 BRL | 64.5161 CXO | 65.02796 CXO | -0.80% |
| 100 BRL | 129.03225 CXO | 130.05592 CXO | -0.80% |
| 1,000 BRL | 1,290.3225 CXO | 1,300.5592 CXO | -0.80% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 6:25 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 1.2903 CXO | 1.3032 CXO | -1.01% |
| 5 BRL | 6.4516 CXO | 6.5163 CXO | -1.01% |
| 10 BRL | 12.9032 CXO | 13.03271 CXO | -1.01% |
| 50 BRL | 64.5161 CXO | 65.1635 CXO | -1.01% |
| 100 BRL | 129.03225 CXO | 130.3271 CXO | -1.01% |
| 1,000 BRL | 1,290.3225 CXO | 1,303.2712 CXO | -1.01% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 6:25 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 1.2903 CXO | 1.1785 CXO | +8.66% |
| 5 BRL | 6.4516 CXO | 5.8927 CXO | +8.66% |
| 10 BRL | 12.9032 CXO | 11.7855 CXO | +8.66% |
| 50 BRL | 64.5161 CXO | 58.9275 CXO | +8.66% |
| 100 BRL | 129.03225 CXO | 117.855 CXO | +8.66% |
| 1,000 BRL | 1,290.3225 CXO | 1,178.5503 CXO | +8.66% |