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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 | 0.7442 |
2 | 1.4885 |
3 | 2.2327 |
5 | 3.7213 |
10 | 7.4426 |
25 | 18.6065 |
50 | 37.2131 |
100 | 74.4262 |
1,000 | 744.2624 |
Brazilian Real | |
|---|---|
1 | 1.3436 |
5 | 6.718 |
10 | 13.4361 |
20 | 26.8722 |
50 | 67.1806 |
100 | 134.3612 |
200 | 268.7224 |
500 | 671.806 |
1,000 | 1,343.612 |
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Brazilian Real to CargoX performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 1:42 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 1.3437 CXO | 1.3308 CXO | +0.95% |
| 5 BRL | 6.7186 CXO | 6.6542 CXO | +0.95% |
| 10 BRL | 13.4372 CXO | 13.3084 CXO | +0.95% |
| 50 BRL | 67.1862 CXO | 66.5424 CXO | +0.95% |
| 100 BRL | 134.3724 CXO | 133.0849 CXO | +0.95% |
| 1,000 BRL | 1,343.7248 CXO | 1,330.849 CXO | +0.95% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 1:42 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 1.3437 CXO | 1.1811 CXO | +12.09% |
| 5 BRL | 6.7186 CXO | 5.9059 CXO | +12.09% |
| 10 BRL | 13.4372 CXO | 11.8119 CXO | +12.09% |
| 50 BRL | 67.1862 CXO | 59.05976 CXO | +12.09% |
| 100 BRL | 134.3724 CXO | 118.1195 CXO | +12.09% |
| 1,000 BRL | 1,343.7248 CXO | 1,181.1953 CXO | +12.09% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 1:42 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 1.3437 CXO | 1.2367 CXO | +7.96% |
| 5 BRL | 6.7186 CXO | 6.1835 CXO | +7.96% |
| 10 BRL | 13.4372 CXO | 12.367 CXO | +7.96% |
| 50 BRL | 67.1862 CXO | 61.8352 CXO | +7.96% |
| 100 BRL | 134.3724 CXO | 123.6705 CXO | +7.96% |
| 1,000 BRL | 1,343.7248 CXO | 1,236.7054 CXO | +7.96% |