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BRL to CGPT price chart
BRL to ChainGPT 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 ChainGPT
ChainGPT price conversion tables
Brazilian Real | |
|---|---|
1 | 0.1172 |
2 | 0.2344 |
3 | 0.3516 |
5 | 0.586 |
10 | 1.1721 |
25 | 2.9304 |
50 | 5.8609 |
100 | 11.7218 |
1000 | 117.218 |
Brazilian Real | |
|---|---|
1 | 8.5311 |
5 | 42.6555 |
10 | 85.3111 |
20 | 170.6222 |
50 | 426.5556 |
100 | 853.1112 |
200 | 1706.2225 |
500 | 4265.5564 |
1000 | 8531.1129 |
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Brazilian Real to ChainGPT performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 8:06 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 8.4961 CGPT | 6.2893 CGPT | +25.97% |
| 5 BRL | 42.4808 CGPT | 31.4465 CGPT | +25.97% |
| 10 BRL | 84.9617 CGPT | 62.893 CGPT | +25.97% |
| 50 BRL | 424.8088 CGPT | 314.4654 CGPT | +25.97% |
| 100 BRL | 849.6176 CGPT | 628.9308 CGPT | +25.97% |
| 1000 BRL | 8496.1767 CGPT | 6289.3081 CGPT | +25.97% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 8:06 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 8.4961 CGPT | 10.3092 CGPT | -21.35% |
| 5 BRL | 42.4808 CGPT | 51.5463 CGPT | -21.35% |
| 10 BRL | 84.9617 CGPT | 103.09278 CGPT | -21.35% |
| 50 BRL | 424.8088 CGPT | 515.4639 CGPT | -21.35% |
| 100 BRL | 849.6176 CGPT | 1030.9278 CGPT | -21.35% |
| 1000 BRL | 8496.1767 CGPT | 10309.2783 CGPT | -21.35% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 8:06 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 8.4961 CGPT | 1.4652 CGPT | +82.75% |
| 5 BRL | 42.4808 CGPT | 7.326 CGPT | +82.75% |
| 10 BRL | 84.9617 CGPT | 14.652 CGPT | +82.75% |
| 50 BRL | 424.8088 CGPT | 73.26 CGPT | +82.75% |
| 100 BRL | 849.6176 CGPT | 146.5201 CGPT | +82.75% |
| 1000 BRL | 8496.1767 CGPT | 1465.2014 CGPT | +82.75% |