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BRL to CVXFXS price chart
BRL to Convex FXS 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 Convex FXS
Convex FXS price conversion tables
Brazilian Real | |
|---|---|
1 | 0.5873 |
2 | 1.1747 |
3 | 1.7621 |
5 | 2.9368 |
10 | 5.8737 |
25 | 14.6843 |
50 | 29.3686 |
100 | 58.7372 |
1,000 | 587.3728 |
Brazilian Real | |
|---|---|
1 | 1.7024 |
5 | 8.5124 |
10 | 17.02496 |
20 | 34.04992 |
50 | 85.1248 |
100 | 170.2496 |
200 | 340.4992 |
500 | 851.248 |
1,000 | 1,702.4961 |
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Brazilian Real to Convex FXS performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 1:22 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 1.7027 CVXFXS | 1.6382 CVXFXS | +3.78% |
| 5 BRL | 8.5135 CVXFXS | 8.1913 CVXFXS | +3.78% |
| 10 BRL | 17.02707 CVXFXS | 16.3826 CVXFXS | +3.78% |
| 50 BRL | 85.1353 CVXFXS | 81.9134 CVXFXS | +3.78% |
| 100 BRL | 170.2707 CVXFXS | 163.8269 CVXFXS | +3.78% |
| 1,000 BRL | 1,702.7073 CVXFXS | 1,638.2699 CVXFXS | +3.78% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 1:22 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 1.7027 CVXFXS | 1.2856 CVXFXS | +24.49% |
| 5 BRL | 8.5135 CVXFXS | 6.4283 CVXFXS | +24.49% |
| 10 BRL | 17.02707 CVXFXS | 12.8567 CVXFXS | +24.49% |
| 50 BRL | 85.1353 CVXFXS | 64.2838 CVXFXS | +24.49% |
| 100 BRL | 170.2707 CVXFXS | 128.5677 CVXFXS | +24.49% |
| 1,000 BRL | 1,702.7073 CVXFXS | 1,285.6775 CVXFXS | +24.49% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 1:22 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 1.7027 CVXFXS | 0.3508 CVXFXS | +79.39% |
| 5 BRL | 8.5135 CVXFXS | 1.7543 CVXFXS | +79.39% |
| 10 BRL | 17.02707 CVXFXS | 3.5087 CVXFXS | +79.39% |
| 50 BRL | 85.1353 CVXFXS | 17.5438 CVXFXS | +79.39% |
| 100 BRL | 170.2707 CVXFXS | 35.08771 CVXFXS | +79.39% |
| 1,000 BRL | 1,702.7073 CVXFXS | 350.8771 CVXFXS | +79.39% |