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BRL to CBX price chart
BRL to CropBytes 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 CropBytes
CropBytes price conversion tables
Brazilian Real | |
|---|---|
1 | 0.003079 |
2 | 0.006159 |
3 | 0.009239 |
5 | 0.01539 |
10 | 0.03079 |
25 | 0.07699 |
50 | 0.1539 |
100 | 0.3079 |
1,000 | 3.07998 |
Brazilian Real | |
|---|---|
1 | 324.6771 |
5 | 1,623.3858 |
10 | 3,246.7717 |
20 | 6,493.5435 |
50 | 16,233.8587 |
100 | 32,467.7175 |
200 | 64,935.4351 |
500 | 162,338.5878 |
1,000 | 324,677.1757 |
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Brazilian Real to CropBytes performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 12:21 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 324.7807 CBX | 324.7807 CBX | -- |
| 5 BRL | 1,623.9038 CBX | 1,623.9038 CBX | -- |
| 10 BRL | 3,247.8077 CBX | 3,247.8077 CBX | -- |
| 50 BRL | 16,239.03864 CBX | 16,239.03864 CBX | -- |
| 100 BRL | 32,478.07729 CBX | 32,478.07729 CBX | -- |
| 1,000 BRL | 324,780.7729 CBX | 324,780.7729 CBX | -- |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 12:21 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 324.7807 CBX | 324.7807 CBX | -- |
| 5 BRL | 1,623.9038 CBX | 1,623.9038 CBX | -- |
| 10 BRL | 3,247.8077 CBX | 3,247.8077 CBX | -- |
| 50 BRL | 16,239.03864 CBX | 16,239.03864 CBX | -- |
| 100 BRL | 32,478.07729 CBX | 32,478.07729 CBX | -- |
| 1,000 BRL | 324,780.7729 CBX | 324,780.7729 CBX | -- |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 12:21 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 324.7807 CBX | 288.517 CBX | +11.16% |
| 5 BRL | 1,623.9038 CBX | 1,442.5851 CBX | +11.16% |
| 10 BRL | 3,247.8077 CBX | 2,885.1702 CBX | +11.16% |
| 50 BRL | 16,239.03864 CBX | 14,425.8511 CBX | +11.16% |
| 100 BRL | 32,478.07729 CBX | 28,851.7022 CBX | +11.16% |
| 1,000 BRL | 324,780.7729 CBX | 288,517.0225 CBX | +11.16% |