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BRL to DDX price chart
BRL to DerivaDAO 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 DerivaDAO
DerivaDAO price conversion tables
Brazilian Real | |
|---|---|
1 | 0.3197 |
2 | 0.6394 |
3 | 0.9591 |
5 | 1.5986 |
10 | 3.1972 |
25 | 7.9931 |
50 | 15.9862 |
100 | 31.9724 |
1,000 | 319.7245 |
Brazilian Real | |
|---|---|
1 | 3.1276 |
5 | 15.6384 |
10 | 31.2769 |
20 | 62.5538 |
50 | 156.3845 |
100 | 312.7691 |
200 | 625.5383 |
500 | 1,563.8459 |
1,000 | 3,127.6918 |
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Brazilian Real to DerivaDAO performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 4:55 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 3.1279 DDX | 3.705 DDX | -18.46% |
| 5 BRL | 15.6396 DDX | 18.5253 DDX | -18.46% |
| 10 BRL | 31.2793 DDX | 37.05075 DDX | -18.46% |
| 50 BRL | 156.3966 DDX | 185.2537 DDX | -18.46% |
| 100 BRL | 312.7932 DDX | 370.5075 DDX | -18.46% |
| 1,000 BRL | 3,127.9324 DDX | 3,705.07595 DDX | -18.46% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 4:55 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 3.1279 DDX | 3.5498 DDX | -13.49% |
| 5 BRL | 15.6396 DDX | 17.7493 DDX | -13.49% |
| 10 BRL | 31.2793 DDX | 35.4987 DDX | -13.49% |
| 50 BRL | 156.3966 DDX | 177.4937 DDX | -13.49% |
| 100 BRL | 312.7932 DDX | 354.9875 DDX | -13.49% |
| 1,000 BRL | 3,127.9324 DDX | 3,549.8757 DDX | -13.49% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 4:55 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 3.1279 DDX | 15.8252 DDX | -405.94% |
| 5 BRL | 15.6396 DDX | 79.1264 DDX | -405.94% |
| 10 BRL | 31.2793 DDX | 158.2528 DDX | -405.94% |
| 50 BRL | 156.3966 DDX | 791.2644 DDX | -405.94% |
| 100 BRL | 312.7932 DDX | 1,582.5288 DDX | -405.94% |
| 1,000 BRL | 3,127.9324 DDX | 15,825.2888 DDX | -405.94% |