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BRL to ETFS price chart
BRL to ETFSwap 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 ETFSwap
ETFSwap price conversion tables
Brazilian Real | |
|---|---|
1 | 0.001138 |
2 | 0.002276 |
3 | 0.003415 |
5 | 0.005692 |
10 | 0.01138 |
25 | 0.02846 |
50 | 0.05692 |
100 | 0.1138 |
1,000 | 1.1384 |
Brazilian Real | |
|---|---|
1 | 878.4155 |
5 | 4,392.07791 |
10 | 8,784.1558 |
20 | 17,568.3116 |
50 | 43,920.7791 |
100 | 87,841.5582 |
200 | 175,683.1165 |
500 | 439,207.7914 |
1,000 | 878,415.5828 |
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Brazilian Real to ETFSwap performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 9:01 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 878.7346 ETFS | 881.8342 ETFS | -0.36% |
| 5 BRL | 4,393.6731 ETFS | 4,409.171 ETFS | -0.36% |
| 10 BRL | 8,787.3462 ETFS | 8,818.3421 ETFS | -0.36% |
| 50 BRL | 43,936.7311 ETFS | 44,091.7107 ETFS | -0.36% |
| 100 BRL | 87,873.4622 ETFS | 88,183.4215 ETFS | -0.36% |
| 1,000 BRL | 878,734.6221 ETFS | 881,834.2151 ETFS | -0.36% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 9:01 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 878.7346 ETFS | 1,616.2922 ETFS | -83.94% |
| 5 BRL | 4,393.6731 ETFS | 8,081.4611 ETFS | -83.94% |
| 10 BRL | 8,787.3462 ETFS | 16,162.9222 ETFS | -83.94% |
| 50 BRL | 43,936.7311 ETFS | 80,814.6112 ETFS | -83.94% |
| 100 BRL | 87,873.4622 ETFS | 161,629.2225 ETFS | -83.94% |
| 1,000 BRL | 878,734.6221 ETFS | 1,616,292.2256 ETFS | -83.94% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 9:01 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 878.7346 ETFS | 610.1281 ETFS | +30.56% |
| 5 BRL | 4,393.6731 ETFS | 3,050.6406 ETFS | +30.56% |
| 10 BRL | 8,787.3462 ETFS | 6,101.2812 ETFS | +30.56% |
| 50 BRL | 43,936.7311 ETFS | 30,506.4063 ETFS | +30.56% |
| 100 BRL | 87,873.4622 ETFS | 61,012.8126 ETFS | +30.56% |
| 1,000 BRL | 878,734.6221 ETFS | 610,128.1269 ETFS | +30.56% |