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BRL to GEOD price chart
BRL to GEODNET 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 GEODNET
GEODNET price conversion tables
Brazilian Real | |
|---|---|
1 | 1.3542 |
2 | 2.7084 |
3 | 4.06261 |
5 | 6.771 |
10 | 13.542 |
25 | 33.8551 |
50 | 67.7102 |
100 | 135.4205 |
1,000 | 1,354.2054 |
Brazilian Real | |
|---|---|
1 | 0.7384 |
5 | 3.6922 |
10 | 7.3844 |
20 | 14.7688 |
50 | 36.922 |
100 | 73.844 |
200 | 147.688 |
500 | 369.2202 |
1,000 | 738.4404 |
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Brazilian Real to GEODNET performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 9:40 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 0.7352 GEOD | 0.7633 GEOD | -3.82% |
| 5 BRL | 3.6764 GEOD | 3.8167 GEOD | -3.82% |
| 10 BRL | 7.3529 GEOD | 7.6335 GEOD | -3.82% |
| 50 BRL | 36.7647 GEOD | 38.1679 GEOD | -3.82% |
| 100 BRL | 73.5294 GEOD | 76.3358 GEOD | -3.82% |
| 1,000 BRL | 735.2941 GEOD | 763.3587 GEOD | -3.82% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 9:40 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 0.7352 GEOD | 0.5917 GEOD | +19.52% |
| 5 BRL | 3.6764 GEOD | 2.9585 GEOD | +19.52% |
| 10 BRL | 7.3529 GEOD | 5.9171 GEOD | +19.52% |
| 50 BRL | 36.7647 GEOD | 29.5857 GEOD | +19.52% |
| 100 BRL | 73.5294 GEOD | 59.1715 GEOD | +19.52% |
| 1,000 BRL | 735.2941 GEOD | 591.7159 GEOD | +19.52% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 9:40 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 0.7352 GEOD | 1.4281 GEOD | -94.24% |
| 5 BRL | 3.6764 GEOD | 7.1408 GEOD | -94.24% |
| 10 BRL | 7.3529 GEOD | 14.2816 GEOD | -94.24% |
| 50 BRL | 36.7647 GEOD | 71.4081 GEOD | -94.24% |
| 100 BRL | 73.5294 GEOD | 142.8163 GEOD | -94.24% |
| 1,000 BRL | 735.2941 GEOD | 1,428.1633 GEOD | -94.24% |