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BRL to GMCOIN price chart
BRL to GMCoin 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 GMCoin
GMCoin price conversion tables
Brazilian Real | |
|---|---|
1 | 0.233 |
2 | 0.4661 |
3 | 0.6992 |
5 | 1.1653 |
10 | 2.3307 |
25 | 5.8269 |
50 | 11.6538 |
100 | 23.3077 |
1,000 | 233.07746 |
Brazilian Real | |
|---|---|
1 | 4.2904 |
5 | 21.452 |
10 | 42.9041 |
20 | 85.8083 |
50 | 214.5209 |
100 | 429.0419 |
200 | 858.0838 |
500 | 2,145.2095 |
1,000 | 4,290.419 |
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Brazilian Real to GMCoin performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 9:16 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 4.2936 GMCOIN | 4.3196 GMCOIN | -0.61% |
| 5 BRL | 21.4684 GMCOIN | 21.5982 GMCOIN | -0.61% |
| 10 BRL | 42.9368 GMCOIN | 43.1965 GMCOIN | -0.61% |
| 50 BRL | 214.6844 GMCOIN | 215.9827 GMCOIN | -0.61% |
| 100 BRL | 429.3688 GMCOIN | 431.9654 GMCOIN | -0.61% |
| 1,000 BRL | 4,293.6882 GMCOIN | 4,319.6544 GMCOIN | -0.61% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 9:16 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 4.2936 GMCOIN | 3.7257 GMCOIN | +13.22% |
| 5 BRL | 21.4684 GMCOIN | 18.6289 GMCOIN | +13.22% |
| 10 BRL | 42.9368 GMCOIN | 37.2578 GMCOIN | +13.22% |
| 50 BRL | 214.6844 GMCOIN | 186.2891 GMCOIN | +13.22% |
| 100 BRL | 429.3688 GMCOIN | 372.5782 GMCOIN | +13.22% |
| 1,000 BRL | 4,293.6882 GMCOIN | 3,725.7824 GMCOIN | +13.22% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 9:16 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 4.2936 GMCOIN | 3.6656 GMCOIN | +14.62% |
| 5 BRL | 21.4684 GMCOIN | 18.3284 GMCOIN | +14.62% |
| 10 BRL | 42.9368 GMCOIN | 36.6568 GMCOIN | +14.62% |
| 50 BRL | 214.6844 GMCOIN | 183.2844 GMCOIN | +14.62% |
| 100 BRL | 429.3688 GMCOIN | 366.5689 GMCOIN | +14.62% |
| 1,000 BRL | 4,293.6882 GMCOIN | 3,665.6891 GMCOIN | +14.62% |