Convert BRL to GMIX | Live One Calculator
BRL to GMIX price chart
BRL to One 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 One
One price conversion tables
Brazilian Real | |
|---|---|
1 | 0.05494 |
2 | 0.1098 |
3 | 0.1648 |
5 | 0.2747 |
10 | 0.5494 |
25 | 1.3736 |
50 | 2.7472 |
100 | 5.4944 |
1,000 | 54.9444 |
Brazilian Real | |
|---|---|
1 | 18.2002 |
5 | 91.001073 |
10 | 182.002146 |
20 | 364.004293 |
50 | 910.01073 |
100 | 1,820.02146 |
200 | 3,640.04293 |
500 | 9,100.1073 |
1,000 | 18,200.2146 |
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Brazilian Real to One performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 8:44 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 18.2016 GMIX | 18.1126 GMIX | +0.48% |
| 5 BRL | 91.008372 GMIX | 90.5633 GMIX | +0.48% |
| 10 BRL | 182.01674 GMIX | 181.1266 GMIX | +0.48% |
| 50 BRL | 910.08372 GMIX | 905.633 GMIX | +0.48% |
| 100 BRL | 1,820.1674 GMIX | 1,811.266 GMIX | +0.48% |
| 1,000 BRL | 18,201.6745 GMIX | 18,112.6607 GMIX | +0.48% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 8:44 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 18.2016 GMIX | 18.804 GMIX | -3.31% |
| 5 BRL | 91.008372 GMIX | 94.0203 GMIX | -3.31% |
| 10 BRL | 182.01674 GMIX | 188.04061 GMIX | -3.31% |
| 50 BRL | 910.08372 GMIX | 940.203 GMIX | -3.31% |
| 100 BRL | 1,820.1674 GMIX | 1,880.4061 GMIX | -3.31% |
| 1,000 BRL | 18,201.6745 GMIX | 18,804.06167 GMIX | -3.31% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 8:44 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 18.2016 GMIX | 21.4684 GMIX | -17.95% |
| 5 BRL | 91.008372 GMIX | 107.3422 GMIX | -17.95% |
| 10 BRL | 182.01674 GMIX | 214.6844 GMIX | -17.95% |
| 50 BRL | 910.08372 GMIX | 1,073.422 GMIX | -17.95% |
| 100 BRL | 1,820.1674 GMIX | 2,146.8441 GMIX | -17.95% |
| 1,000 BRL | 18,201.6745 GMIX | 21,468.4413 GMIX | -17.95% |