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BRL to IBS price chart
BRL to IBS 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 IBS
IBS price conversion tables
Brazilian Real | |
|---|---|
1 | 33.1455 |
2 | 66.291 |
3 | 99.4365 |
5 | 165.7275 |
10 | 331.4551 |
25 | 828.6379 |
50 | 1,657.2759 |
100 | 3,314.5518 |
1,000 | 33,145.518 |
Brazilian Real | |
|---|---|
1 | 0.03016 |
5 | 0.1508 |
10 | 0.3016 |
20 | 0.6033 |
50 | 1.5084 |
100 | 3.01699 |
200 | 6.03399 |
500 | 15.08499 |
1,000 | 30.1699 |
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Brazilian Real to IBS performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 9:45 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 0.03026 IBS | 0.03012 IBS | +0.48% |
| 5 BRL | 0.1513 IBS | 0.1506 IBS | +0.48% |
| 10 BRL | 0.3026 IBS | 0.3012 IBS | +0.48% |
| 50 BRL | 1.5133 IBS | 1.506 IBS | +0.48% |
| 100 BRL | 3.02663 IBS | 3.01204 IBS | +0.48% |
| 1,000 BRL | 30.2663 IBS | 30.1204 IBS | +0.48% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 9:45 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 0.03026 IBS | 0.0218 IBS | +27.95% |
| 5 BRL | 0.1513 IBS | 0.109 IBS | +27.95% |
| 10 BRL | 0.3026 IBS | 0.218 IBS | +27.95% |
| 50 BRL | 1.5133 IBS | 1.09027 IBS | +27.95% |
| 100 BRL | 3.02663 IBS | 2.1805 IBS | +27.95% |
| 1,000 BRL | 30.2663 IBS | 21.8054 IBS | +27.95% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 9:45 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 0.03026 IBS | 0.03553 IBS | -17.42% |
| 5 BRL | 0.1513 IBS | 0.1776 IBS | -17.42% |
| 10 BRL | 0.3026 IBS | 0.3553 IBS | -17.42% |
| 50 BRL | 1.5133 IBS | 1.7768 IBS | -17.42% |
| 100 BRL | 3.02663 IBS | 3.5536 IBS | -17.42% |
| 1,000 BRL | 30.2663 IBS | 35.5366 IBS | -17.42% |