Convert BRL to IBVM | Live IBVM Calculator
BRL to IBVM price chart
BRL to IBVM 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 IBVM
IBVM price conversion tables
Brazilian Real | |
|---|---|
1 | 0.6981 |
2 | 1.3963 |
3 | 2.0945 |
5 | 3.4908 |
10 | 6.9816 |
25 | 17.4541 |
50 | 34.9083 |
100 | 69.8167 |
1,000 | 698.1676 |
Brazilian Real | |
|---|---|
1 | 1.4323 |
5 | 7.1616 |
10 | 14.3232 |
20 | 28.6464 |
50 | 71.616 |
100 | 143.232 |
200 | 286.4641 |
500 | 716.1603 |
1,000 | 1,432.3206 |
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Brazilian Real to IBVM performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 8:42 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 1.4402 IBVM | 1.3493 IBVM | +6.31% |
| 5 BRL | 7.2014 IBVM | 6.7467 IBVM | +6.31% |
| 10 BRL | 14.4029 IBVM | 13.4934 IBVM | +6.31% |
| 50 BRL | 72.01497 IBVM | 67.4672 IBVM | +6.31% |
| 100 BRL | 144.02995 IBVM | 134.9345 IBVM | +6.31% |
| 1,000 BRL | 1,440.2995 IBVM | 1,349.3455 IBVM | +6.31% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 8:42 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 1.4402 IBVM | 1.112 IBVM | +22.78% |
| 5 BRL | 7.2014 IBVM | 5.5604 IBVM | +22.78% |
| 10 BRL | 14.4029 IBVM | 11.1209 IBVM | +22.78% |
| 50 BRL | 72.01497 IBVM | 55.6049 IBVM | +22.78% |
| 100 BRL | 144.02995 IBVM | 111.2099 IBVM | +22.78% |
| 1,000 BRL | 1,440.2995 IBVM | 1,112.09964 IBVM | +22.78% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 8:42 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 1.4402 IBVM | 1.112 IBVM | +22.78% |
| 5 BRL | 7.2014 IBVM | 5.5604 IBVM | +22.78% |
| 10 BRL | 14.4029 IBVM | 11.1209 IBVM | +22.78% |
| 50 BRL | 72.01497 IBVM | 55.6049 IBVM | +22.78% |
| 100 BRL | 144.02995 IBVM | 111.2099 IBVM | +22.78% |
| 1,000 BRL | 1,440.2995 IBVM | 1,112.09964 IBVM | +22.78% |