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BRL to IMGN price chart
BRL to IMGN Labs 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 IMGN Labs
IMGN Labs price conversion tables
Brazilian Real | |
|---|---|
1 | 0.005321 |
2 | 0.01064 |
3 | 0.01596 |
5 | 0.0266 |
10 | 0.05321 |
25 | 0.133 |
50 | 0.266 |
100 | 0.5321 |
1,000 | 5.3215 |
Brazilian Real | |
|---|---|
1 | 187.9138 |
5 | 939.5693 |
10 | 1,879.1387 |
20 | 3,758.2774 |
50 | 9,395.6937 |
100 | 18,791.3874 |
200 | 37,582.7749 |
500 | 93,956.9372 |
1,000 | 187,913.8745 |
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Brazilian Real to IMGN Labs performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 11:36 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 187.9345 IMGN | 186.3238 IMGN | +0.85% |
| 5 BRL | 939.6729 IMGN | 931.6191 IMGN | +0.85% |
| 10 BRL | 1,879.3459 IMGN | 1,863.2383 IMGN | +0.85% |
| 50 BRL | 9,396.7299 IMGN | 9,316.1915 IMGN | +0.85% |
| 100 BRL | 18,793.4598 IMGN | 18,632.383 IMGN | +0.85% |
| 1,000 BRL | 187,934.5987 IMGN | 186,323.8308 IMGN | +0.85% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 11:36 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 187.9345 IMGN | 164.2575 IMGN | +12.59% |
| 5 BRL | 939.6729 IMGN | 821.2877 IMGN | +12.59% |
| 10 BRL | 1,879.3459 IMGN | 1,642.5755 IMGN | +12.59% |
| 50 BRL | 9,396.7299 IMGN | 8,212.8777 IMGN | +12.59% |
| 100 BRL | 18,793.4598 IMGN | 16,425.7555 IMGN | +12.59% |
| 1,000 BRL | 187,934.5987 IMGN | 164,257.5558 IMGN | +12.59% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 11:36 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 187.9345 IMGN | 86.8055 IMGN | +53.81% |
| 5 BRL | 939.6729 IMGN | 434.02777 IMGN | +53.81% |
| 10 BRL | 1,879.3459 IMGN | 868.05555 IMGN | +53.81% |
| 50 BRL | 9,396.7299 IMGN | 4,340.2777 IMGN | +53.81% |
| 100 BRL | 18,793.4598 IMGN | 8,680.5555 IMGN | +53.81% |
| 1,000 BRL | 187,934.5987 IMGN | 86,805.5555 IMGN | +53.81% |