Convert BRL to LAB | Live LAB Calculator
BRL to LAB price chart
BRL to LAB 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 LAB
LAB price conversion tables
Brazilian Real | |
|---|---|
1 | 23.195 |
2 | 46.39 |
3 | 69.5851 |
5 | 115.9752 |
10 | 231.9504 |
25 | 579.876 |
50 | 1159.752 |
100 | 2319.504 |
1000 | 23195.04 |
Brazilian Real | |
|---|---|
1 | 0.04311 |
5 | 0.2155 |
10 | 0.4311 |
20 | 0.8622 |
50 | 2.1556 |
100 | 4.3112 |
200 | 8.6225 |
500 | 21.5563 |
1000 | 43.1126 |
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Brazilian Real to LAB performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 3:04 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 0.04321 LAB | 0.04378 LAB | -1.32% |
| 5 BRL | 0.216 LAB | 0.2189 LAB | -1.32% |
| 10 BRL | 0.4321 LAB | 0.4378 LAB | -1.32% |
| 50 BRL | 2.1607 LAB | 2.1891 LAB | -1.32% |
| 100 BRL | 4.3215 LAB | 4.3782 LAB | -1.32% |
| 1000 BRL | 43.2152 LAB | 43.7828 LAB | -1.32% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 3:04 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 0.04321 LAB | 0.3436 LAB | -695.19% |
| 5 BRL | 0.216 LAB | 1.7182 LAB | -695.19% |
| 10 BRL | 0.4321 LAB | 3.4364 LAB | -695.19% |
| 50 BRL | 2.1607 LAB | 17.1821 LAB | -695.19% |
| 100 BRL | 4.3215 LAB | 34.3642 LAB | -695.19% |
| 1000 BRL | 43.2152 LAB | 343.6426 LAB | -695.19% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 3:04 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 0.04321 LAB | 1.4923 LAB | -3353.22% |
| 5 BRL | 0.216 LAB | 7.4615 LAB | -3353.22% |
| 10 BRL | 0.4321 LAB | 14.9231 LAB | -3353.22% |
| 50 BRL | 2.1607 LAB | 74.6157 LAB | -3353.22% |
| 100 BRL | 4.3215 LAB | 149.2314 LAB | -3353.22% |
| 1000 BRL | 43.2152 LAB | 1492.3145 LAB | -3353.22% |