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BRL to L3 price chart
BRL to Layer3 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 Layer3
Layer3 price conversion tables
Brazilian Real | |
|---|---|
1 | 0.01402 |
2 | 0.02805 |
3 | 0.04208 |
5 | 0.07014 |
10 | 0.1402 |
25 | 0.3507 |
50 | 0.7014 |
100 | 1.4029 |
1,000 | 14.02924 |
Brazilian Real | |
|---|---|
1 | 71.2796 |
5 | 356.3983 |
10 | 712.7966 |
20 | 1,425.5932 |
50 | 3,563.983 |
100 | 7,127.966 |
200 | 14,255.932 |
500 | 35,639.83 |
1,000 | 71,279.66 |
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Brazilian Real to Layer3 performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 8:53 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 70.7714 L3 | 63.3312 L3 | +10.51% |
| 5 BRL | 353.857 L3 | 316.6561 L3 | +10.51% |
| 10 BRL | 707.714 L3 | 633.3122 L3 | +10.51% |
| 50 BRL | 3,538.5704 L3 | 3,166.5611 L3 | +10.51% |
| 100 BRL | 7,077.1408 L3 | 6,333.1222 L3 | +10.51% |
| 1,000 BRL | 70,771.4083 L3 | 63,331.2222 L3 | +10.51% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 8:53 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 70.7714 L3 | 48.216 L3 | +31.87% |
| 5 BRL | 353.857 L3 | 241.08003 L3 | +31.87% |
| 10 BRL | 707.714 L3 | 482.16 L3 | +31.87% |
| 50 BRL | 3,538.5704 L3 | 2,410.8003 L3 | +31.87% |
| 100 BRL | 7,077.1408 L3 | 4,821.6007 L3 | +31.87% |
| 1,000 BRL | 70,771.4083 L3 | 48,216.007714 L3 | +31.87% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 8:53 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 70.7714 L3 | 5.1679 L3 | +92.69% |
| 5 BRL | 353.857 L3 | 25.8397 L3 | +92.69% |
| 10 BRL | 707.714 L3 | 51.6795 L3 | +92.69% |
| 50 BRL | 3,538.5704 L3 | 258.3979 L3 | +92.69% |
| 100 BRL | 7,077.1408 L3 | 516.7958 L3 | +92.69% |
| 1,000 BRL | 70,771.4083 L3 | 5,167.9586 L3 | +92.69% |