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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 | 0.009534 |
2 | 0.01906 |
3 | 0.0286 |
5 | 0.04767 |
10 | 0.09534 |
25 | 0.2383 |
50 | 0.4767 |
100 | 0.9534 |
1,000 | 9.5344 |
Brazilian Real | |
|---|---|
1 | 104.8824 |
5 | 524.412 |
10 | 1,048.8241 |
20 | 2,097.6482 |
50 | 5,244.1207 |
100 | 10,488.2414 |
200 | 20,976.4829 |
500 | 52,441.2074 |
1,000 | 104,882.4148 |
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Brazilian Real to Layer3 performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 7:21 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 106.3603 L3 | 107.9447 L3 | -1.49% |
| 5 BRL | 531.8017 L3 | 539.7236 L3 | -1.49% |
| 10 BRL | 1,063.6034 L3 | 1,079.4473 L3 | -1.49% |
| 50 BRL | 5,318.01744 L3 | 5,397.2366 L3 | -1.49% |
| 100 BRL | 10,636.03488 L3 | 10,794.4732 L3 | -1.49% |
| 1,000 BRL | 106,360.3488 L3 | 107,944.7322 L3 | -1.49% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 7:21 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 106.3603 L3 | 67.7966 L3 | +36.25% |
| 5 BRL | 531.8017 L3 | 338.983 L3 | +36.25% |
| 10 BRL | 1,063.6034 L3 | 677.9661 L3 | +36.25% |
| 50 BRL | 5,318.01744 L3 | 3,389.8305 L3 | +36.25% |
| 100 BRL | 10,636.03488 L3 | 6,779.661 L3 | +36.25% |
| 1,000 BRL | 106,360.3488 L3 | 67,796.6101 L3 | +36.25% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 7:21 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 106.3603 L3 | 10.6986 L3 | +89.94% |
| 5 BRL | 531.8017 L3 | 53.493 L3 | +89.94% |
| 10 BRL | 1,063.6034 L3 | 106.9861 L3 | +89.94% |
| 50 BRL | 5,318.01744 L3 | 534.9309 L3 | +89.94% |
| 100 BRL | 10,636.03488 L3 | 1,069.8619 L3 | +89.94% |
| 1,000 BRL | 106,360.3488 L3 | 10,698.6198 L3 | +89.94% |