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BRL to LOFI price chart
BRL to LOFI 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 LOFI
LOFI price conversion tables
Brazilian Real | |
|---|---|
1 | 0.04882 |
2 | 0.09765 |
3 | 0.1464 |
5 | 0.2441 |
10 | 0.4882 |
25 | 1.2206 |
50 | 2.4412 |
100 | 4.8825 |
1,000 | 48.8251 |
Brazilian Real | |
|---|---|
1 | 20.4812 |
5 | 102.4061 |
10 | 204.8123 |
20 | 409.6247 |
50 | 1,024.06175 |
100 | 2,048.1235 |
200 | 4,096.247 |
500 | 10,240.6175 |
1,000 | 20,481.2351 |
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Brazilian Real to LOFI performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 6:25 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 21.263 LOFI | 20.6825 LOFI | +2.73% |
| 5 BRL | 106.3151 LOFI | 103.4126 LOFI | +2.73% |
| 10 BRL | 212.6302 LOFI | 206.8252 LOFI | +2.73% |
| 50 BRL | 1,063.1511 LOFI | 1,034.1261 LOFI | +2.73% |
| 100 BRL | 2,126.3023 LOFI | 2,068.2523 LOFI | +2.73% |
| 1,000 BRL | 21,263.0236 LOFI | 20,682.5232 LOFI | +2.73% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 6:25 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 21.263 LOFI | 20.8899 LOFI | +1.75% |
| 5 BRL | 106.3151 LOFI | 104.4495 LOFI | +1.75% |
| 10 BRL | 212.6302 LOFI | 208.8991 LOFI | +1.75% |
| 50 BRL | 1,063.1511 LOFI | 1,044.4955 LOFI | +1.75% |
| 100 BRL | 2,126.3023 LOFI | 2,088.991 LOFI | +1.75% |
| 1,000 BRL | 21,263.0236 LOFI | 20,889.9101 LOFI | +1.75% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 6:25 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 21.263 LOFI | 16.01794 LOFI | +24.66% |
| 5 BRL | 106.3151 LOFI | 80.0897 LOFI | +24.66% |
| 10 BRL | 212.6302 LOFI | 160.1794 LOFI | +24.66% |
| 50 BRL | 1,063.1511 LOFI | 800.897 LOFI | +24.66% |
| 100 BRL | 2,126.3023 LOFI | 1,601.794 LOFI | +24.66% |
| 1,000 BRL | 21,263.0236 LOFI | 16,017.94 LOFI | +24.66% |