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BRL to LOGX price chart
BRL to LogX Network 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 LogX Network
LogX Network price conversion tables
Brazilian Real | |
|---|---|
1 | 0.0001624 |
2 | 0.0003249 |
3 | 0.0004873 |
5 | 0.0008122 |
10 | 0.001624 |
25 | 0.004061 |
50 | 0.008122 |
100 | 0.01624 |
1,000 | 0.1624 |
Brazilian Real | |
|---|---|
1 | 6,155.711 |
5 | 30,778.555 |
10 | 61,557.1101 |
20 | 123,114.2202 |
50 | 307,785.5506 |
100 | 615,571.1012 |
200 | 1,231,142.2024 |
500 | 3,077,855.5061 |
1,000 | 6,155,711.01229 |
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Brazilian Real to LogX Network performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 5:41 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 6,157.6354 LOGX | 8,726.00349 LOGX | -41.72% |
| 5 BRL | 30,788.1773 LOGX | 43,630.01745 LOGX | -41.72% |
| 10 BRL | 61,576.3546 LOGX | 87,260.0349 LOGX | -41.72% |
| 50 BRL | 307,881.7733 LOGX | 436,300.1745 LOGX | -41.72% |
| 100 BRL | 615,763.5467 LOGX | 872,600.349 LOGX | -41.72% |
| 1,000 BRL | 6,157,635.4679 LOGX | 8,726,003.4904 LOGX | -41.72% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 5:41 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 6,157.6354 LOGX | 9,478.6729 LOGX | -53.94% |
| 5 BRL | 30,788.1773 LOGX | 47,393.3649 LOGX | -53.94% |
| 10 BRL | 61,576.3546 LOGX | 94,786.7298 LOGX | -53.94% |
| 50 BRL | 307,881.7733 LOGX | 473,933.6492 LOGX | -53.94% |
| 100 BRL | 615,763.5467 LOGX | 947,867.2985 LOGX | -53.94% |
| 1,000 BRL | 6,157,635.4679 LOGX | 9,478,672.9857 LOGX | -53.94% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 5:41 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 6,157.6354 LOGX | 40.3388 LOGX | +99.34% |
| 5 BRL | 30,788.1773 LOGX | 201.6942 LOGX | +99.34% |
| 10 BRL | 61,576.3546 LOGX | 403.3884 LOGX | +99.34% |
| 50 BRL | 307,881.7733 LOGX | 2,016.9423 LOGX | +99.34% |
| 100 BRL | 615,763.5467 LOGX | 4,033.8846 LOGX | +99.34% |
| 1,000 BRL | 6,157,635.4679 LOGX | 40,338.8463 LOGX | +99.34% |