Convert BRL to LOOM | Live Loom Network Calculator
BRL to LOOM price chart
BRL to Loom 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 Loom Network
Loom Network price conversion tables
Brazilian Real | |
|---|---|
1 | 0.01002 |
2 | 0.02004 |
3 | 0.03007 |
5 | 0.05012 |
10 | 0.1002 |
25 | 0.2506 |
50 | 0.5012 |
100 | 1.002442 |
1,000 | 10.02442 |
Brazilian Real | |
|---|---|
1 | 99.7563 |
5 | 498.7818 |
10 | 997.5636 |
20 | 1,995.1273 |
50 | 4,987.8183 |
100 | 9,975.6366 |
200 | 19,951.2732 |
500 | 49,878.183 |
1,000 | 99,756.366 |
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Brazilian Real to Loom Network performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 1:08 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 99.8003 LOOM | 100.09008 LOOM | -0.30% |
| 5 BRL | 499.001996 LOOM | 500.4504 LOOM | -0.30% |
| 10 BRL | 998.003992 LOOM | 1,000.9008 LOOM | -0.30% |
| 50 BRL | 4,990.01996 LOOM | 5,004.504 LOOM | -0.30% |
| 100 BRL | 9,980.03992 LOOM | 10,009.008107 LOOM | -0.30% |
| 1,000 BRL | 99,800.3992 LOOM | 100,090.08107 LOOM | -0.30% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 1:08 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 99.8003 LOOM | 1,623.6402 LOOM | -1,526.89% |
| 5 BRL | 499.001996 LOOM | 8,118.201 LOOM | -1,526.89% |
| 10 BRL | 998.003992 LOOM | 16,236.402 LOOM | -1,526.89% |
| 50 BRL | 4,990.01996 LOOM | 81,182.01006 LOOM | -1,526.89% |
| 100 BRL | 9,980.03992 LOOM | 162,364.02013 LOOM | -1,526.89% |
| 1,000 BRL | 99,800.3992 LOOM | 1,623,640.2013 LOOM | -1,526.89% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 1:08 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 99.8003 LOOM | 257.9979 LOOM | -158.52% |
| 5 BRL | 499.001996 LOOM | 1,289.9896 LOOM | -158.52% |
| 10 BRL | 998.003992 LOOM | 2,579.9793 LOOM | -158.52% |
| 50 BRL | 4,990.01996 LOOM | 12,899.8968 LOOM | -158.52% |
| 100 BRL | 9,980.03992 LOOM | 25,799.7936 LOOM | -158.52% |
| 1,000 BRL | 99,800.3992 LOOM | 257,997.936 LOOM | -158.52% |