Convert BRL to MAT | Live Matchain Calculator
BRL to MAT price chart
BRL to Matchain 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 Matchain
Matchain price conversion tables
Brazilian Real | |
|---|---|
1 | 0.1876 |
2 | 0.3753 |
3 | 0.5629 |
5 | 0.9382 |
10 | 1.8765 |
25 | 4.6912 |
50 | 9.3825 |
100 | 18.765 |
1,000 | 187.6507 |
Brazilian Real | |
|---|---|
1 | 5.329 |
5 | 26.6452 |
10 | 53.2904 |
20 | 106.5809 |
50 | 266.4524 |
100 | 532.9049 |
200 | 1,065.8099 |
500 | 2,664.5248 |
1,000 | 5,329.04974 |
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Brazilian Real to Matchain performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 4:36 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 5.3333 MAT | 5.4824 MAT | -2.80% |
| 5 BRL | 26.6666 MAT | 27.4122 MAT | -2.80% |
| 10 BRL | 53.3333 MAT | 54.8245 MAT | -2.80% |
| 50 BRL | 266.6666 MAT | 274.1228 MAT | -2.80% |
| 100 BRL | 533.3333 MAT | 548.2456 MAT | -2.80% |
| 1,000 BRL | 5,333.3333 MAT | 5,482.4561 MAT | -2.80% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 4:36 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 5.3333 MAT | 5.8997 MAT | -10.62% |
| 5 BRL | 26.6666 MAT | 29.4985 MAT | -10.62% |
| 10 BRL | 53.3333 MAT | 58.997 MAT | -10.62% |
| 50 BRL | 266.6666 MAT | 294.9852 MAT | -10.62% |
| 100 BRL | 533.3333 MAT | 589.9705 MAT | -10.62% |
| 1,000 BRL | 5,333.3333 MAT | 5,899.705 MAT | -10.62% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 4:36 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 5.3333 MAT | 0.1964 MAT | +96.31% |
| 5 BRL | 26.6666 MAT | 0.9823 MAT | +96.31% |
| 10 BRL | 53.3333 MAT | 1.9646 MAT | +96.31% |
| 50 BRL | 266.6666 MAT | 9.8231 MAT | +96.31% |
| 100 BRL | 533.3333 MAT | 19.6463 MAT | +96.31% |
| 1,000 BRL | 5,333.3333 MAT | 196.4636 MAT | +96.31% |