Convert BRL to MATE | Live Mate Calculator
BRL to MATE price chart
BRL to Mate 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 Mate
Mate price conversion tables
Brazilian Real | |
|---|---|
1 | 0.002914 |
2 | 0.005829 |
3 | 0.008744 |
5 | 0.01457 |
10 | 0.02914 |
25 | 0.07287 |
50 | 0.1457 |
100 | 0.2914 |
1,000 | 2.9148 |
Brazilian Real | |
|---|---|
1 | 343.069 |
5 | 1,715.345 |
10 | 3,430.69 |
20 | 6,861.3801 |
50 | 17,153.4504 |
100 | 34,306.9009 |
200 | 68,613.8019 |
500 | 171,534.5048 |
1,000 | 343,069.009731 |
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Brazilian Real to Mate performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 12:51 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 343.1708 MATE | 338.2949 MATE | +1.42% |
| 5 BRL | 1,715.8544 MATE | 1,691.4749 MATE | +1.42% |
| 10 BRL | 3,431.7089 MATE | 3,382.9499 MATE | +1.42% |
| 50 BRL | 17,158.5449 MATE | 16,914.7496 MATE | +1.42% |
| 100 BRL | 34,317.08991 MATE | 33,829.4993 MATE | +1.42% |
| 1,000 BRL | 343,170.8991 MATE | 338,294.9932 MATE | +1.42% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 12:51 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 343.1708 MATE | 308.7372 MATE | +10.03% |
| 5 BRL | 1,715.8544 MATE | 1,543.6863 MATE | +10.03% |
| 10 BRL | 3,431.7089 MATE | 3,087.3726 MATE | +10.03% |
| 50 BRL | 17,158.5449 MATE | 15,436.8632 MATE | +10.03% |
| 100 BRL | 34,317.08991 MATE | 30,873.7264 MATE | +10.03% |
| 1,000 BRL | 343,170.8991 MATE | 308,737.2645 MATE | +10.03% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 12:51 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 343.1708 MATE | 246.6699 MATE | +28.12% |
| 5 BRL | 1,715.8544 MATE | 1,233.3497 MATE | +28.12% |
| 10 BRL | 3,431.7089 MATE | 2,466.6995 MATE | +28.12% |
| 50 BRL | 17,158.5449 MATE | 12,333.4977 MATE | +28.12% |
| 100 BRL | 34,317.08991 MATE | 24,666.9955 MATE | +28.12% |
| 1,000 BRL | 343,170.8991 MATE | 246,669.9555 MATE | +28.12% |