Convert BRL to MATES | Live MATES Calculator
BRL to MATES price chart
BRL to MATES 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 MATES
MATES price conversion tables
Brazilian Real | |
|---|---|
1 | 0.{4}4827 |
2 | 0.{4}9655 |
3 | 0.0001448 |
5 | 0.0002413 |
10 | 0.0004827 |
25 | 0.001206 |
50 | 0.002413 |
100 | 0.004827 |
1,000 | 0.04827 |
Brazilian Real | |
|---|---|
1 | 20,713.3799 |
5 | 103,566.8999 |
10 | 207,133.7999 |
20 | 414,267.5998 |
50 | 1,035,668.9996 |
100 | 2,071,337.9992 |
200 | 4,142,675.9984 |
500 | 10,356,689.996 |
1,000 | 20,713,379.9921 |
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Brazilian Real to MATES performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 11:02 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 20,716.8013 MATES | 20,716.8013 MATES | -- |
| 5 BRL | 103,584.006629 MATES | 103,584.006629 MATES | -- |
| 10 BRL | 207,168.01325 MATES | 207,168.01325 MATES | -- |
| 50 BRL | 1,035,840.06629 MATES | 1,035,840.06629 MATES | -- |
| 100 BRL | 2,071,680.1325 MATES | 2,071,680.1325 MATES | -- |
| 1,000 BRL | 20,716,801.3258 MATES | 20,716,801.3258 MATES | -- |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 11:02 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 20,716.8013 MATES | 16,455.4879 MATES | +20.56% |
| 5 BRL | 103,584.006629 MATES | 82,277.4395 MATES | +20.56% |
| 10 BRL | 207,168.01325 MATES | 164,554.879 MATES | +20.56% |
| 50 BRL | 1,035,840.06629 MATES | 822,774.3952 MATES | +20.56% |
| 100 BRL | 2,071,680.1325 MATES | 1,645,548.7905 MATES | +20.56% |
| 1,000 BRL | 20,716,801.3258 MATES | 16,455,487.9052 MATES | +20.56% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 11:02 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 20,716.8013 MATES | 4,089.9795 MATES | +80.25% |
| 5 BRL | 103,584.006629 MATES | 20,449.8977 MATES | +80.25% |
| 10 BRL | 207,168.01325 MATES | 40,899.7955 MATES | +80.25% |
| 50 BRL | 1,035,840.06629 MATES | 204,498.9775 MATES | +80.25% |
| 100 BRL | 2,071,680.1325 MATES | 408,997.955 MATES | +80.25% |
| 1,000 BRL | 20,716,801.3258 MATES | 4,089,979.5501 MATES | +80.25% |