Convert BRL to MTX | Live Matrix (matrix.app) Calculator
BRL to MTX price chart
BRL to Matrix (matrix.app) 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 Matrix (matrix.app)
Matrix (matrix.app) price conversion tables
Brazilian Real | |
|---|---|
1 | 190.6935 |
2 | 381.3871 |
3 | 572.08067 |
5 | 953.4677 |
10 | 1,906.9355 |
25 | 4,767.3389 |
50 | 9,534.6779 |
100 | 19,069.3558 |
1,000 | 190,693.558 |
Brazilian Real | |
|---|---|
1 | 0.005244 |
5 | 0.02622 |
10 | 0.05244 |
20 | 0.1048 |
50 | 0.2622 |
100 | 0.5244 |
200 | 1.0488 |
500 | 2.622 |
1,000 | 5.244 |
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Brazilian Real to Matrix (matrix.app) performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 8:43 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 0.005275 MTX | 0.005151 MTX | +2.35% |
| 5 BRL | 0.02637 MTX | 0.02575 MTX | +2.35% |
| 10 BRL | 0.05275 MTX | 0.05151 MTX | +2.35% |
| 50 BRL | 0.2637 MTX | 0.2575 MTX | +2.35% |
| 100 BRL | 0.5275 MTX | 0.5151 MTX | +2.35% |
| 1,000 BRL | 5.2759 MTX | 5.1517 MTX | +2.35% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 8:43 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 0.005275 MTX | 0.005653 MTX | -7.17% |
| 5 BRL | 0.02637 MTX | 0.02826 MTX | -7.17% |
| 10 BRL | 0.05275 MTX | 0.05653 MTX | -7.17% |
| 50 BRL | 0.2637 MTX | 0.2826 MTX | -7.17% |
| 100 BRL | 0.5275 MTX | 0.5653 MTX | -7.17% |
| 1,000 BRL | 5.2759 MTX | 5.6538 MTX | -7.17% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 8:43 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 0.005275 MTX | 0.005122 MTX | +2.90% |
| 5 BRL | 0.02637 MTX | 0.02561 MTX | +2.90% |
| 10 BRL | 0.05275 MTX | 0.05122 MTX | +2.90% |
| 50 BRL | 0.2637 MTX | 0.2561 MTX | +2.90% |
| 100 BRL | 0.5275 MTX | 0.5122 MTX | +2.90% |
| 1,000 BRL | 5.2759 MTX | 5.1226 MTX | +2.90% |