Convert BRL to MTLX | Live Mettalex Calculator
BRL to MTLX price chart
BRL to Mettalex 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 Mettalex
Mettalex price conversion tables
Brazilian Real | |
|---|---|
1 | 0.1149 |
2 | 0.2299 |
3 | 0.3449 |
5 | 0.5749 |
10 | 1.1499 |
25 | 2.8749 |
50 | 5.7498 |
100 | 11.4997 |
1,000 | 114.9973 |
Brazilian Real | |
|---|---|
1 | 8.6958 |
5 | 43.4792 |
10 | 86.9585 |
20 | 173.917 |
50 | 434.7925 |
100 | 869.5851 |
200 | 1,739.1703 |
500 | 4,347.9258 |
1,000 | 8,695.8517 |
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Brazilian Real to Mettalex performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 3:46 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 8.7032 MTLX | 8.547 MTLX | +1.79% |
| 5 BRL | 43.5161 MTLX | 42.735 MTLX | +1.79% |
| 10 BRL | 87.0322 MTLX | 85.47 MTLX | +1.79% |
| 50 BRL | 435.161 MTLX | 427.3504 MTLX | +1.79% |
| 100 BRL | 870.322 MTLX | 854.7008 MTLX | +1.79% |
| 1,000 BRL | 8,703.2201 MTLX | 8,547.008547 MTLX | +1.79% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 3:46 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 8.7032 MTLX | 6.7658 MTLX | +22.25% |
| 5 BRL | 43.5161 MTLX | 33.8294 MTLX | +22.25% |
| 10 BRL | 87.0322 MTLX | 67.6589 MTLX | +22.25% |
| 50 BRL | 435.161 MTLX | 338.2949 MTLX | +22.25% |
| 100 BRL | 870.322 MTLX | 676.5899 MTLX | +22.25% |
| 1,000 BRL | 8,703.2201 MTLX | 6,765.8998 MTLX | +22.25% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 3:46 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 8.7032 MTLX | 0.2272 MTLX | +97.38% |
| 5 BRL | 43.5161 MTLX | 1.1363 MTLX | +97.38% |
| 10 BRL | 87.0322 MTLX | 2.2727 MTLX | +97.38% |
| 50 BRL | 435.161 MTLX | 11.3636 MTLX | +97.38% |
| 100 BRL | 870.322 MTLX | 22.7272 MTLX | +97.38% |
| 1,000 BRL | 8,703.2201 MTLX | 227.2727 MTLX | +97.38% |