Convert BRL to MEY | Live Mey Network Calculator
BRL to MEY price chart
BRL to Mey Network 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 Mey Network
Mey Network price conversion tables
Brazilian Real | |
|---|---|
1 | 0.242 |
2 | 0.4841 |
3 | 0.7261 |
5 | 1.2102 |
10 | 2.4205 |
25 | 6.05126 |
50 | 12.1025 |
100 | 24.205 |
1,000 | 242.05045 |
Brazilian Real | |
|---|---|
1 | 4.1313 |
5 | 20.6568 |
10 | 41.3137 |
20 | 82.6274 |
50 | 206.5685 |
100 | 413.137 |
200 | 826.274 |
500 | 2,065.685 |
1,000 | 4,131.37 |
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Brazilian Real to Mey Network performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 10:27 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 4.05679 MEY | 4.3802 MEY | -7.98% |
| 5 BRL | 20.2839 MEY | 21.901 MEY | -7.98% |
| 10 BRL | 40.5679 MEY | 43.802 MEY | -7.98% |
| 50 BRL | 202.8397 MEY | 219.01007 MEY | -7.98% |
| 100 BRL | 405.6795 MEY | 438.02014 MEY | -7.98% |
| 1,000 BRL | 4,056.7951 MEY | 4,380.2014 MEY | -7.98% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 10:27 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 4.05679 MEY | 2.985 MEY | +26.41% |
| 5 BRL | 20.2839 MEY | 14.9253 MEY | +26.41% |
| 10 BRL | 40.5679 MEY | 29.8507 MEY | +26.41% |
| 50 BRL | 202.8397 MEY | 149.2537 MEY | +26.41% |
| 100 BRL | 405.6795 MEY | 298.5074 MEY | +26.41% |
| 1,000 BRL | 4,056.7951 MEY | 2,985.07462 MEY | +26.41% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 10:27 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 4.05679 MEY | 1.4349 MEY | +64.62% |
| 5 BRL | 20.2839 MEY | 7.1746 MEY | +64.62% |
| 10 BRL | 40.5679 MEY | 14.3492 MEY | +64.62% |
| 50 BRL | 202.8397 MEY | 71.7463 MEY | +64.62% |
| 100 BRL | 405.6795 MEY | 143.4926 MEY | +64.62% |
| 1,000 BRL | 4,056.7951 MEY | 1,434.9261 MEY | +64.62% |