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BRL to MIN price chart
BRL to Minswap 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 Minswap
Minswap price conversion tables
Brazilian Real | |
|---|---|
1 | 0.01779 |
2 | 0.03559 |
3 | 0.05339 |
5 | 0.08899 |
10 | 0.1779 |
25 | 0.4449 |
50 | 0.8899 |
100 | 1.7798 |
1,000 | 17.798 |
Brazilian Real | |
|---|---|
1 | 56.186 |
5 | 280.9302 |
10 | 561.8604 |
20 | 1,123.7209 |
50 | 2,809.3023 |
100 | 5,618.6046 |
200 | 11,237.2092 |
500 | 28,093.02301 |
1,000 | 56,186.04602 |
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Brazilian Real to Minswap performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 10:53 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 55.4323 MIN | 65.7894 MIN | -18.69% |
| 5 BRL | 277.1618 MIN | 328.9473 MIN | -18.69% |
| 10 BRL | 554.3237 MIN | 657.8947 MIN | -18.69% |
| 50 BRL | 2,771.6186 MIN | 3,289.4736 MIN | -18.69% |
| 100 BRL | 5,543.2372 MIN | 6,578.9473 MIN | -18.69% |
| 1,000 BRL | 55,432.3725 MIN | 65,789.4736 MIN | -18.69% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 10:53 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 55.4323 MIN | 65.445 MIN | -18.07% |
| 5 BRL | 277.1618 MIN | 327.2251 MIN | -18.07% |
| 10 BRL | 554.3237 MIN | 654.4502 MIN | -18.07% |
| 50 BRL | 2,771.6186 MIN | 3,272.2513 MIN | -18.07% |
| 100 BRL | 5,543.2372 MIN | 6,544.5026 MIN | -18.07% |
| 1,000 BRL | 55,432.3725 MIN | 65,445.02617 MIN | -18.07% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 10:53 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 55.4323 MIN | 7.5357 MIN | +86.40% |
| 5 BRL | 277.1618 MIN | 37.6789 MIN | +86.40% |
| 10 BRL | 554.3237 MIN | 75.3579 MIN | +86.40% |
| 50 BRL | 2,771.6186 MIN | 376.7897 MIN | +86.40% |
| 100 BRL | 5,543.2372 MIN | 753.5795 MIN | +86.40% |
| 1,000 BRL | 55,432.3725 MIN | 7,535.795 MIN | +86.40% |