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BRL to NFTL price chart
BRL to NFTL 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 NFTL
NFTL price conversion tables
Brazilian Real | |
|---|---|
1 | 0.003337 |
2 | 0.006674 |
3 | 0.01001 |
5 | 0.01668 |
10 | 0.03337 |
25 | 0.08342 |
50 | 0.1668 |
100 | 0.3337 |
1,000 | 3.337 |
Brazilian Real | |
|---|---|
1 | 299.664 |
5 | 1,498.3202 |
10 | 2,996.6404 |
20 | 5,993.2808 |
50 | 14,983.2021 |
100 | 29,966.4042 |
200 | 59,932.8084 |
500 | 149,832.02122 |
1,000 | 299,664.04244 |
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Brazilian Real to NFTL performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 4:40 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 299.6703 NFTL | 299.6703 NFTL | -- |
| 5 BRL | 1,498.3518 NFTL | 1,498.3518 NFTL | -- |
| 10 BRL | 2,996.7036 NFTL | 2,996.7036 NFTL | -- |
| 50 BRL | 14,983.5181 NFTL | 14,983.5181 NFTL | -- |
| 100 BRL | 29,967.03626 NFTL | 29,967.03626 NFTL | -- |
| 1,000 BRL | 299,670.3626 NFTL | 299,670.3626 NFTL | -- |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 4:40 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 299.6703 NFTL | 277.3925 NFTL | +7.43% |
| 5 BRL | 1,498.3518 NFTL | 1,386.9625 NFTL | +7.43% |
| 10 BRL | 2,996.7036 NFTL | 2,773.9251 NFTL | +7.43% |
| 50 BRL | 14,983.5181 NFTL | 13,869.6255 NFTL | +7.43% |
| 100 BRL | 29,967.03626 NFTL | 27,739.251 NFTL | +7.43% |
| 1,000 BRL | 299,670.3626 NFTL | 277,392.5104 NFTL | +7.43% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 4:40 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 299.6703 NFTL | 97.5609 NFTL | +67.44% |
| 5 BRL | 1,498.3518 NFTL | 487.8048 NFTL | +67.44% |
| 10 BRL | 2,996.7036 NFTL | 975.6097 NFTL | +67.44% |
| 50 BRL | 14,983.5181 NFTL | 4,878.04878 NFTL | +67.44% |
| 100 BRL | 29,967.03626 NFTL | 9,756.09756 NFTL | +67.44% |
| 1,000 BRL | 299,670.3626 NFTL | 97,560.9756 NFTL | +67.44% |