Convert BRL to NIM | Live Nimiq Calculator
BRL to NIM price chart
BRL to Nimiq 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 Nimiq
Nimiq price conversion tables
Brazilian Real | |
|---|---|
1 | 0.001424 |
2 | 0.002849 |
3 | 0.004274 |
5 | 0.007123 |
10 | 0.01424 |
25 | 0.03561 |
50 | 0.07123 |
100 | 0.1424 |
1,000 | 1.4246 |
Brazilian Real | |
|---|---|
1 | 701.9178 |
5 | 3,509.5893 |
10 | 7,019.1786 |
20 | 14,038.3572 |
50 | 35,095.893 |
100 | 70,191.7861 |
200 | 140,383.5722 |
500 | 350,958.9307 |
1,000 | 701,917.8614 |
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Brazilian Real to Nimiq performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 4:26 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 698.812 NIM | 656.5988 NIM | +6.04% |
| 5 BRL | 3,494.06009 NIM | 3,282.994 NIM | +6.04% |
| 10 BRL | 6,988.1201 NIM | 6,565.9881 NIM | +6.04% |
| 50 BRL | 34,940.6009 NIM | 32,829.9409 NIM | +6.04% |
| 100 BRL | 69,881.2019 NIM | 65,659.8818 NIM | +6.04% |
| 1,000 BRL | 698,812.01956 NIM | 656,598.8181 NIM | +6.04% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 4:26 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 698.812 NIM | 640.2048 NIM | +8.38% |
| 5 BRL | 3,494.06009 NIM | 3,201.02432 NIM | +8.38% |
| 10 BRL | 6,988.1201 NIM | 6,402.04865 NIM | +8.38% |
| 50 BRL | 34,940.6009 NIM | 32,010.2432 NIM | +8.38% |
| 100 BRL | 69,881.2019 NIM | 64,020.4865 NIM | +8.38% |
| 1,000 BRL | 698,812.01956 NIM | 640,204.8655 NIM | +8.38% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 4:26 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 698.812 NIM | 286.8617 NIM | +58.95% |
| 5 BRL | 3,494.06009 NIM | 1,434.3086 NIM | +58.95% |
| 10 BRL | 6,988.1201 NIM | 2,868.6173 NIM | +58.95% |
| 50 BRL | 34,940.6009 NIM | 14,343.08663 NIM | +58.95% |
| 100 BRL | 69,881.2019 NIM | 28,686.1732 NIM | +58.95% |
| 1,000 BRL | 698,812.01956 NIM | 286,861.7326 NIM | +58.95% |