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BRL to OMG price chart
BRL to OMG 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 OMG Network
OMG Network price conversion tables
Brazilian Real | |
|---|---|
1 | 0.2314 |
2 | 0.4628 |
3 | 0.6942 |
5 | 1.157 |
10 | 2.3141 |
25 | 5.7853 |
50 | 11.5706 |
100 | 23.1412 |
1,000 | 231.4125 |
Brazilian Real | |
|---|---|
1 | 4.3212 |
5 | 21.6064 |
10 | 43.2128 |
20 | 86.4257 |
50 | 216.06438 |
100 | 432.1287 |
200 | 864.2575 |
500 | 2,160.6438 |
1,000 | 4,321.2877 |
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Brazilian Real to OMG Network performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 5:36 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 4.2716 OMG | 4.1476 OMG | +2.90% |
| 5 BRL | 21.3583 OMG | 20.7382 OMG | +2.90% |
| 10 BRL | 42.7167 OMG | 41.4765 OMG | +2.90% |
| 50 BRL | 213.5839 OMG | 207.3828 OMG | +2.90% |
| 100 BRL | 427.1678 OMG | 414.7656 OMG | +2.90% |
| 1,000 BRL | 4,271.6787 OMG | 4,147.6565 OMG | +2.90% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 5:36 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 4.2716 OMG | 4.3898 OMG | -2.77% |
| 5 BRL | 21.3583 OMG | 21.949 OMG | -2.77% |
| 10 BRL | 42.7167 OMG | 43.8981 OMG | -2.77% |
| 50 BRL | 213.5839 OMG | 219.4907 OMG | -2.77% |
| 100 BRL | 427.1678 OMG | 438.9815 OMG | -2.77% |
| 1,000 BRL | 4,271.6787 OMG | 4,389.8156 OMG | -2.77% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 5:36 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 4.2716 OMG | 1.1156 OMG | +73.88% |
| 5 BRL | 21.3583 OMG | 5.5784 OMG | +73.88% |
| 10 BRL | 42.7167 OMG | 11.1569 OMG | +73.88% |
| 50 BRL | 213.5839 OMG | 55.7848 OMG | +73.88% |
| 100 BRL | 427.1678 OMG | 111.5697 OMG | +73.88% |
| 1,000 BRL | 4,271.6787 OMG | 1,115.6978 OMG | +73.88% |