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BRL to OFT price chart
BRL to ONFA 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 ONFA
ONFA price conversion tables
Brazilian Real | |
|---|---|
1 | 0.09635 |
2 | 0.1927 |
3 | 0.289 |
5 | 0.4817 |
10 | 0.9635 |
25 | 2.4087 |
50 | 4.8175 |
100 | 9.6351 |
1,000 | 96.3512 |
Brazilian Real | |
|---|---|
1 | 10.3786 |
5 | 51.8934 |
10 | 103.7869 |
20 | 207.5738 |
50 | 518.9346 |
100 | 1,037.8693 |
200 | 2,075.7387 |
500 | 5,189.3468 |
1,000 | 10,378.6936 |
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Brazilian Real to ONFA performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 1:07 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 10.4025 OFT | 7.2833 OFT | +29.98% |
| 5 BRL | 52.01289 OFT | 36.4166 OFT | +29.98% |
| 10 BRL | 104.02579 OFT | 72.8332 OFT | +29.98% |
| 50 BRL | 520.1289 OFT | 364.166 OFT | +29.98% |
| 100 BRL | 1,040.2579 OFT | 728.3321 OFT | +29.98% |
| 1,000 BRL | 10,402.5798 OFT | 7,283.3211 OFT | +29.98% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 1:07 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 10.4025 OFT | 3.04506 OFT | +70.72% |
| 5 BRL | 52.01289 OFT | 15.2253 OFT | +70.72% |
| 10 BRL | 104.02579 OFT | 30.4506 OFT | +70.72% |
| 50 BRL | 520.1289 OFT | 152.2533 OFT | +70.72% |
| 100 BRL | 1,040.2579 OFT | 304.5066 OFT | +70.72% |
| 1,000 BRL | 10,402.5798 OFT | 3,045.06699 OFT | +70.72% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 1:07 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 10.4025 OFT | 0.2816 OFT | +97.29% |
| 5 BRL | 52.01289 OFT | 1.4084 OFT | +97.29% |
| 10 BRL | 104.02579 OFT | 2.8169 OFT | +97.29% |
| 50 BRL | 520.1289 OFT | 14.0845 OFT | +97.29% |
| 100 BRL | 1,040.2579 OFT | 28.169 OFT | +97.29% |
| 1,000 BRL | 10,402.5798 OFT | 281.6901 OFT | +97.29% |