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BRL to OPEN price chart
BRL to OpenLedger 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 OpenLedger
OpenLedger price conversion tables
Brazilian Real | |
|---|---|
1 | 0.4826 |
2 | 0.9652 |
3 | 1.4479 |
5 | 2.4132 |
10 | 4.8264 |
25 | 12.06611 |
50 | 24.1322 |
100 | 48.2644 |
1,000 | 482.6446 |
Brazilian Real | |
|---|---|
1 | 2.07191 |
5 | 10.3595 |
10 | 20.7191 |
20 | 41.4383 |
50 | 103.5958 |
100 | 207.1917 |
200 | 414.3835 |
500 | 1,035.9588 |
1,000 | 2,071.9176 |
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Brazilian Real to OpenLedger performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 2:52 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 2.09336 OPEN | 1.9523 OPEN | +6.73% |
| 5 BRL | 10.4668 OPEN | 9.7618 OPEN | +6.73% |
| 10 BRL | 20.9336 OPEN | 19.5236 OPEN | +6.73% |
| 50 BRL | 104.6682 OPEN | 97.6181 OPEN | +6.73% |
| 100 BRL | 209.3364 OPEN | 195.2362 OPEN | +6.73% |
| 1,000 BRL | 2,093.364 OPEN | 1,952.3623 OPEN | +6.73% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 2:52 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 2.09336 OPEN | 1.5206 OPEN | +27.35% |
| 5 BRL | 10.4668 OPEN | 7.6034 OPEN | +27.35% |
| 10 BRL | 20.9336 OPEN | 15.2068 OPEN | +27.35% |
| 50 BRL | 104.6682 OPEN | 76.03406 OPEN | +27.35% |
| 100 BRL | 209.3364 OPEN | 152.06812 OPEN | +27.35% |
| 1,000 BRL | 2,093.364 OPEN | 1,520.6812 OPEN | +27.35% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 2:52 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 2.09336 OPEN | 0.6211 OPEN | +70.32% |
| 5 BRL | 10.4668 OPEN | 3.1055 OPEN | +70.32% |
| 10 BRL | 20.9336 OPEN | 6.2111 OPEN | +70.32% |
| 50 BRL | 104.6682 OPEN | 31.0559 OPEN | +70.32% |
| 100 BRL | 209.3364 OPEN | 62.1118 OPEN | +70.32% |
| 1,000 BRL | 2,093.364 OPEN | 621.118 OPEN | +70.32% |