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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 | 0.6666 |
2 | 1.3332 |
3 | 1.9998 |
5 | 3.3331 |
10 | 6.6663 |
25 | 16.6658 |
50 | 33.3316 |
100 | 66.6633 |
1,000 | 666.6331 |
Brazilian Real | |
|---|---|
1 | 1.5 |
5 | 7.5003 |
10 | 15.0007541 |
20 | 30.001508 |
50 | 75.00377 |
100 | 150.007541 |
200 | 300.01508 |
500 | 750.0377 |
1,000 | 1,500.07541 |
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Brazilian Real to OpenLedger performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 7:49 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 1.506 OPEN | 1.1743 OPEN | +22.01% |
| 5 BRL | 7.5301 OPEN | 5.8719 OPEN | +22.01% |
| 10 BRL | 15.06024 OPEN | 11.7439 OPEN | +22.01% |
| 50 BRL | 75.3012 OPEN | 58.7199 OPEN | +22.01% |
| 100 BRL | 150.6024 OPEN | 117.4398 OPEN | +22.01% |
| 1,000 BRL | 1,506.02409 OPEN | 1,174.3981 OPEN | +22.01% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 7:49 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 1.506 OPEN | 1.2712 OPEN | +15.58% |
| 5 BRL | 7.5301 OPEN | 6.3564 OPEN | +15.58% |
| 10 BRL | 15.06024 OPEN | 12.7129 OPEN | +15.58% |
| 50 BRL | 75.3012 OPEN | 63.5647 OPEN | +15.58% |
| 100 BRL | 150.6024 OPEN | 127.1294 OPEN | +15.58% |
| 1,000 BRL | 1,506.02409 OPEN | 1,271.2941 OPEN | +15.58% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 7:49 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 1.506 OPEN | 0.1388 OPEN | +90.77% |
| 5 BRL | 7.5301 OPEN | 0.6944 OPEN | +90.77% |
| 10 BRL | 15.06024 OPEN | 1.3888 OPEN | +90.77% |
| 50 BRL | 75.3012 OPEN | 6.9444 OPEN | +90.77% |
| 100 BRL | 150.6024 OPEN | 13.8888 OPEN | +90.77% |
| 1,000 BRL | 1,506.02409 OPEN | 138.8888 OPEN | +90.77% |