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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 | 0.9419 |
2 | 1.8838 |
3 | 2.8258 |
5 | 4.7096 |
10 | 9.4193 |
25 | 23.5484 |
50 | 47.09681 |
100 | 94.1936 |
1000 | 941.9362 |
Brazilian Real | |
|---|---|
1 | 1.06164 |
5 | 5.3082 |
10 | 10.6164 |
20 | 21.2328 |
50 | 53.08214 |
100 | 106.1642 |
200 | 212.3285 |
500 | 530.8214 |
1000 | 1061.6429 |
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Brazilian Real to OpenLedger performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 11:21 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 1.06055 OPEN | 0.9174 OPEN | +13.49% |
| 5 BRL | 5.3027 OPEN | 4.5871 OPEN | +13.49% |
| 10 BRL | 10.6055 OPEN | 9.1743 OPEN | +13.49% |
| 50 BRL | 53.02789 OPEN | 45.8715 OPEN | +13.49% |
| 100 BRL | 106.05578 OPEN | 91.7431 OPEN | +13.49% |
| 1000 BRL | 1060.5578 OPEN | 917.4311 OPEN | +13.49% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 11:21 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 1.06055 OPEN | 0.8771 OPEN | +17.28% |
| 5 BRL | 5.3027 OPEN | 4.3859 OPEN | +17.28% |
| 10 BRL | 10.6055 OPEN | 8.7719 OPEN | +17.28% |
| 50 BRL | 53.02789 OPEN | 43.8596 OPEN | +17.28% |
| 100 BRL | 106.05578 OPEN | 87.7192 OPEN | +17.28% |
| 1000 BRL | 1060.5578 OPEN | 877.1929 OPEN | +17.28% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 11:21 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 1.06055 OPEN | 0.1408 OPEN | +86.71% |
| 5 BRL | 5.3027 OPEN | 0.7042 OPEN | +86.71% |
| 10 BRL | 10.6055 OPEN | 1.4084 OPEN | +86.71% |
| 50 BRL | 53.02789 OPEN | 7.04225 OPEN | +86.71% |
| 100 BRL | 106.05578 OPEN | 14.0845 OPEN | +86.71% |
| 1000 BRL | 1060.5578 OPEN | 140.845 OPEN | +86.71% |