Convert BRL to OLE | Live OpenLeverage Calculator
BRL to OLE price chart
BRL to OpenLeverage 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 OpenLeverage
OpenLeverage price conversion tables
Brazilian Real | |
|---|---|
1 | 0.002979 |
2 | 0.005959 |
3 | 0.008938 |
5 | 0.01489 |
10 | 0.02979 |
25 | 0.07449 |
50 | 0.1489 |
100 | 0.2979 |
1,000 | 2.9796 |
Brazilian Real | |
|---|---|
1 | 335.6081 |
5 | 1,678.04059 |
10 | 3,356.08118 |
20 | 6,712.1623 |
50 | 16,780.4059 |
100 | 33,560.8118 |
200 | 67,121.6237 |
500 | 167,804.05936 |
1,000 | 335,608.1187 |
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Brazilian Real to OpenLeverage performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 2:25 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 335.6831 OLE | 401.7677 OLE | -19.69% |
| 5 BRL | 1,678.4155 OLE | 2,008.8388 OLE | -19.69% |
| 10 BRL | 3,356.8311 OLE | 4,017.6777 OLE | -19.69% |
| 50 BRL | 16,784.1557 OLE | 20,088.3889 OLE | -19.69% |
| 100 BRL | 33,568.3115 OLE | 40,176.7778 OLE | -19.69% |
| 1,000 BRL | 335,683.1151 OLE | 401,767.7782 OLE | -19.69% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 2:25 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 335.6831 OLE | 262.8811 OLE | +21.68% |
| 5 BRL | 1,678.4155 OLE | 1,314.4058 OLE | +21.68% |
| 10 BRL | 3,356.8311 OLE | 2,628.8117 OLE | +21.68% |
| 50 BRL | 16,784.1557 OLE | 13,144.05888 OLE | +21.68% |
| 100 BRL | 33,568.3115 OLE | 26,288.1177 OLE | +21.68% |
| 1,000 BRL | 335,683.1151 OLE | 262,881.1777 OLE | +21.68% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 2:25 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 335.6831 OLE | 88.6524 OLE | +73.59% |
| 5 BRL | 1,678.4155 OLE | 443.2624 OLE | +73.59% |
| 10 BRL | 3,356.8311 OLE | 886.5248 OLE | +73.59% |
| 50 BRL | 16,784.1557 OLE | 4,432.6241 OLE | +73.59% |
| 100 BRL | 33,568.3115 OLE | 8,865.2482 OLE | +73.59% |
| 1,000 BRL | 335,683.1151 OLE | 88,652.4822 OLE | +73.59% |