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BRL to DIME price chart
BRL to Paradex 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 Paradex
Paradex price conversion tables
Brazilian Real | |
|---|---|
1 | 0.05898 |
2 | 0.1179 |
3 | 0.1769 |
5 | 0.2949 |
10 | 0.5898 |
25 | 1.4747 |
50 | 2.9494 |
100 | 5.8988 |
1,000 | 58.9888 |
Brazilian Real | |
|---|---|
1 | 16.9523 |
5 | 84.7618 |
10 | 169.5236 |
20 | 339.04722 |
50 | 847.618 |
100 | 1,695.2361 |
200 | 3,390.4722 |
500 | 8,476.1807 |
1,000 | 16,952.3614 |
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Brazilian Real to Paradex performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 2:54 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 16.9548 DIME | 14.9723 DIME | +11.69% |
| 5 BRL | 84.7744 DIME | 74.8615 DIME | +11.69% |
| 10 BRL | 169.5489 DIME | 149.723 DIME | +11.69% |
| 50 BRL | 847.7449 DIME | 748.615 DIME | +11.69% |
| 100 BRL | 1,695.4899 DIME | 1,497.2301 DIME | +11.69% |
| 1,000 BRL | 16,954.8999 DIME | 14,972.3012 DIME | +11.69% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 2:54 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 16.9548 DIME | 17.4703 DIME | -3.04% |
| 5 BRL | 84.7744 DIME | 87.3515 DIME | -3.04% |
| 10 BRL | 169.5489 DIME | 174.703 DIME | -3.04% |
| 50 BRL | 847.7449 DIME | 873.515 DIME | -3.04% |
| 100 BRL | 1,695.4899 DIME | 1,747.03004 DIME | -3.04% |
| 1,000 BRL | 16,954.8999 DIME | 17,470.3004 DIME | -3.04% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 2:54 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 16.9548 DIME | 4.5934 DIME | +72.90% |
| 5 BRL | 84.7744 DIME | 22.9673 DIME | +72.90% |
| 10 BRL | 169.5489 DIME | 45.9347 DIME | +72.90% |
| 50 BRL | 847.7449 DIME | 229.6738 DIME | +72.90% |
| 100 BRL | 1,695.4899 DIME | 459.3477 DIME | +72.90% |
| 1,000 BRL | 16,954.8999 DIME | 4,593.4772 DIME | +72.90% |