Convert BRL to PHA | Live Phala Network Calculator
BRL to PHA price chart
BRL to Phala Network 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 Phala Network
Phala Network price conversion tables
Brazilian Real | |
|---|---|
1 | 0.234 |
2 | 0.468 |
3 | 0.7021 |
5 | 1.1702 |
10 | 2.3404 |
25 | 5.8512 |
50 | 11.7024 |
100 | 23.4049 |
1000 | 234.04977 |
Brazilian Real | |
|---|---|
1 | 4.2725 |
5 | 21.3629 |
10 | 42.7259 |
20 | 85.4519 |
50 | 213.6297 |
100 | 427.2595 |
200 | 854.519 |
500 | 2136.2977 |
1000 | 4272.5954 |
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Brazilian Real to Phala Network performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 12:25 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 4.2808 PHA | 4.4306 PHA | -3.51% |
| 5 BRL | 21.4041 PHA | 22.1533 PHA | -3.51% |
| 10 BRL | 42.8082 PHA | 44.3066 PHA | -3.51% |
| 50 BRL | 214.04109 PHA | 221.533 PHA | -3.51% |
| 100 BRL | 428.08219 PHA | 443.06601 PHA | -3.51% |
| 1000 BRL | 4280.8219 PHA | 4430.6601 PHA | -3.51% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 12:25 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 4.2808 PHA | 5.6721 PHA | -32.51% |
| 5 BRL | 21.4041 PHA | 28.3607 PHA | -32.51% |
| 10 BRL | 42.8082 PHA | 56.7214 PHA | -32.51% |
| 50 BRL | 214.04109 PHA | 283.6074 PHA | -32.51% |
| 100 BRL | 428.08219 PHA | 567.2149 PHA | -32.51% |
| 1000 BRL | 4280.8219 PHA | 5672.1497 PHA | -32.51% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 12:25 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 4.2808 PHA | 1.4784 PHA | +65.46% |
| 5 BRL | 21.4041 PHA | 7.392 PHA | +65.46% |
| 10 BRL | 42.8082 PHA | 14.7841 PHA | +65.46% |
| 50 BRL | 214.04109 PHA | 73.9207 PHA | +65.46% |
| 100 BRL | 428.08219 PHA | 147.8415 PHA | +65.46% |
| 1000 BRL | 4280.8219 PHA | 1478.4151 PHA | +65.46% |