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BRL to QFI price chart
BRL to Quantix Finance 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 Quantix Finance
Quantix Finance price conversion tables
Brazilian Real | |
|---|---|
1 | 47.232 |
2 | 94.464 |
3 | 141.6961 |
5 | 236.1602 |
10 | 472.3204 |
25 | 1,180.801 |
50 | 2,361.6021 |
100 | 4,723.2042 |
1,000 | 47,232.042 |
Brazilian Real | |
|---|---|
1 | 0.02117 |
5 | 0.1058 |
10 | 0.2117 |
20 | 0.4234 |
50 | 1.0586 |
100 | 2.1172 |
200 | 4.2344 |
500 | 10.586 |
1,000 | 21.172 |
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Brazilian Real to Quantix Finance performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 7:13 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 0.02122 QFI | 0.01434 QFI | +32.38% |
| 5 BRL | 0.1061 QFI | 0.07174 QFI | +32.38% |
| 10 BRL | 0.2122 QFI | 0.1434 QFI | +32.38% |
| 50 BRL | 1.06112 QFI | 0.7174 QFI | +32.38% |
| 100 BRL | 2.1222 QFI | 1.4349 QFI | +32.38% |
| 1,000 BRL | 21.2224 QFI | 14.3492 QFI | +32.38% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 7:13 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 0.02122 QFI | 0.01054 QFI | +50.32% |
| 5 BRL | 0.1061 QFI | 0.05271 QFI | +50.32% |
| 10 BRL | 0.2122 QFI | 0.1054 QFI | +50.32% |
| 50 BRL | 1.06112 QFI | 0.5271 QFI | +50.32% |
| 100 BRL | 2.1222 QFI | 1.05429 QFI | +50.32% |
| 1,000 BRL | 21.2224 QFI | 10.5429 QFI | +50.32% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 7:13 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 0.02122 QFI | 0.002688 QFI | +87.33% |
| 5 BRL | 0.1061 QFI | 0.01344 QFI | +87.33% |
| 10 BRL | 0.2122 QFI | 0.02688 QFI | +87.33% |
| 50 BRL | 1.06112 QFI | 0.1344 QFI | +87.33% |
| 100 BRL | 2.1222 QFI | 0.2688 QFI | +87.33% |
| 1,000 BRL | 21.2224 QFI | 2.688 QFI | +87.33% |