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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 | 305.1853 |
2 | 610.3706 |
3 | 915.5559 |
5 | 1525.9266 |
10 | 3051.8532 |
25 | 7629.6332 |
50 | 15259.2664 |
100 | 30518.5328 |
1000 | 305185.328 |
Brazilian Real | |
|---|---|
1 | 0.003276 |
5 | 0.01638 |
10 | 0.03276 |
20 | 0.06553 |
50 | 0.1638 |
100 | 0.3276 |
200 | 0.6553 |
500 | 1.6383 |
1000 | 3.2766 |
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Brazilian Real to Quantix Finance performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 8:49 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 0.003265 QFI | 0.003269 QFI | -0.12% |
| 5 BRL | 0.01632 QFI | 0.01634 QFI | -0.12% |
| 10 BRL | 0.03265 QFI | 0.03269 QFI | -0.12% |
| 50 BRL | 0.1632 QFI | 0.1634 QFI | -0.12% |
| 100 BRL | 0.3265 QFI | 0.3269 QFI | -0.12% |
| 1000 BRL | 3.2654 QFI | 3.2691 QFI | -0.12% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 8:49 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 0.003265 QFI | 0.003297 QFI | -0.98% |
| 5 BRL | 0.01632 QFI | 0.01648 QFI | -0.98% |
| 10 BRL | 0.03265 QFI | 0.03297 QFI | -0.98% |
| 50 BRL | 0.1632 QFI | 0.1648 QFI | -0.98% |
| 100 BRL | 0.3265 QFI | 0.3297 QFI | -0.98% |
| 1000 BRL | 3.2654 QFI | 3.2973 QFI | -0.98% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 8:49 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 0.003265 QFI | 0.002221 QFI | +31.95% |
| 5 BRL | 0.01632 QFI | 0.0111 QFI | +31.95% |
| 10 BRL | 0.03265 QFI | 0.02221 QFI | +31.95% |
| 50 BRL | 0.1632 QFI | 0.111 QFI | +31.95% |
| 100 BRL | 0.3265 QFI | 0.2221 QFI | +31.95% |
| 1000 BRL | 3.2654 QFI | 2.2218 QFI | +31.95% |