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BRL to RCM price chart
BRL to READ2N 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 READ2N
READ2N price conversion tables
Brazilian Real | |
|---|---|
1 | 0.4315 |
2 | 0.8631 |
3 | 1.2947 |
5 | 2.1579 |
10 | 4.3159 |
25 | 10.7898 |
50 | 21.5796 |
100 | 43.1592 |
1,000 | 431.5928 |
Brazilian Real | |
|---|---|
1 | 2.3169 |
5 | 11.5849 |
10 | 23.1699 |
20 | 46.3399 |
50 | 115.8499 |
100 | 231.6998 |
200 | 463.3996 |
500 | 1,158.4992 |
1,000 | 2,316.9984 |
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Brazilian Real to READ2N performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 6:01 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 2.3174 RCM | 2.2836 RCM | +1.46% |
| 5 BRL | 11.5874 RCM | 11.4181 RCM | +1.46% |
| 10 BRL | 23.1749 RCM | 22.8362 RCM | +1.46% |
| 50 BRL | 115.8748 RCM | 114.1813 RCM | +1.46% |
| 100 BRL | 231.7497 RCM | 228.3626 RCM | +1.46% |
| 1,000 BRL | 2,317.4971 RCM | 2,283.6263 RCM | +1.46% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 6:01 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 2.3174 RCM | 0.9708 RCM | +58.10% |
| 5 BRL | 11.5874 RCM | 4.8543 RCM | +58.10% |
| 10 BRL | 23.1749 RCM | 9.7087 RCM | +58.10% |
| 50 BRL | 115.8748 RCM | 48.5436 RCM | +58.10% |
| 100 BRL | 231.7497 RCM | 97.08737 RCM | +58.10% |
| 1,000 BRL | 2,317.4971 RCM | 970.8737 RCM | +58.10% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 6:01 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 2.3174 RCM | 0.6622 RCM | +71.42% |
| 5 BRL | 11.5874 RCM | 3.3112 RCM | +71.42% |
| 10 BRL | 23.1749 RCM | 6.6225 RCM | +71.42% |
| 50 BRL | 115.8748 RCM | 33.1125 RCM | +71.42% |
| 100 BRL | 231.7497 RCM | 66.2251 RCM | +71.42% |
| 1,000 BRL | 2,317.4971 RCM | 662.2516 RCM | +71.42% |