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BRL to ShopinX (shopinx.io) 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 ShopinX (shopinx.io)
ShopinX (shopinx.io) price conversion tables
Brazilian Real | |
|---|---|
1 | 0.{4}9787 |
2 | 0.0001957 |
3 | 0.0002936 |
5 | 0.0004893 |
10 | 0.0009787 |
25 | 0.002446 |
50 | 0.004893 |
100 | 0.009787 |
1,000 | 0.09787 |
Brazilian Real | |
|---|---|
1 | 10,216.8921 |
5 | 51,084.4607 |
10 | 102,168.9215 |
20 | 204,337.8431 |
50 | 510,844.6077 |
100 | 1,021,689.2155 |
200 | 2,043,378.4311 |
500 | 5,108,446.07793 |
1,000 | 10,216,892.1558 |
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Brazilian Real to ShopinX (shopinx.io) performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 11:31 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 10,229.1325 SPX | 10,692.8999 SPX | -4.54% |
| 5 BRL | 51,145.6628 SPX | 53,464.4995 SPX | -4.54% |
| 10 BRL | 102,291.3256 SPX | 106,928.9991 SPX | -4.54% |
| 50 BRL | 511,456.6284 SPX | 534,644.9957 SPX | -4.54% |
| 100 BRL | 1,022,913.2569 SPX | 1,069,289.9914 SPX | -4.54% |
| 1,000 BRL | 10,229,132.5695 SPX | 10,692,899.9144 SPX | -4.54% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 11:31 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 10,229.1325 SPX | 3.1746 SPX | +99.96% |
| 5 BRL | 51,145.6628 SPX | 15.873 SPX | +99.96% |
| 10 BRL | 102,291.3256 SPX | 31.746 SPX | +99.96% |
| 50 BRL | 511,456.6284 SPX | 158.7301 SPX | +99.96% |
| 100 BRL | 1,022,913.2569 SPX | 317.4603 SPX | +99.96% |
| 1,000 BRL | 10,229,132.5695 SPX | 3,174.6031 SPX | +99.96% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 11:31 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 10,229.1325 SPX | 3.4867 SPX | +99.96% |
| 5 BRL | 51,145.6628 SPX | 17.4337 SPX | +99.96% |
| 10 BRL | 102,291.3256 SPX | 34.8675 SPX | +99.96% |
| 50 BRL | 511,456.6284 SPX | 174.3375 SPX | +99.96% |
| 100 BRL | 1,022,913.2569 SPX | 348.675 SPX | +99.96% |
| 1,000 BRL | 10,229,132.5695 SPX | 3,486.7503 SPX | +99.96% |