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BRL to SOCA price chart
BRL to Socaverse 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 Socaverse
Socaverse price conversion tables
Brazilian Real | |
|---|---|
1 | 0.{6}3716 |
2 | 0.{6}7433 |
3 | 0.{5}1114 |
5 | 0.{5}1858 |
10 | 0.{5}3716 |
25 | 0.{5}9291 |
50 | 0.{4}1858 |
100 | 0.{4}3716 |
1,000 | 0.0003716 |
Brazilian Real | |
|---|---|
1 | 2,690,618.553 |
5 | 13,453,092.7651 |
10 | 26,906,185.5302 |
20 | 53,812,371.06051 |
50 | 134,530,927.6512 |
100 | 269,061,855.3025 |
200 | 538,123,710.6051 |
500 | 1,345,309,276.5128 |
1,000 | 2,690,618,553.0257 |
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Brazilian Real to Socaverse performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 9:54 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 1.3954 SOCA | 1.4009 SOCA | -0.40% |
| 5 BRL | 6.9773 SOCA | 7.004763 SOCA | -0.40% |
| 10 BRL | 13.9547 SOCA | 14.009526 SOCA | -0.40% |
| 50 BRL | 69.7739 SOCA | 70.04763 SOCA | -0.40% |
| 100 BRL | 139.5478 SOCA | 140.09526 SOCA | -0.40% |
| 1,000 BRL | 1,395.4786 SOCA | 1,400.9526 SOCA | -0.40% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 9:54 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 1.3954 SOCA | 4.6663 SOCA | -234.40% |
| 5 BRL | 6.9773 SOCA | 23.3317 SOCA | -234.40% |
| 10 BRL | 13.9547 SOCA | 46.6635 SOCA | -234.40% |
| 50 BRL | 69.7739 SOCA | 233.3177 SOCA | -234.40% |
| 100 BRL | 139.5478 SOCA | 466.6355 SOCA | -234.40% |
| 1,000 BRL | 1,395.4786 SOCA | 4,666.3555 SOCA | -234.40% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 9:54 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 1.3954 SOCA | 2.5471 SOCA | -82.53% |
| 5 BRL | 6.9773 SOCA | 12.7356 SOCA | -82.53% |
| 10 BRL | 13.9547 SOCA | 25.4712 SOCA | -82.53% |
| 50 BRL | 69.7739 SOCA | 127.356 SOCA | -82.53% |
| 100 BRL | 139.5478 SOCA | 254.7121 SOCA | -82.53% |
| 1,000 BRL | 1,395.4786 SOCA | 2,547.1217 SOCA | -82.53% |