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BRL to LAYER price chart
BRL to Solayer 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 Solayer
Solayer price conversion tables
Brazilian Real | |
|---|---|
1 | 0.2974 |
2 | 0.5948 |
3 | 0.8922 |
5 | 1.4871 |
10 | 2.9742 |
25 | 7.4357 |
50 | 14.8714 |
100 | 29.7428 |
1,000 | 297.4287 |
Brazilian Real | |
|---|---|
1 | 3.3621 |
5 | 16.8107 |
10 | 33.6215 |
20 | 67.243 |
50 | 168.1075 |
100 | 336.215 |
200 | 672.43 |
500 | 1,681.07506 |
1,000 | 3,362.1501 |
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Brazilian Real to Solayer performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 9:48 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 3.3613 LAYER | 3.4094 LAYER | -1.44% |
| 5 BRL | 16.8067 LAYER | 17.04739 LAYER | -1.44% |
| 10 BRL | 33.6134 LAYER | 34.09478 LAYER | -1.44% |
| 50 BRL | 168.06722 LAYER | 170.4739 LAYER | -1.44% |
| 100 BRL | 336.1344 LAYER | 340.9478 LAYER | -1.44% |
| 1,000 BRL | 3,361.3445 LAYER | 3,409.4783 LAYER | -1.44% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 9:48 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 3.3613 LAYER | 2.3435 LAYER | +30.27% |
| 5 BRL | 16.8067 LAYER | 11.7178 LAYER | +30.27% |
| 10 BRL | 33.6134 LAYER | 23.4356 LAYER | +30.27% |
| 50 BRL | 168.06722 LAYER | 117.1783 LAYER | +30.27% |
| 100 BRL | 336.1344 LAYER | 234.3566 LAYER | +30.27% |
| 1,000 BRL | 3,361.3445 LAYER | 2,343.5669 LAYER | +30.27% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 9:48 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 3.3613 LAYER | 0.862 LAYER | +74.35% |
| 5 BRL | 16.8067 LAYER | 4.3103 LAYER | +74.35% |
| 10 BRL | 33.6134 LAYER | 8.6206 LAYER | +74.35% |
| 50 BRL | 168.06722 LAYER | 43.1034 LAYER | +74.35% |
| 100 BRL | 336.1344 LAYER | 86.2068 LAYER | +74.35% |
| 1,000 BRL | 3,361.3445 LAYER | 862.06896 LAYER | +74.35% |