Convert BRL to SOV | Live Sovryn Calculator
BRL to SOV price chart
BRL to Sovryn 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 Sovryn
Sovryn price conversion tables
Brazilian Real | |
|---|---|
1 | 0.06311 |
2 | 0.1262 |
3 | 0.1893 |
5 | 0.3155 |
10 | 0.6311 |
25 | 1.5777 |
50 | 3.1555 |
100 | 6.3111 |
1,000 | 63.111 |
Brazilian Real | |
|---|---|
1 | 15.845 |
5 | 79.2254 |
10 | 158.4508 |
20 | 316.9017 |
50 | 792.2544 |
100 | 1,584.5088 |
200 | 3,169.01765 |
500 | 7,922.5441 |
1,000 | 15,845.08827 |
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Brazilian Real to Sovryn performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 3:03 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 15.8453 SOV | 15.2091 SOV | +4.01% |
| 5 BRL | 79.2267 SOV | 76.04562 SOV | +4.01% |
| 10 BRL | 158.4534 SOV | 152.09125 SOV | +4.01% |
| 50 BRL | 792.2674 SOV | 760.4562 SOV | +4.01% |
| 100 BRL | 1,584.5349 SOV | 1,520.9125 SOV | +4.01% |
| 1,000 BRL | 15,845.3493 SOV | 15,209.1254 SOV | +4.01% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 3:03 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 15.8453 SOV | 11.9731 SOV | +24.43% |
| 5 BRL | 79.2267 SOV | 59.8659 SOV | +24.43% |
| 10 BRL | 158.4534 SOV | 119.7318 SOV | +24.43% |
| 50 BRL | 792.2674 SOV | 598.659 SOV | +24.43% |
| 100 BRL | 1,584.5349 SOV | 1,197.318 SOV | +24.43% |
| 1,000 BRL | 15,845.3493 SOV | 11,973.18 SOV | +24.43% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 3:03 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 15.8453 SOV | 2.002002 SOV | +87.36% |
| 5 BRL | 79.2267 SOV | 10.01001 SOV | +87.36% |
| 10 BRL | 158.4534 SOV | 20.02002 SOV | +87.36% |
| 50 BRL | 792.2674 SOV | 100.1001 SOV | +87.36% |
| 100 BRL | 1,584.5349 SOV | 200.2002 SOV | +87.36% |
| 1,000 BRL | 15,845.3493 SOV | 2,002.002002 SOV | +87.36% |