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 | 0.08757 |
2 | 0.1751 |
3 | 0.2627 |
5 | 0.4378 |
10 | 0.8757 |
25 | 2.1893 |
50 | 4.3786 |
100 | 8.7572 |
1,000 | 87.5724 |
Brazilian Real | |
|---|---|
1 | 11.4191 |
5 | 57.09559 |
10 | 114.1911 |
20 | 228.3823 |
50 | 570.9559 |
100 | 1,141.9119 |
200 | 2,283.8238 |
500 | 5,709.5595 |
1,000 | 11,419.119 |
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Brazilian Real to Sovryn performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 2:12 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 11.4194 SOV | 10.4832 SOV | +8.19% |
| 5 BRL | 57.09717 SOV | 52.4163 SOV | +8.19% |
| 10 BRL | 114.1943 SOV | 104.8327 SOV | +8.19% |
| 50 BRL | 570.9717 SOV | 524.1639 SOV | +8.19% |
| 100 BRL | 1,141.9435 SOV | 1,048.3279 SOV | +8.19% |
| 1,000 BRL | 11,419.4358 SOV | 10,483.2791 SOV | +8.19% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 2:12 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 11.4194 SOV | 8.285 SOV | +27.44% |
| 5 BRL | 57.09717 SOV | 41.425 SOV | +27.44% |
| 10 BRL | 114.1943 SOV | 82.85 SOV | +27.44% |
| 50 BRL | 570.9717 SOV | 414.2502 SOV | +27.44% |
| 100 BRL | 1,141.9435 SOV | 828.5004 SOV | +27.44% |
| 1,000 BRL | 11,419.4358 SOV | 8,285.004142 SOV | +27.44% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 2:12 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 11.4194 SOV | 1.2706 SOV | +88.87% |
| 5 BRL | 57.09717 SOV | 6.3532 SOV | +88.87% |
| 10 BRL | 114.1943 SOV | 12.7064 SOV | +88.87% |
| 50 BRL | 570.9717 SOV | 63.5324 SOV | +88.87% |
| 100 BRL | 1,141.9435 SOV | 127.0648 SOV | +88.87% |
| 1,000 BRL | 11,419.4358 SOV | 1,270.648 SOV | +88.87% |