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BRL to SPDR price chart
BRL to Spiderswap 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 Spiderswap
Spiderswap price conversion tables
Brazilian Real | |
|---|---|
1 | 0.01138 |
2 | 0.02277 |
3 | 0.03416 |
5 | 0.05694 |
10 | 0.1138 |
25 | 0.2847 |
50 | 0.5694 |
100 | 1.1389 |
1,000 | 11.3896 |
Brazilian Real | |
|---|---|
1 | 87.7991 |
5 | 438.9955 |
10 | 877.991 |
20 | 1,755.982 |
50 | 4,389.9551 |
100 | 8,779.9102 |
200 | 17,559.8204 |
500 | 43,899.5511 |
1,000 | 87,799.1022 |
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Brazilian Real to Spiderswap performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 10:24 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 87.0322 SPDR | 86.6551 SPDR | +0.43% |
| 5 BRL | 435.161 SPDR | 433.2755 SPDR | +0.43% |
| 10 BRL | 870.322 SPDR | 866.5511 SPDR | +0.43% |
| 50 BRL | 4,351.61 SPDR | 4,332.7556 SPDR | +0.43% |
| 100 BRL | 8,703.2201 SPDR | 8,665.5112 SPDR | +0.43% |
| 1,000 BRL | 87,032.2019 SPDR | 86,655.1126 SPDR | +0.43% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 10:24 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 87.0322 SPDR | 71.1743 SPDR | +18.22% |
| 5 BRL | 435.161 SPDR | 355.8718 SPDR | +18.22% |
| 10 BRL | 870.322 SPDR | 711.7437 SPDR | +18.22% |
| 50 BRL | 4,351.61 SPDR | 3,558.7188 SPDR | +18.22% |
| 100 BRL | 8,703.2201 SPDR | 7,117.4377 SPDR | +18.22% |
| 1,000 BRL | 87,032.2019 SPDR | 71,174.3772 SPDR | +18.22% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 10:24 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 87.0322 SPDR | 18.9501 SPDR | +78.22% |
| 5 BRL | 435.161 SPDR | 94.7508 SPDR | +78.22% |
| 10 BRL | 870.322 SPDR | 189.5016 SPDR | +78.22% |
| 50 BRL | 4,351.61 SPDR | 947.508 SPDR | +78.22% |
| 100 BRL | 8,703.2201 SPDR | 1,895.0161 SPDR | +78.22% |
| 1,000 BRL | 87,032.2019 SPDR | 18,950.161 SPDR | +78.22% |