Convert BRL to SPONGE | Live SPONGE Calculator
BRL to SPONGE price chart
BRL to SPONGE 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 SPONGE
SPONGE price conversion tables
Brazilian Real | |
|---|---|
1 | 0.{5}7430 |
2 | 0.{4}1486 |
3 | 0.{4}2229 |
5 | 0.{4}3715 |
10 | 0.{4}7430 |
25 | 0.0001857 |
50 | 0.0003715 |
100 | 0.000743 |
1,000 | 0.00743 |
Brazilian Real | |
|---|---|
1 | 134,584.7018 |
5 | 672,923.5094 |
10 | 1,345,847.01891 |
20 | 2,691,694.03783 |
50 | 6,729,235.09457 |
100 | 13,458,470.1891 |
200 | 26,916,940.3783 |
500 | 67,292,350.9457 |
1,000 | 134,584,701.8915 |
Recent Conversions
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Brazilian Real to SPONGE performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 12:33 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 134,589.502 SPONGE | 128,040.9731 SPONGE | +4.86% |
| 5 BRL | 672,947.51 SPONGE | 640,204.8655 SPONGE | +4.86% |
| 10 BRL | 1,345,895.02018 SPONGE | 1,280,409.7311 SPONGE | +4.86% |
| 50 BRL | 6,729,475.1009 SPONGE | 6,402,048.6555 SPONGE | +4.86% |
| 100 BRL | 13,458,950.2018 SPONGE | 12,804,097.3111 SPONGE | +4.86% |
| 1,000 BRL | 134,589,502.01884 SPONGE | 128,040,973.1113 SPONGE | +4.86% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 12:33 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 134,589.502 SPONGE | 70,871.7221 SPONGE | +47.34% |
| 5 BRL | 672,947.51 SPONGE | 354,358.6109 SPONGE | +47.34% |
| 10 BRL | 1,345,895.02018 SPONGE | 708,717.2218 SPONGE | +47.34% |
| 50 BRL | 6,729,475.1009 SPONGE | 3,543,586.1091 SPONGE | +47.34% |
| 100 BRL | 13,458,950.2018 SPONGE | 7,087,172.2182 SPONGE | +47.34% |
| 1,000 BRL | 134,589,502.01884 SPONGE | 70,871,722.1828 SPONGE | +47.34% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 12:33 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 134,589.502 SPONGE | 39,745.6279 SPONGE | +70.46% |
| 5 BRL | 672,947.51 SPONGE | 198,728.1399 SPONGE | +70.46% |
| 10 BRL | 1,345,895.02018 SPONGE | 397,456.2798 SPONGE | +70.46% |
| 50 BRL | 6,729,475.1009 SPONGE | 1,987,281.399 SPONGE | +70.46% |
| 100 BRL | 13,458,950.2018 SPONGE | 3,974,562.798 SPONGE | +70.46% |
| 1,000 BRL | 134,589,502.01884 SPONGE | 39,745,627.9809 SPONGE | +70.46% |