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BRL to SQUAD price chart
BRL to SquadSwap 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 SquadSwap
SquadSwap price conversion tables
Brazilian Real | |
|---|---|
1 | 0.1169 |
2 | 0.2338 |
3 | 0.3507 |
5 | 0.5846 |
10 | 1.1692 |
25 | 2.9231 |
50 | 5.8462 |
100 | 11.6924 |
1,000 | 116.924 |
Brazilian Real | |
|---|---|
1 | 8.5525 |
5 | 42.7627 |
10 | 85.5255 |
20 | 171.05116 |
50 | 427.6279 |
100 | 855.2558 |
200 | 1,710.5116 |
500 | 4,276.2792 |
1,000 | 8,552.5584 |
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Brazilian Real to SquadSwap performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 4:25 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 8.5543 SQUAD | 8.5034 SQUAD | +0.59% |
| 5 BRL | 42.7715 SQUAD | 42.517 SQUAD | +0.59% |
| 10 BRL | 85.5431 SQUAD | 85.03401 SQUAD | +0.59% |
| 50 BRL | 427.7159 SQUAD | 425.17 SQUAD | +0.59% |
| 100 BRL | 855.4319 SQUAD | 850.3401 SQUAD | +0.59% |
| 1,000 BRL | 8,554.3199 SQUAD | 8,503.4013 SQUAD | +0.59% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 4:25 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 8.5543 SQUAD | 8.7032 SQUAD | -1.75% |
| 5 BRL | 42.7715 SQUAD | 43.5161 SQUAD | -1.75% |
| 10 BRL | 85.5431 SQUAD | 87.0322 SQUAD | -1.75% |
| 50 BRL | 427.7159 SQUAD | 435.161 SQUAD | -1.75% |
| 100 BRL | 855.4319 SQUAD | 870.322 SQUAD | -1.75% |
| 1,000 BRL | 8,554.3199 SQUAD | 8,703.2201 SQUAD | -1.75% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 4:25 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 8.5543 SQUAD | 2.8417 SQUAD | +66.78% |
| 5 BRL | 42.7715 SQUAD | 14.2085 SQUAD | +66.78% |
| 10 BRL | 85.5431 SQUAD | 28.4171 SQUAD | +66.78% |
| 50 BRL | 427.7159 SQUAD | 142.08581 SQUAD | +66.78% |
| 100 BRL | 855.4319 SQUAD | 284.1716 SQUAD | +66.78% |
| 1,000 BRL | 8,554.3199 SQUAD | 2,841.7163 SQUAD | +66.78% |