Convert BRL to STEEM | Live Steem Calculator
BRL to STEEM price chart
BRL to Steem 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 Steem
Steem price conversion tables
Brazilian Real | |
|---|---|
1 | 0.2696 |
2 | 0.5392 |
3 | 0.8089 |
5 | 1.3482 |
10 | 2.6964 |
25 | 6.741 |
50 | 13.4821 |
100 | 26.9642 |
1000 | 269.6424 |
Brazilian Real | |
|---|---|
1 | 3.7086 |
5 | 18.543 |
10 | 37.08614 |
20 | 74.1722 |
50 | 185.4307 |
100 | 370.8614 |
200 | 741.7229 |
500 | 1854.3073 |
1000 | 3708.6146 |
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Brazilian Real to Steem performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 4:11 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 3.7285 STEEM | 3.6886 STEEM | +1.06% |
| 5 BRL | 18.6428 STEEM | 18.4433 STEEM | +1.06% |
| 10 BRL | 37.2856 STEEM | 36.8867 STEEM | +1.06% |
| 50 BRL | 186.428 STEEM | 184.4337 STEEM | +1.06% |
| 100 BRL | 372.856 STEEM | 368.8675 STEEM | +1.06% |
| 1000 BRL | 3728.5607 STEEM | 3688.6757 STEEM | +1.06% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 4:11 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 3.7285 STEEM | 3.4059 STEEM | +8.65% |
| 5 BRL | 18.6428 STEEM | 17.02997 STEEM | +8.65% |
| 10 BRL | 37.2856 STEEM | 34.05994 STEEM | +8.65% |
| 50 BRL | 186.428 STEEM | 170.2997 STEEM | +8.65% |
| 100 BRL | 372.856 STEEM | 340.5994 STEEM | +8.65% |
| 1000 BRL | 3728.5607 STEEM | 3405.9945 STEEM | +8.65% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 4:11 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 3.7285 STEEM | 1.2635 STEEM | +66.11% |
| 5 BRL | 18.6428 STEEM | 6.3179 STEEM | +66.11% |
| 10 BRL | 37.2856 STEEM | 12.6358 STEEM | +66.11% |
| 50 BRL | 186.428 STEEM | 63.1791 STEEM | +66.11% |
| 100 BRL | 372.856 STEEM | 126.3583 STEEM | +66.11% |
| 1000 BRL | 3728.5607 STEEM | 1263.5835 STEEM | +66.11% |