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BRL to STEP price chart
BRL to Step® 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 Step®
Step® price conversion tables
Brazilian Real | |
|---|---|
1 | 0.0005169 |
2 | 0.001033 |
3 | 0.00155 |
5 | 0.002584 |
10 | 0.005169 |
25 | 0.01292 |
50 | 0.02584 |
100 | 0.05169 |
1,000 | 0.5169 |
Brazilian Real | |
|---|---|
1 | 1,934.5669 |
5 | 9,672.8348 |
10 | 19,345.6697 |
20 | 38,691.3394 |
50 | 96,728.3485 |
100 | 193,456.6971 |
200 | 386,913.3942 |
500 | 967,283.4855 |
1,000 | 1,934,566.971 |
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Brazilian Real to Step® performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 2:04 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 1,934.6101 STEP | 1,937.2336 STEP | -0.14% |
| 5 BRL | 9,673.05088 STEP | 9,686.1681 STEP | -0.14% |
| 10 BRL | 19,346.1017 STEP | 19,372.3363 STEP | -0.14% |
| 50 BRL | 96,730.5088 STEP | 96,861.6815 STEP | -0.14% |
| 100 BRL | 193,461.0176 STEP | 193,723.363 STEP | -0.14% |
| 1,000 BRL | 1,934,610.176 STEP | 1,937,233.6303 STEP | -0.14% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 2:04 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 1,934.6101 STEP | 1,764.9135 STEP | +8.77% |
| 5 BRL | 9,673.05088 STEP | 8,824.5675 STEP | +8.77% |
| 10 BRL | 19,346.1017 STEP | 17,649.1351 STEP | +8.77% |
| 50 BRL | 96,730.5088 STEP | 88,245.6759 STEP | +8.77% |
| 100 BRL | 193,461.0176 STEP | 176,491.3519 STEP | +8.77% |
| 1,000 BRL | 1,934,610.176 STEP | 1,764,913.5192 STEP | +8.77% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 2:04 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 1,934.6101 STEP | 946.9696 STEP | +51.05% |
| 5 BRL | 9,673.05088 STEP | 4,734.8484 STEP | +51.05% |
| 10 BRL | 19,346.1017 STEP | 9,469.6969 STEP | +51.05% |
| 50 BRL | 96,730.5088 STEP | 47,348.4848 STEP | +51.05% |
| 100 BRL | 193,461.0176 STEP | 94,696.9696 STEP | +51.05% |
| 1,000 BRL | 1,934,610.176 STEP | 946,969.6969 STEP | +51.05% |