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BRL to SNX price chart
BRL to Synthetix 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 Synthetix
Synthetix price conversion tables
Brazilian Real | |
|---|---|
1 | 0.8945 |
2 | 1.789 |
3 | 2.6836 |
5 | 4.4727 |
10 | 8.9454 |
25 | 22.3636 |
50 | 44.7273 |
100 | 89.4546 |
1,000 | 894.5462 |
Brazilian Real | |
|---|---|
1 | 1.1178 |
5 | 5.5894 |
10 | 11.1788 |
20 | 22.3577 |
50 | 55.8942 |
100 | 111.7885 |
200 | 223.577 |
500 | 558.9425 |
1,000 | 1,117.8851 |
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Brazilian Real to Synthetix performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 10:36 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 1.1124 SNX | 1.07816 SNX | +3.08% |
| 5 BRL | 5.5623 SNX | 5.3908 SNX | +3.08% |
| 10 BRL | 11.1247 SNX | 10.7816 SNX | +3.08% |
| 50 BRL | 55.6235 SNX | 53.9083 SNX | +3.08% |
| 100 BRL | 111.247 SNX | 107.8167 SNX | +3.08% |
| 1,000 BRL | 1,112.4707 SNX | 1,078.1671 SNX | +3.08% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 10:36 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 1.1124 SNX | 0.7874 SNX | +29.22% |
| 5 BRL | 5.5623 SNX | 3.937 SNX | +29.22% |
| 10 BRL | 11.1247 SNX | 7.874 SNX | +29.22% |
| 50 BRL | 55.6235 SNX | 39.37 SNX | +29.22% |
| 100 BRL | 111.247 SNX | 78.7401 SNX | +29.22% |
| 1,000 BRL | 1,112.4707 SNX | 787.4015 SNX | +29.22% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 10:36 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 1.1124 SNX | 0.2057 SNX | +81.50% |
| 5 BRL | 5.5623 SNX | 1.0288 SNX | +81.50% |
| 10 BRL | 11.1247 SNX | 2.05761 SNX | +81.50% |
| 50 BRL | 55.6235 SNX | 10.288 SNX | +81.50% |
| 100 BRL | 111.247 SNX | 20.5761 SNX | +81.50% |
| 1,000 BRL | 1,112.4707 SNX | 205.7613 SNX | +81.50% |