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BRL to TIME price chart
BRL to Timeleap Finance 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 Timeleap Finance
Timeleap Finance price conversion tables
Brazilian Real | |
|---|---|
1 | 0.142 |
2 | 0.2841 |
3 | 0.4262 |
5 | 0.7104 |
10 | 1.4208 |
25 | 3.552 |
50 | 7.104 |
100 | 14.2081 |
1,000 | 142.08146 |
Brazilian Real | |
|---|---|
1 | 7.03821 |
5 | 35.191 |
10 | 70.3821 |
20 | 140.7643 |
50 | 351.9107 |
100 | 703.8215 |
200 | 1,407.6431 |
500 | 3,519.1077 |
1,000 | 7,038.2155 |
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Brazilian Real to Timeleap Finance performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 12:42 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 7.04225 TIME | 7.06214 TIME | -0.29% |
| 5 BRL | 35.2112 TIME | 35.3107 TIME | -0.29% |
| 10 BRL | 70.4225 TIME | 70.6214 TIME | -0.29% |
| 50 BRL | 352.1126 TIME | 353.1073 TIME | -0.29% |
| 100 BRL | 704.2253 TIME | 706.2146 TIME | -0.29% |
| 1,000 BRL | 7,042.2535 TIME | 7,062.1468 TIME | -0.29% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 12:42 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 7.04225 TIME | 6.7704 TIME | +3.85% |
| 5 BRL | 35.2112 TIME | 33.8524 TIME | +3.85% |
| 10 BRL | 70.4225 TIME | 67.7048 TIME | +3.85% |
| 50 BRL | 352.1126 TIME | 338.524 TIME | +3.85% |
| 100 BRL | 704.2253 TIME | 677.04807 TIME | +3.85% |
| 1,000 BRL | 7,042.2535 TIME | 6,770.4807 TIME | +3.85% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 12:42 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 7.04225 TIME | 6.3613 TIME | +9.66% |
| 5 BRL | 35.2112 TIME | 31.8066 TIME | +9.66% |
| 10 BRL | 70.4225 TIME | 63.6132 TIME | +9.66% |
| 50 BRL | 352.1126 TIME | 318.06615 TIME | +9.66% |
| 100 BRL | 704.2253 TIME | 636.1323 TIME | +9.66% |
| 1,000 BRL | 7,042.2535 TIME | 6,361.3231 TIME | +9.66% |