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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 | 0.1214 |
2 | 0.2428 |
3 | 0.3642 |
5 | 0.607 |
10 | 1.214 |
25 | 3.03512 |
50 | 6.07024 |
100 | 12.1404 |
1,000 | 121.4048 |
Brazilian Real | |
|---|---|
1 | 8.2369 |
5 | 41.1845 |
10 | 82.369 |
20 | 164.7381 |
50 | 411.8453 |
100 | 823.6906 |
200 | 1,647.3812 |
500 | 4,118.453 |
1,000 | 8,236.906 |
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Brazilian Real to Timeleap Finance performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 7:47 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 8.2372 TIME | 9.08265 TIME | -10.27% |
| 5 BRL | 41.1861 TIME | 45.4132 TIME | -10.27% |
| 10 BRL | 82.3723 TIME | 90.8265 TIME | -10.27% |
| 50 BRL | 411.8616 TIME | 454.1326 TIME | -10.27% |
| 100 BRL | 823.7232 TIME | 908.2652 TIME | -10.27% |
| 1,000 BRL | 8,237.2322 TIME | 9,082.6521 TIME | -10.27% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 7:47 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 8.2372 TIME | 9.124 TIME | -10.77% |
| 5 BRL | 41.1861 TIME | 45.6204 TIME | -10.77% |
| 10 BRL | 82.3723 TIME | 91.2408 TIME | -10.77% |
| 50 BRL | 411.8616 TIME | 456.2043 TIME | -10.77% |
| 100 BRL | 823.7232 TIME | 912.4087 TIME | -10.77% |
| 1,000 BRL | 8,237.2322 TIME | 9,124.08759 TIME | -10.77% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 7:47 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 8.2372 TIME | 5.7471 TIME | +30.22% |
| 5 BRL | 41.1861 TIME | 28.7356 TIME | +30.22% |
| 10 BRL | 82.3723 TIME | 57.4712 TIME | +30.22% |
| 50 BRL | 411.8616 TIME | 287.3563 TIME | +30.22% |
| 100 BRL | 823.7232 TIME | 574.7126 TIME | +30.22% |
| 1,000 BRL | 8,237.2322 TIME | 5,747.1264 TIME | +30.22% |