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BRL to WKEYDAO price chart
BRL to WebKey DAO 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 WebKey DAO
WebKey DAO price conversion tables
Brazilian Real | |
|---|---|
1 | 1.7312 |
2 | 3.4625 |
3 | 5.1938 |
5 | 8.6564 |
10 | 17.3129 |
25 | 43.2822 |
50 | 86.5645 |
100 | 173.1291 |
1,000 | 1,731.291 |
Brazilian Real | |
|---|---|
1 | 0.5776 |
5 | 2.888 |
10 | 5.776 |
20 | 11.552 |
50 | 28.8801 |
100 | 57.7603 |
200 | 115.5207 |
500 | 288.8018 |
1,000 | 577.6036 |
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Brazilian Real to WebKey DAO performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 10:06 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 0.5813 WKEYDAO | 0.578 WKEYDAO | +0.57% |
| 5 BRL | 2.9069 WKEYDAO | 2.8901 WKEYDAO | +0.57% |
| 10 BRL | 5.8139 WKEYDAO | 5.7803 WKEYDAO | +0.57% |
| 50 BRL | 29.06976 WKEYDAO | 28.9017 WKEYDAO | +0.57% |
| 100 BRL | 58.1395 WKEYDAO | 57.8034 WKEYDAO | +0.57% |
| 1,000 BRL | 581.3953 WKEYDAO | 578.03468 WKEYDAO | +0.57% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 10:06 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 0.5813 WKEYDAO | 0.5025 WKEYDAO | +13.56% |
| 5 BRL | 2.9069 WKEYDAO | 2.5125 WKEYDAO | +13.56% |
| 10 BRL | 5.8139 WKEYDAO | 5.02512 WKEYDAO | +13.56% |
| 50 BRL | 29.06976 WKEYDAO | 25.1256 WKEYDAO | +13.56% |
| 100 BRL | 58.1395 WKEYDAO | 50.2512 WKEYDAO | +13.56% |
| 1,000 BRL | 581.3953 WKEYDAO | 502.5125 WKEYDAO | +13.56% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 10:06 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 0.5813 WKEYDAO | 0.0115 WKEYDAO | +98.02% |
| 5 BRL | 2.9069 WKEYDAO | 0.05752 WKEYDAO | +98.02% |
| 10 BRL | 5.8139 WKEYDAO | 0.115 WKEYDAO | +98.02% |
| 50 BRL | 29.06976 WKEYDAO | 0.5752 WKEYDAO | +98.02% |
| 100 BRL | 58.1395 WKEYDAO | 1.1504 WKEYDAO | +98.02% |
| 1,000 BRL | 581.3953 WKEYDAO | 11.5048 WKEYDAO | +98.02% |