MIHARU to BRL Converter and calculator
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Conversion rates
Convert MIHARU to BRL
Convert BRL to MIHARU
MIHARU to BRL chart
MIHARU to BRL conversion data: Volatility and price changes of Smiling Dolphin(miharucto.com) in BRL
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.002103 BRL | 0.002103 BRL | 0.002311 BRL | 0.003957 BRL |
Low | 0.001846 BRL | 0.001734 BRL | 0.001733 BRL | 0.001462 BRL |
Average | 0 BRL | 0 BRL | 0 BRL | 0 BRL |
Volatility | % | % | % | % |
Change | +13.94% | +13.22% | +21.35% | -22.06% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Smiling Dolphin(miharucto.com) information
MIHARU to BRL market statistics
Current MIHARU to BRL exchange rate
Smiling Dolphin(miharucto.com) to Brazilian Real is rising this week.More info about Smiling Dolphin(miharucto.com) on Bitget
Brazilian Real information
About the Brazilian Real (BRL)
What Is the Brazilian Real (BRL)?
The Brazilian Real (BRL), symbolized as R$ and denoted by the ISO code BRL, is the official currency of Brazil. The term "real" in Portuguese means both "royal" and "real." The Brazilian Real is the sole legal tender in Brazil, used across this vast country, which is the largest in both South America and the Latin American region. It facilitates all forms of financial transactions within the nation, from everyday purchases to large-scale business dealings.
The Brazilian Real is issued and regulated by the Central Bank of Brazil (Banco Central do Brasil), which is the primary monetary authority in the country. Established on December 31, 1964, the Central Bank is responsible for ensuring the stability of the currency's purchasing power and the soundness of the national financial system.
What Is the History of BRL?
The modern Brazilian Real was introduced on July 1, 1994, during the presidency of Itamar Franco. This was part of the Plano Real, a substantial plan to stabilize the Brazilian economy. The currency replaced the cruzeiro real at a rate of 1 real = 2,750 cruzeiro real. Initially, the real was pegged to the U.S. dollar, which helped stabilize its value. However, in 1999, following the Russian debt default and ensuing global financial crisis, Brazil was forced to partially float the real against the U.S. dollar.
Notes and Coins of BRL
Brazilian coins are minted in denominations of 5, 10, 25, 50 centavos, and 1 Real. The banknotes, issued by the Central Bank of Brazil, come in denominations of 2, 5, 10, 20, 50, 100, and 200 Reals. These notes feature various security enhancements and are designed to aid the visually impaired.
Brazil has issued several commemorative coins and banknotes, including a 10 Real note for the 500th anniversary of Portuguese arrival and a 1 Real coin for the 2016 Summer Olympics.
What Is the Relationship Between BRL and USD?
The relationship between the Brazilian Real (BRL) and the United States Dollar (USD) is a significant aspect of international finance, particularly in the context of exchange rates and trade. Initially, upon its introduction in 1994, the Real was pegged to the U.S. dollar, establishing a fixed exchange rate to stabilize Brazil's then-volatile economy. This peg was part of Brazil's broader strategy to control hyperinflation and foster economic stability.
However, in 1999, Brazil shifted to a floating exchange rate system due to external economic pressures, notably the Russian debt crisis. Since then, the Real's value against the Dollar has been subject to market forces, including Brazil's economic performance, inflation rates, political stability, and global financial market trends. The USD/BRL exchange rate is a crucial indicator for both countries, influencing trade balances, investment flows, and economic policies.
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MIHARU to BRL Conversion tables
Amount | 14:52 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MIHARU | R$0.001064 | R$0.0009350 | +13.94% |
1 MIHARU | R$0.002127 | R$0.001870 | +13.94% |
5 MIHARU | R$0.01064 | R$0.009350 | +13.94% |
10 MIHARU | R$0.02127 | R$0.01870 | +13.94% |
50 MIHARU | R$0.1064 | R$0.09350 | +13.94% |
100 MIHARU | R$0.2127 | R$0.1870 | +13.94% |
500 MIHARU | R$1.06 | R$0.9350 | +13.94% |
1000 MIHARU | R$2.13 | R$1.87 | +13.94% |
MIHARU to BRL FAQ
What factors influence the conversion rate of MIHARU to BRL?
Popular exchange rates — Crypto-to-Fiat converter
The price of Smiling Dolphin(miharucto.com) in the US is $0.0003913 USD. Additionally, Smiling Dolphin(miharucto.com)’s price is €0.0003359 EUR in the eurozone, £0.0002908 GBP in the UK, C$0.0005382 CAD in Canada, ₹0.03432 INR in India, ₨0.1109 PKR in Pakistan, R$0.002127 BRL in Brazil, and more.
The most popular Smiling Dolphin(miharucto.com) currency pair is the MIHARU to Brazilian Real(BRL). The price of 1 Smiling Dolphin(miharucto.com) (MIHARU) in Brazilian Real (BRL) is R$0.002127.
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