MLG to BRL Converter and calculator


Conversion rates
Convert MLG to BRL
Convert BRL to MLG
MLG to BRL chart
MLG to BRL conversion data: Volatility and price changes of MLG DOGE in BRL
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{6}3317 BRL | 0.{6}3333 BRL | 0.{6}3767 BRL | 0.{5}4590 BRL |
Low | 0.{6}3163 BRL | 0.{6}2954 BRL | 0.{6}2248 BRL | 0.{7}9945 BRL |
Average | 0 BRL | 0 BRL | 0 BRL | 0 BRL |
Volatility | % | % | % | % |
Change | -4.64% | +9.88% | -2.58% | +7.16% |
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MLG DOGE information
MLG to BRL market statistics
Current MLG to BRL exchange rate
MLG DOGE to Brazilian Real is rising this week.More info about MLG DOGE 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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MLG to BRL Conversion tables
Amount | 16:59 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MLG | R$0.{6}1581 | R$0.{6}1658 | -4.64% |
1 MLG | R$0.{6}3163 | R$0.{6}3317 | -4.64% |
5 MLG | R$0.{5}1581 | R$0.{5}1658 | -4.64% |
10 MLG | R$0.{5}3163 | R$0.{5}3317 | -4.64% |
50 MLG | R$0.{4}1581 | R$0.{4}1658 | -4.64% |
100 MLG | R$0.{4}3163 | R$0.{4}3317 | -4.64% |
500 MLG | R$0.0001581 | R$0.0001658 | -4.64% |
1000 MLG | R$0.0003163 | R$0.0003317 | -4.64% |
MLG to BRL FAQ
What factors influence the conversion rate of MLG to BRL?
Popular exchange rates — Crypto-to-Fiat converter
The price of MLG DOGE in the US is $0.{7}5861 USD. Additionally, MLG DOGE’s price is €0.{7}5006 EUR in the eurozone, £0.{7}4321 GBP in the UK, C$0.{7}8093 CAD in Canada, ₹0.{5}5128 INR in India, ₨0.{4}1662 PKR in Pakistan, R$0.{6}3163 BRL in Brazil, and more.
The most popular MLG DOGE currency pair is the MLG to Brazilian Real(BRL). The price of 1 MLG DOGE (MLG) in Brazilian Real (BRL) is R$0.{6}3163.
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