SHRIMP to BRL Converter and calculator


Conversion rates
Convert SHRIMP to BRL
Convert BRL to SHRIMP
SHRIMP to BRL chart
SHRIMP to BRL conversion data: Volatility and price changes of Shrimp Paste in BRL
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0004363 BRL | 0.0004581 BRL | 0.0004581 BRL | 0.0004937 BRL |
Low | 0.0003498 BRL | 0.0003133 BRL | 0.0002195 BRL | 0.0001958 BRL |
Average | 0 BRL | 0 BRL | 0 BRL | 0 BRL |
Volatility | % | % | % | % |
Change | -7.87% | +8.52% | +59.64% | -18.27% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Shrimp Paste information
SHRIMP to BRL market statistics
Current SHRIMP to BRL exchange rate
Shrimp Paste to Brazilian Real is rising this week.More info about Shrimp Paste 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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SHRIMP to BRL Conversion tables
Amount | 23:18 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SHRIMP | R$0.0001876 | R$0.0002035 | -7.87% |
1 SHRIMP | R$0.0003751 | R$0.0004070 | -7.87% |
5 SHRIMP | R$0.001876 | R$0.002035 | -7.87% |
10 SHRIMP | R$0.003751 | R$0.004070 | -7.87% |
50 SHRIMP | R$0.01876 | R$0.02035 | -7.87% |
100 SHRIMP | R$0.03751 | R$0.04070 | -7.87% |
500 SHRIMP | R$0.1876 | R$0.2035 | -7.87% |
1000 SHRIMP | R$0.3751 | R$0.4070 | -7.87% |
SHRIMP to BRL FAQ
What factors influence the conversion rate of SHRIMP to BRL?
Popular exchange rates — Crypto-to-Fiat converter
The price of Shrimp Paste in the US is $0.{4}6934 USD. Additionally, Shrimp Paste’s price is €0.{4}5951 EUR in the eurozone, £0.{4}5125 GBP in the UK, C$0.{4}9580 CAD in Canada, ₹0.006080 INR in India, ₨0.01964 PKR in Pakistan, R$0.0003751 BRL in Brazil, and more.
The most popular Shrimp Paste currency pair is the SHRIMP to Brazilian Real(BRL). The price of 1 Shrimp Paste (SHRIMP) in Brazilian Real (BRL) is R$0.0003751.
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