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base info Minu

Minu to Brazilian Real Converter and calculator

Convert 1Minu (MINU) to Brazilian Real (BRL) equals R$ 0.{5}1952 | Bitget

BRL 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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Bitget crypto-to-fiat exchange data shows that the most popular Minu currency pair is the MINU to BRL, with for Minu's currency code being MINU. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BRL.

MINU to BRL conversion rate trend

1D7D1M3M1YAll
In the past 1D, Minu has changed +0.33% to BRL. Based on the trend and price charts, Minu(MINU) has changed +0.33% to BRL while Brazilian Real(BRL) has changed % to MINU in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
R$0.{5}1952
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/04/16 20:36:03(UTC+0)

What factors influence the conversion rate of Minu to Brazilian Real?

Minu to Brazilian Real is falling this week.
Minu's current market price is R$ 0.{5}1952 per MINU, with a total market cap of R$ 11,612,564.01 BRL based on a circulating supply of 5,948,277,000,000 MINU. The trading volume of Minu has changed by -10.79% (R$ -2,251,376.87 BRL) in the last 24 hours. Last trading day, MINU's trading volume was R$ 20,862,501.7.
Market cap
$2.20M
24h volume
$3.53M
Circulating supply
5.95T MINU

Conversion tables

The exchange rate of Minu is decreasing.
1 MINU is currently valued at R$ 0.{5}1952 BRL , which means buying 5 MINU will cost R$ 0.{5}9761 BRL . Similarly, R$1 BRL can be traded for 512,227.67 MINU, and R$50 BRL can be converted to 25,611,383.68 MINU, excluding any platform or gas fees.
The exchange rate of 1 MINU to Brazilian Real has changed by -13.99% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.33%, reaching a high of 0.{5}2204 BRL and a low of 0.{5}1876 BRL . One month ago, the value of 1 MINU was R$ 0.{5}2493 BRL , which represents a -21.39% change from its current value. Over the last year, Minu has changed by
+R$
0.{6}4058BRL
, resulting in a change of --% in its value.

MINU to BRL

Amount
20:36 today
0.5 MINU
R$0.{6}9761
1 MINU
R$0.{5}1952
5 MINU
R$0.{5}9761
10 MINU
R$0.{4}1952
50 MINU
R$0.{4}9761
100 MINU
R$0.0001952
500 MINU
R$0.0009761
1000 MINU
R$0.001952

BRL to MINU

Amount20:36 today
0.5BRL256,113.84  MINU
1BRL512,227.67  MINU
5BRL2,561,138.37  MINU
10BRL5,122,276.74  MINU
50BRL25,611,383.68  MINU
100BRL51,222,767.37  MINU
500BRL256,113,836.84  MINU
1000BRL512,227,673.68  MINU
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Today vs. 24 hours ago

Amount20:36 today24 hours ago24h change
0.5 MINU$0.{6}1853$0.{6}1846
+0.33%
1 MINU$0.{6}3705$0.{6}3693
+0.33%
5 MINU$0.{5}1853$0.{5}1846
+0.33%
10 MINU$0.{5}3705$0.{5}3693
+0.33%
50 MINU$0.{4}1853$0.{4}1846
+0.33%
100 MINU$0.{4}3705$0.{4}3693
+0.33%
500 MINU$0.0001853$0.0001846
+0.33%
1000 MINU$0.0003705$0.0003693
+0.33%

Today vs. 1 month ago

Amount20:36 today1 month ago1M change
0.5 MINU$0.{6}1853$0.{6}2366
-21.39%
1 MINU$0.{6}3705$0.{6}4731
-21.39%
5 MINU$0.{5}1853$0.{5}2366
-21.39%
10 MINU$0.{5}3705$0.{5}4731
-21.39%
50 MINU$0.{4}1853$0.{4}2366
-21.39%
100 MINU$0.{4}3705$0.{4}4731
-21.39%
500 MINU$0.0001853$0.0002366
-21.39%
1000 MINU$0.0003705$0.0004731
-21.39%

Today vs. 1 year ago

Amount20:36 today1 year ago1Y change
0.5 MINU$0.{6}1853$-0.{8}3244
--
1 MINU$0.{6}3705$-0.{8}6487
--
5 MINU$0.{5}1853$-0.{7}3244
--
10 MINU$0.{5}3705$-0.{7}6487
--
50 MINU$0.{4}1853$-0.{6}3244
--
100 MINU$0.{4}3705$-0.{6}6487
--
500 MINU$0.0001853$-0.{5}3244
--
1000 MINU$0.0003705$-0.{5}6487
--

FAQ

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