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base info Optimism

Optimism to Brazilian Real Converter and calculator

Convert 1Optimism (OP) to Brazilian Real (BRL) equals R$ 19.09 | Bitget
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Optimism(OP) to Brazilian Real(BRL). This is the real-time data. The current conversion shows 1 OP at a value of 1 OP for 19.09 BRL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Optimism currency pair is the OP to BRL, with for Optimism's currency code being OP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BRL.

OP to BRL conversion rate trend

In the past 1D, Optimism has changed +2.29% to BRL. Based on the trend and price charts, Optimism(OP) has changed +2.29% to BRL while Brazilian Real(BRL) has changed % to OP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
Coinbase Exchange
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/03/02 05:00:28(UTC+0)

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

Optimism to Brazilian Real is rising this week.
Optimism's current market price is R$ 19.09 per OP, with a total market cap of R$ 19,210,458,641.07 BRL based on a circulating supply of 1,006,141,600 OP. The trading volume of Optimism has changed by -12.23% (R$ -175,848,042.67 BRL) in the last 24 hours. Last trading day, OP's trading volume was R$ 1,437,359,860.32.
Market cap
24h volume
Circulating supply
1.01B OP

Conversion tables

The exchange rate of Optimism is increasing.
1 OP is currently valued at R$ 19.09 BRL , which means buying 5 OP will cost R$ 95.47 BRL . Similarly, R$1 BRL can be traded for 0.05237 OP, and R$50 BRL can be converted to 2.62 OP, excluding any platform or gas fees.
The exchange rate of 1 OP to Brazilian Real has changed by +9.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.29%, reaching a high of 19.31 BRL and a low of 18.46 BRL . One month ago, the value of 1 OP was R$ 14.25 BRL , which represents a +33.98% change from its current value. Over the last year, Optimism has changed by
, resulting in a change of +52.04% in its value.


05:58 am today
0.5 OP
1 OP
5 OP
10 OP
50 OP
100 OP
500 OP
1000 OP


Amount05:58 am today
0.5BRL0.02619  OP
1BRL0.05237  OP
5BRL0.2619  OP
10BRL0.5237  OP
50BRL2.62  OP
100BRL5.24  OP
500BRL26.19  OP
1000BRL52.37  OP

Today vs. 24 hours ago

Amount05:58 am today24 hours ago24h change
0.5 OP$1.93$1.88
1 OP$3.85$3.77
5 OP$19.27$18.84
10 OP$38.54$37.67
50 OP$192.68$188.36
100 OP$385.36$376.72
500 OP$1,926.78$1,883.6
1000 OP$3,853.55$3,767.2

Today vs. 1 month ago

Amount05:58 am today1 month ago1M change
0.5 OP$1.93$1.44
1 OP$3.85$2.88
5 OP$19.27$14.38
10 OP$38.54$28.76
50 OP$192.68$143.79
100 OP$385.36$287.58
500 OP$1,926.78$1,437.9
1000 OP$3,853.55$2,875.81

Today vs. 1 year ago

Amount05:58 am today1 year ago1Y change
0.5 OP$1.93$1.27
1 OP$3.85$2.53
5 OP$19.27$12.67
10 OP$38.54$25.34
50 OP$192.68$126.7
100 OP$385.36$253.39
500 OP$1,926.78$1,266.96
1000 OP$3,853.55$2,533.92

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.