Convert 1 Brazilian Real (BRL) to Latvian Lats (LVL)
Exchange rates used for currency conversion updated on 21st February 2020 ( 21/02/2020 )
Below you will find the latest exchange rate for exchanging Brazilian Real (BRL) to Latvian Lats (LVL) , a table containing most common conversions and a chart with the pair's evolution.
The Brazilian Real (BRL) to Latvian Lats (LVL) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The Brazilian real is symbolized with the R$ sign. Each real, plural reais, is divided into 100 centavos. The Central Bank of Brazil focuses on price stability with monetary policy and uses the USD as their reserve currency.
The BRL is available in banknotes valued at R$2, R$5, R$10, R$20, R$50, R$100 and coins valued at 5, 10, 25, 50 centavos, R$1. Both the R$1 banknote and 1 centavo coin were discontinued in 2006, though both remain in use as legal tender.
About Latvian Lats (LVL)
The Latvian official currency is the lats. Lats are each subdivided into santimi and there are commemorative coins distributed by the Bank of Latvia as well. The Lats is the fourth most valuable currency form in the world coming in behind only the Kuwaiti dinar, the Bahraini dinar and the Omani rial. The lats was reintroduced as the country’s official currency in 1993 after being replaced by the rublis for a short period of time. The Lats is currently under consideration to be replaced completely by the euro sometime in the near future.