Convert 590 Swiss Franc (CHF) to Brazilian Real (BRL)
Exchange rates used for currency conversion updated on May 17th 2024 ( 05/17/2024 )
Below you will find the latest exchange rates for exchanging Swiss Franc (CHF) to Brazilian Real (BRL) , a table containing most common conversions and a chart with the pair's evolution.
The Swiss Franc (CHF) to Brazilian Real (BRL) 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 online and offline.
The currency exchange rate, calculated between Swiss Franc and Brazilian Real on 05/17/2024 is 1 CHF = 5.6556 BRL - AVERAGE intraday quotes were used for this currency conversion.
CHF represents the Swiss franc in international currency markets where it is the sixth most traded currency and it remains the fifth largest world reserve currency. The CHF is under the monetary policy directives of the Swiss National Bank which has an interpreted mandate of price stability. Once thought of as a safe haven currency the CHF experienced a de facto devaluation in 2011 as the worldwide rush toward safety threatened the underlying Swiss economy.
About Brazilian Real (BRL)
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.
