Exchange rates used for currency conversion updated on May 01st 2024 ( 05/01/2024 )
Below you will find the latest exchange rates for exchanging Euro (EUR) to Brazilian Real (BRL) , a table containing most common conversions and a chart with the pair's evolution.
The Euro (EUR) 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 Euro and Brazilian Real on 05/01/2024 is 1 EUR = 5.5369 BRL - AVERAGE intraday quotes were used for this currency conversion.
Governed by the Eurosystem, comprised of the European Central Bank and the central banks of each represented member state, the euro is a currency that reflects an aggregate of 17 of the 27 European Union member states. It is the second most used world reserve currency, involved in over 20% of traded currency pairs, used by over 500 million people worldwide, the largest worldwide currency in circulation, and its member states represent 14.6% of world GDP.
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.
