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Brazil's currency, the Real (BRL), has been steadily losing value against the Indian Rupee (INR) over the past few years.
The exchange rate between BRL and INR is influenced by global economic trends, including inflation and interest rates.
In 2020, the BRL-INR exchange rate was around 70-80, but it has since fluctuated due to various market factors.
To give you a better idea, let's take a look at the current exchange rate.
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Conversion
Conversion is a breeze with the Brazilian Real to Indian Rupee exchange rate. The average exchange rate over the period of January 18, 2024 to January 17, 2025 was 15.445 Indian Rupees per Brazilian Real.
You can use our currency converter to get the current BRL to INR rate and see how it's changed over the past day, week, or month. Simply type in the box how much you want to convert, select BRL as the currency you want to convert from and INR as the currency you want to convert to.
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The exchange rate is currently 14.178 Indian Rupees per Brazilian Real, making the Brazilian Real stronger than the Indian Rupee.
Here's a handy conversion table to give you an idea of the exchange rate:
Keep in mind that the exchange rate can fluctuate, so it's always a good idea to check the current rate before making any conversions.
Latest Currency Info
The latest currency exchange rate between Brazilian Real and Indian Rupee is 1 BRL = 14.1777 INR as of January 19, 2025.
You can convert BRL to INR using a live currency converter, which is available on various online platforms.
The best BRL to INR exchange rate today is 14.178 INR, which is equivalent to exchanging 1 Brazilian Real for 14.178 Indian Rupees.
To get the most up-to-date exchange rate, make sure to check the conversion table and live charts, which are updated in real-time.
As of January 19, 2025, you can invert the currencies and convert INR to BRL using the same live currency rates.
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Understanding Rupee
The Brazilian Real (BRL) is the official currency of Brazil, and it's interesting to see how it converts to the Indian Rupee (INR). For instance, 1 BRL is equivalent to 14.264 INR, making it a strong currency in the Indian market.
If you're planning to travel to Brazil or do business there, you'll want to know the conversion rates. 5 BRL is equivalent to 71.32 INR, which can help you budget for your trip or calculate the value of your investments.
Here's a quick reference table to help you convert BRL to INR:
Conversely, if you're looking at INR to BRL conversions, 1 INR is equivalent to 0.0701 BRL, which can help you understand the value of your investments or savings in the Brazilian market.
What Is a Rupee
The rupee is the official currency of India, Nepal, and Sri Lanka, among other countries.
It's divided into 100 paise, which is the smallest unit of currency.
The Indian rupee is also known as the INR, or Indian National Rupee.
The rupee has undergone several changes in its design and security features over the years.
Understanding
Understanding exchange rates is crucial to understanding the value of the Rupee. Exchange rates are defined as the price that one country's currency can be exchanged for another country's currency.
These rates are impacted by two main factors: the domestic currency values and the foreign currency values. The domestic currency values refer to the value of the currency within its own country.
The exchange rate can fluctuate rapidly due to various factors. Some of the key reasons for this fluctuation include economic performance, interest rates, inflation rates, government debt, and capital flows.
The Brazilian Real, for example, is impacted by these factors as well. The Brazilian Real is the currency of Brazil, with a currency code of BRL and ISO code of "986".
Here are some of the key factors that affect exchange rates:
- The economic performance of a country
- Interest Rates
- Inflation Rates
- Government Debt
- Capital flows
- Political Stability
- Export and Import Activities
- Recession
- Speculation
- Special Considerations like various safe haven currencies
- Fluctuation in the global federal reserve currency, which is the U.S. dollar
Understanding these factors will give you a better grasp of how exchange rates work and how they can impact the value of the Rupee.
Importance of Rupee
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The rupee is a vital part of India's economy, and its importance cannot be overstated. It's the official currency of India, and its value affects the lives of millions of people.
The rupee is a store of value, allowing people to save and invest for the future. It's a medium of exchange, enabling people to buy and sell goods and services.
The rupee's value is determined by supply and demand in the foreign exchange market, which is influenced by factors like inflation, interest rates, and trade balances. This can impact the cost of imports and exports.
Having a stable rupee is crucial for economic growth, as it helps to maintain investor confidence and attract foreign investment. A stable rupee also reduces the risk of inflation and currency fluctuations.
The rupee's importance is also reflected in its use as a unit of account, where businesses and individuals price their goods and services in rupees. This helps to facilitate trade and commerce within the country.
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Travel and Money
Traveling abroad requires knowing the local currency and exchanging it smoothly. Many hotels, restaurants, and shops accept only their local currency and do not accept outside currencies.
It's essential to carry multiple modes of payment when traveling internationally, as some places may not accept digital payments. Consider using a debit or credit card for large transactions and carry some cash for local places.
The best BRL to INR exchange rate as of January 19, 2025, is 14.178 INR, meaning you'll receive 14.178 Indian Rupees for every Brazilian Real exchanged.
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Traveling Abroad
Traveling abroad can be a daunting experience, especially when it comes to handling money. Every country or economic zone operates with its own currency, so it's essential to gain this knowledge beforehand to exchange currency smoothly and correctly.
Many hotels, restaurants, and shops accept only their local currency and don't accept outside currencies, so it's crucial to be prepared.
Carrying large amounts of cash can be overwhelming, but using a debit or credit card can be a safer option. You can also opt for multicurrency travel cards or traveller's cheques to get your currency exchanged easily.
It's a good idea to spread out your options and not rely on a single mode of payment to avoid any shortages in case of emergencies.
When Is the Best Time?
The best time to convert your money depends on the currencies you're exchanging. The BRL and INR can be traded 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.
You can expect exchange rates to fluctuate by the minute while markets are open, making it a good idea to keep an eye on the rates. The period between 3-4 PM GMT is often a good time to convert Brazilian Reals to Indian Rupees because currency market liquidity and trading volume tend to be the highest during this time.
If you need Indian Rupees urgently, it's advisable to convert your Brazilian Reals early in the week. Executing a trade late in the week might result in a delayed settlement until the following week, as forex markets are closed on weekends.
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