![base info Victoria VR](https://img.bitgetimg.com/multiLang/coinPriceLogo/c8f7597883ecfe8ac4406b0d4f0897d41710349603492.png)
![VR](https://img.bitgetimg.com/multiLang/coinPriceLogo/c8f7597883ecfe8ac4406b0d4f0897d41710349603492.png)
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.
VR to BRL conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
Bitget | R$0.04211 | 0.0200% / 0.0320% | |
Huobi | R$0.04216 | 0.1000% / 0.1000% | Yes |
Gate.io | R$0.04180 | 0.1000% / 0.1000% | Yes |
KuCoin | R$0.04209 | 0.1000% / 0.1000% | Yes |
How to buy Victoria VR
Buy VR (or USDT) for BRL (Brazilian Real) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
P Peloviski ![]() 21 trades|Completion rate 100.00% | 5.519 BRL | Amount2000 USDT Limit500 - 10000 BRL | ![]() | |
V VellumTech ![]() 87 trades|Completion rate 100.00% | 5.526 BRL | Amount2295.01 USDT Limit400 - 14000 BRL | ![]() | |
P P2P very fast ![]() ![]() 419 trades|Completion rate 99.00% | 5.528 BRL | Amount998.51 USDT Limit50 - 11000 BRL | ![]() | |
A Alex.p2p ![]() 247 trades|Completion rate 97.00% | 5.6 BRL | Amount346.43 USDT Limit50 - 2240 BRL | ![]() | |
n niresvicente ![]() 23 trades|Completion rate 96.00% | 5.61 BRL | Amount300 USDT Limit50 - 800 BRL | ![]() |
Sell VR (or USDT) for BRL (Brazilian Real) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
J Jgcristo97 ![]() 0 trades|Completion rate 0.00% | 5.5 BRL | Amount100 USDT Limit50 - 550 BRL | ![]() | |
A Alex.p2p ![]() 247 trades|Completion rate 97.00% | 5.456 BRL | Amount9786.9 USDT Limit100 - 2900 BRL | ![]() | |
P P2P very fast ![]() ![]() 419 trades|Completion rate 99.00% | 5.456 BRL | Amount8943.9 USDT Limit100 - 5550 BRL | ![]() | |
D Dr. Cripto ![]() 22 trades|Completion rate 92.00% | 5.453 BRL | Amount23314.78 USDT Limit500 - 150000 BRL | ![]() | |
n niresvicente ![]() 23 trades|Completion rate 96.00% | 5.442 BRL | Amount1176.69 USDT Limit50 - 2000 BRL | ![]() |
What factors influence the conversion rate of Victoria VR to Brazilian Real?
Victoria VR to Brazilian Real is falling this week.Conversion tables
The exchange rate of Victoria VR is decreasing.VR to BRL
BRL to VR
Today vs. 24 hours ago
Amount | 18:45 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 VR | $0.003708 | $0.003973 | -6.66% |
1 VR | $0.007416 | $0.007947 | -6.66% |
5 VR | $0.03708 | $0.03973 | -6.66% |
10 VR | $0.07416 | $0.07947 | -6.66% |
50 VR | $0.3708 | $0.3973 | -6.66% |
100 VR | $0.7416 | $0.7947 | -6.66% |
500 VR | $3.71 | $3.97 | -6.66% |
1000 VR | $7.42 | $7.95 | -6.66% |
Today vs. 1 month ago
Amount | 18:45 today | 1 month ago | 1M change |
---|---|---|---|
0.5 VR | $0.003708 | $0.006453 | -42.48% |
1 VR | $0.007416 | $0.01291 | -42.48% |
5 VR | $0.03708 | $0.06453 | -42.48% |
10 VR | $0.07416 | $0.1291 | -42.48% |
50 VR | $0.3708 | $0.6453 | -42.48% |
100 VR | $0.7416 | $1.29 | -42.48% |
500 VR | $3.71 | $6.45 | -42.48% |
1000 VR | $7.42 | $12.91 | -42.48% |
Today vs. 1 year ago
Amount | 18:45 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 VR | $0.003708 | $0.004232 | -12.35% |
1 VR | $0.007416 | $0.008463 | -12.35% |
5 VR | $0.03708 | $0.04232 | -12.35% |
10 VR | $0.07416 | $0.08463 | -12.35% |
50 VR | $0.3708 | $0.4232 | -12.35% |
100 VR | $0.7416 | $0.8463 | -12.35% |
500 VR | $3.71 | $4.23 | -12.35% |
1000 VR | $7.42 | $8.46 | -12.35% |
Victoria VR price prediction
What will the price of VR be in 2025?
What will the price of VR be in 2030?
Other crypto price predictions
![base info Bitcoin](https://img.bitgetimg.com/multiLang/coinPriceLogo/bb300aa3ae630239f4244fc4d937ee4b1710262866369.png)
![base info Ethereum](https://img.bitgetimg.com/multiLang/coinPriceLogo/c80d8b680719b494d850f5a2f9da68281710262897768.png)
![base info Celestia](https://img.bitgetimg.com/multiLang/coinPriceLogo/776f20b6dfebcc803194eb137ee769d41716052025141.png)
![base info Solana](https://img.bitgetimg.com/multiLang/coinPriceLogo/b8ea8a04cc438c6ad8268123cab8c7781710349373939.png)
![base info Worldcoin](https://img.bitgetimg.com/multiLang/coinPriceLogo/bf82df7184457a61bb336cf2513c08cc1710263256500.png)
![base info Bittensor](https://img.bitgetimg.com/multiLang/coinPriceLogo/431e995999aecbc58ab41fe3409a813d1710608934427.png)
![base info Dogecoin](https://img.bitgetimg.com/multiLang/web/ae64499c8825452f6262177ee6dd525b.png)
![base info PepeCoin](https://img.bitgetimg.com/multiLang/coinPriceLogo/4ec7d6b3f2affbdefc54cec1ece47e7a1710436337491.png)
![base info Pandora](https://img.bitgetimg.com/multiLang/coinPriceLogo/1013eb8e5329bc72711828078de5b7dc1707239416566.png)
![base info ORDI](https://img.bitgetimg.com/multiLang/coinPriceLogo/f603e00776a378e3ef82da4c229ba2bd1710436298611.png)
Convert popular cryptocurrencies
Bitget Earn
APR
Purchase other cryptocurrencies with similar market cap
Popular Victoria VR conversions
Popular cryptocurrencies to BRL
![other assets Bitcoin](https://img.bitgetimg.com/multiLang/coinPriceLogo/bb300aa3ae630239f4244fc4d937ee4b1710262866369.png)
![other assets Render](https://img.bitgetimg.com/multiLang/coinPriceLogo/a555b51f2e87222e4439c1821d58425c1702141525424.png)
![other assets Hooked Protocol](https://img.bitgetimg.com/multiLang/coinPriceLogo/f6e42a6d1033ae8ba8921e5a29464d011710263535719.png)
![other assets ether.fi](https://img.bitgetimg.com/multiLang/coinPriceLogo/9d43d9e402da993eab3b8c14bd4b3ab21710781950206.png)
![other assets Notcoin](https://img.bitgetimg.com/multiLang/coinPriceLogo/397d3687959a21d4e0d2c64f86a6d39b1715334738360.png)
![other assets Aevo](https://img.bitgetimg.com/multiLang/coinPriceLogo/2a1d7cb01ae04b51eb68e1b9db0f955f1710350116005.png)
![other assets Pepe](https://img.bitgetimg.com/multiLang/coinPriceLogo/57826f53f997e574993e918f975a02ae1716570827359.png)
![other assets Solana](https://img.bitgetimg.com/multiLang/coinPriceLogo/b8ea8a04cc438c6ad8268123cab8c7781710349373939.png)
![other assets Ethereum](https://img.bitgetimg.com/multiLang/coinPriceLogo/c80d8b680719b494d850f5a2f9da68281710262897768.png)
Discover more cryptocurrencies
Latest coin listings on Bitget
FAQ
Buy Victoria VR for 1 BRL
A welcome pack worth 1000 USDT for new Bitgetters!