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Ravencoin to Brazilian Real Converter and calculator

Convert 1Ravencoin (RVN) to Brazilian Real (BRL) equals R$ 0.1609 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Ravencoin(RVN) to Brazilian Real(BRL). This is the real-time data. The current conversion shows 1 RVN at a value of 1 RVN for 0.16 BRL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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.

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Bitget crypto-to-fiat exchange data shows that the most popular Ravencoin currency pair is the RVN to BRL, with for Ravencoin's currency code being RVN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BRL.

RVN to BRL conversion rate trend

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In the past 1D, Ravencoin has changed +9.15% to BRL. Based on the trend and price charts, Ravencoin(RVN) has changed +9.15% to BRL while Brazilian Real(BRL) has changed % to RVN in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
R$0.1609
0.0001% / 0.0004%vip-iconVIP
Binance
R$0.1611
0.1000% / 0.1000%
Yes
OKX
R$0.1611
0.080% / 0.100%
Yes
Huobi
R$0.1610
0.1000% / 0.1000%
Yes
Gate.io
R$0.1611
0.1000% / 0.1000%
Yes
Bybit
R$0.1612
0.1000% / 0.1000%
Yes
KuCoin
R$0.1611
0.1000% / 0.1000%
Yes
Last updated 2024/05/20 21:00:14(UTC+0)

How to buy Ravencoin

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Buy Ravencoin (RVN)
Use a variety of payment options to buy Ravencoin on Bitget. We'll show you how.

What factors influence the conversion rate of Ravencoin to Brazilian Real?

Ravencoin to Brazilian Real is rising this week.
Ravencoin's current market price is R$ 0.1609 per RVN, with a total market cap of R$ 2,230,382,768.87 BRL based on a circulating supply of 13,861,323,000 RVN. The trading volume of Ravencoin has changed by +77.08% (R$ 74,781,234.4 BRL) in the last 24 hours. Last trading day, RVN's trading volume was R$ 97,011,395.73.
Market cap
$436.51M
24h volume
$33.62M
Circulating supply
13.86B RVN

Conversion tables

The exchange rate of Ravencoin is decreasing.
1 RVN is currently valued at R$ 0.1609 BRL , which means buying 5 RVN will cost R$ 0.8045 BRL . Similarly, R$1 BRL can be traded for 6.21 RVN, and R$50 BRL can be converted to 310.74 RVN, excluding any platform or gas fees.
The exchange rate of 1 RVN to Brazilian Real has changed by +11.45% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.15%, reaching a high of 0.1616 BRL and a low of 0.1447 BRL . One month ago, the value of 1 RVN was R$ 0.1698 BRL , which represents a -5.23% change from its current value. Over the last year, Ravencoin has changed by
+R$
0.04999BRL
, resulting in a change of +45.22% in its value.

RVN to BRL

Amount
21:08 today
0.5 RVN
R$0.08045
1 RVN
R$0.1609
5 RVN
R$0.8045
10 RVN
R$1.61
50 RVN
R$8.05
100 RVN
R$16.09
500 RVN
R$80.45
1000 RVN
R$160.91

BRL to RVN

Amount21:08 today
0.5BRL3.11  RVN
1BRL6.21  RVN
5BRL31.07  RVN
10BRL62.15  RVN
50BRL310.74  RVN
100BRL621.48  RVN
500BRL3,107.39  RVN
1000BRL6,214.77  RVN
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Today vs. 24 hours ago

Amount21:08 today24 hours ago24h change
0.5 RVN$0.01575$0.01443
+9.15%
1 RVN$0.03149$0.02886
+9.15%
5 RVN$0.1575$0.1443
+9.15%
10 RVN$0.3149$0.2886
+9.15%
50 RVN$1.57$1.44
+9.15%
100 RVN$3.15$2.89
+9.15%
500 RVN$15.75$14.43
+9.15%
1000 RVN$31.49$28.86
+9.15%

Today vs. 1 month ago

Amount21:08 today1 month ago1M change
0.5 RVN$0.01575$0.01661
-5.23%
1 RVN$0.03149$0.03322
-5.23%
5 RVN$0.1575$0.1661
-5.23%
10 RVN$0.3149$0.3322
-5.23%
50 RVN$1.57$1.66
-5.23%
100 RVN$3.15$3.32
-5.23%
500 RVN$15.75$16.61
-5.23%
1000 RVN$31.49$33.22
-5.23%
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Today vs. 1 year ago

Amount21:08 today1 year ago1Y change
0.5 RVN$0.01575$0.01085
+45.22%
1 RVN$0.03149$0.02171
+45.22%
5 RVN$0.1575$0.1085
+45.22%
10 RVN$0.3149$0.2171
+45.22%
50 RVN$1.57$1.09
+45.22%
100 RVN$3.15$2.17
+45.22%
500 RVN$15.75$10.85
+45.22%
1000 RVN$31.49$21.71
+45.22%

Ravencoin price prediction

What will the price of RVN be in 2025?

Based on RVN's historical price performance prediction model, the price of RVN is projected to reach $0.03328 in 2025.

What will the price of RVN be in 2030?

In 2030, the RVN price is expected to rise by +7.00%. By the end of 2030, the RVN price is projected to reach $0.04122, with a cumulative ROI of +30.91%.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.