Convert Canadian Dollar to Brazilian Real
Please provide values below to convert Canadian Dollar [CAD] to Brazilian Real [BRL], or Convert Brazilian Real to Canadian Dollar.
How to Convert Canadian Dollar to Brazilian Real
1 CAD = 0.244745823603377 BRL
Example: convert 15 CAD to BRL:
15 CAD = 15 × 0.244745823603377 BRL = 3.67118735405066 BRL
Canadian Dollar to Brazilian Real Conversion Table
Canadian Dollar | Brazilian Real |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.