Date Wizard Logo

Want to calculate dates? Try Date Wizard!

Currency.Wiki
Updated 2 minutes ago
 BRL =
    TRY
 Brazilian Real =  Turkish Lira
Trending: R$ exchange rates for the last 24 hours

BRL/TRY exchange rate analysis over the past 90 days

Brazilian Real to Turkish Lira exchange rate: Over the last 90 days, the Brazilian Real weakened by -3.63% against the Turkish Lira, declining from TL6.0128 to TL5.8020 per Brazilian Real. This trend reflects the evolving economic dynamics between the Brazil and the Turkey. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Brazil and Turkey.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Brazil and Turkey.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Brazil or Turkey.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Brazil relative to the Turkey.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

R$

Brazilian Real Currency

Country: Brazil

Symbol: R$

ISO Code: BRL

Bank: Central Bank of Brazil

Interesting fact about Brazilian Real

The Brazilian Real (BRL) is the official currency of Brazil. It was first introduced in 1994 to replace the Brazilian Cruzeiro. The Real plays a significant role in Brazil's economy as it helps facilitate trade and commerce within the country. It is subject to fluctuations in foreign exchange markets and affects the purchasing power of Brazilians.

TL

Turkish Lira Currency

Country: Turkey

Symbol: TL

ISO Code: TRY

Bank: Central Bank of the Republic of Turkey

Interesting fact about Turkish Lira

The Turkish Lira (TRY) is the official currency of Turkey. It was first introduced in 1923 during the establishment of the modern Turkish Republic. Over the years, the Lira has faced periods of high inflation and numerous currency reforms. Today, it is a significant symbol of Turkey's economy and has a crucial role in trade, commerce, and daily transactions within the country.

Quick Conversion Guide

Frequently Asked Questions

+
The Brazilian Real to Turkish Lira exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
+
Today conversion rate from 1 BRL to TRY is TL5.8.
+
Yes, our site provides historical charts that show the trends and fluctuations in the Brazilian Real to Turkish Lira exchange rate over different time periods.
+
While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
+
The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.