Convert Brazilian Real to Chinese Yuan
Please provide values below to convert Brazilian Real [BRL] to Chinese Yuan [CNY], or Convert Chinese Yuan to Brazilian Real.
How to Convert Brazilian Real to Chinese Yuan
1 BRL = 0.776007471528736 CNY
Example: convert 15 BRL to CNY:
15 BRL = 15 × 0.776007471528736 CNY = 11.640112072931 CNY
Brazilian Real to Chinese Yuan Conversion Table
| Brazilian Real | Chinese Yuan |
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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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).