Convert Brazilian Real to Hong Kong Dollar
Please provide values below to convert Brazilian Real [BRL] to Hong Kong Dollar [HKD], or Convert Hong Kong Dollar to Brazilian Real.
How to Convert Brazilian Real to Hong Kong Dollar
1 BRL = 0.709190043058422 HKD
Example: convert 15 BRL to HKD:
15 BRL = 15 × 0.709190043058422 HKD = 10.6378506458763 HKD
Brazilian Real to Hong Kong Dollar Conversion Table
| Brazilian Real | Hong Kong Dollar |
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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.
Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.