Convert Brazilian Real to Philippine Peso
Please provide values below to convert Brazilian Real [BRL] to Philippine Peso [PHP], or Convert Philippine Peso to Brazilian Real.
How to Convert Brazilian Real to Philippine Peso
1 BRL = 0.0977656329301767 PHP
Example: convert 15 BRL to PHP:
15 BRL = 15 × 0.0977656329301767 PHP = 1.46648449395265 PHP
Brazilian Real to Philippine Peso Conversion Table
| Brazilian Real | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.