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base info Merlin Chain

Merlin Chain to Brazilian Real Converter and calculator

Convert 1Merlin Chain (MERL) to Brazilian Real (BRL) equals R$ 1.66 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Merlin Chain(MERL) to Brazilian Real(BRL). This is the real-time data. The current conversion shows 1 MERL at a value of 1 MERL for 1.66 BRL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

BRL information

About the Brazilian Real (BRL)

What Is the Brazilian Real (BRL)?

The Brazilian Real (BRL), symbolized as R$ and denoted by the ISO code BRL, is the official currency of Brazil. The term "real" in Portuguese means both "royal" and "real." The Brazilian Real is the sole legal tender in Brazil, used across this vast country, which is the largest in both South America and the Latin American region. It facilitates all forms of financial transactions within the nation, from everyday purchases to large-scale business dealings.

The Brazilian Real is issued and regulated by the Central Bank of Brazil (Banco Central do Brasil), which is the primary monetary authority in the country. Established on December 31, 1964, the Central Bank is responsible for ensuring the stability of the currency's purchasing power and the soundness of the national financial system.

What Is the History of BRL?

The modern Brazilian Real was introduced on July 1, 1994, during the presidency of Itamar Franco. This was part of the Plano Real, a substantial plan to stabilize the Brazilian economy. The currency replaced the cruzeiro real at a rate of 1 real = 2,750 cruzeiro real. Initially, the real was pegged to the U.S. dollar, which helped stabilize its value. However, in 1999, following the Russian debt default and ensuing global financial crisis, Brazil was forced to partially float the real against the U.S. dollar.

Notes and Coins of BRL

Brazilian coins are minted in denominations of 5, 10, 25, 50 centavos, and 1 Real. The banknotes, issued by the Central Bank of Brazil, come in denominations of 2, 5, 10, 20, 50, 100, and 200 Reals. These notes feature various security enhancements and are designed to aid the visually impaired.

Brazil has issued several commemorative coins and banknotes, including a 10 Real note for the 500th anniversary of Portuguese arrival and a 1 Real coin for the 2016 Summer Olympics.

What Is the Relationship Between BRL and USD?

The relationship between the Brazilian Real (BRL) and the United States Dollar (USD) is a significant aspect of international finance, particularly in the context of exchange rates and trade. Initially, upon its introduction in 1994, the Real was pegged to the U.S. dollar, establishing a fixed exchange rate to stabilize Brazil's then-volatile economy. This peg was part of Brazil's broader strategy to control hyperinflation and foster economic stability.

However, in 1999, Brazil shifted to a floating exchange rate system due to external economic pressures, notably the Russian debt crisis. Since then, the Real's value against the Dollar has been subject to market forces, including Brazil's economic performance, inflation rates, political stability, and global financial market trends. The USD/BRL exchange rate is a crucial indicator for both countries, influencing trade balances, investment flows, and economic policies.

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Bitget crypto-to-fiat exchange data shows that the most popular Merlin Chain currency pair is the MERL to BRL, with for Merlin Chain's currency code being MERL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BRL.

MERL to BRL conversion rate trend

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In the past 1D, Merlin Chain has changed +1.32% to BRL. Based on the trend and price charts, Merlin Chain(MERL) has changed +1.32% to BRL while Brazilian Real(BRL) has changed % to MERL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
R$1.64
0.0200% / 0.0320%vip-iconVIP 7
OKX
R$1.63
0.080% / 0.100%
Yes
Huobi
R$1.63
0.1000% / 0.1000%
Yes
Gate.io
R$1.63
0.1000% / 0.1000%
Yes
Bybit
R$1.64
0.1000% / 0.1000%
Yes
KuCoin
R$1.64
0.1000% / 0.1000%
Yes
Last updated 2024/11/16 00:00:23(UTC+0)

How to buy Merlin Chain

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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Merlin Chain (MERL)
Use a variety of payment options to buy Merlin Chain on Bitget. We'll show you how.

Buy MERL (or USDT) for BRL (Brazilian Real) offers

Bitget P2P trading does not currently support direct buying of MERL with BRL. However, you can buy USDT in Bitget P2P trading first, and then buy MERL with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell MERL (or USDT) for BRL (Brazilian Real) offers

Bitget P2P trading currently does not support direct selling of MERL to BRL. However, you can first exchange MERL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of Merlin Chain to Brazilian Real?

Merlin Chain to Brazilian Real is rising this week.
Merlin Chain's current market price is R$ 1.66 per MERL, with a total market cap of R$ 870,754,063.91 BRL based on a circulating supply of 525,000,000 MERL. The trading volume of Merlin Chain has changed by -22.36% (R$ -50,740,771.83 BRL) in the last 24 hours. Last trading day, MERL's trading volume was R$ 226,968,146.35.
Market cap
$150.21M
24h volume
$30.40M
Circulating supply
525.00M MERL

Conversion tables

The exchange rate of Merlin Chain is increasing.
1 MERL is currently valued at R$ 1.66 BRL , which means buying 5 MERL will cost R$ 8.29 BRL . Similarly, R$1 BRL can be traded for 0.6029 MERL, and R$50 BRL can be converted to 30.15 MERL, excluding any platform or gas fees.
The exchange rate of 1 MERL to Brazilian Real has changed by +1.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.32%, reaching a high of 1.68 BRL and a low of 1.55 BRL . One month ago, the value of 1 MERL was R$ 1.6 BRL , which represents a +3.42% change from its current value. Over the last year, Merlin Chain has changed by
+R$
1.66BRL
, resulting in a change of -26.77% in its value.

MERL to BRL

Amount
04:22 am today
0.5 MERL
R$0.8293
1 MERL
R$1.66
5 MERL
R$8.29
10 MERL
R$16.59
50 MERL
R$82.93
100 MERL
R$165.86
500 MERL
R$829.29
1000 MERL
R$1,658.58

BRL to MERL

Amount04:22 am today
0.5BRL0.3015  MERL
1BRL0.6029  MERL
5BRL3.01  MERL
10BRL6.03  MERL
50BRL30.15  MERL
100BRL60.29  MERL
500BRL301.46  MERL
1000BRL602.93  MERL

Today vs. 24 hours ago

Amount04:22 am today24 hours ago24h change
0.5 MERL$0.1431$0.1412
+1.32%
1 MERL$0.2861$0.2824
+1.32%
5 MERL$1.43$1.41
+1.32%
10 MERL$2.86$2.82
+1.32%
50 MERL$14.31$14.12
+1.32%
100 MERL$28.61$28.24
+1.32%
500 MERL$143.06$141.18
+1.32%
1000 MERL$286.11$282.37
+1.32%

Today vs. 1 month ago

Amount04:22 am today1 month ago1M change
0.5 MERL$0.1431$0.1383
+3.42%
1 MERL$0.2861$0.2766
+3.42%
5 MERL$1.43$1.38
+3.42%
10 MERL$2.86$2.77
+3.42%
50 MERL$14.31$13.83
+3.42%
100 MERL$28.61$27.66
+3.42%
500 MERL$143.06$138.31
+3.42%
1000 MERL$286.11$276.62
+3.42%

Today vs. 1 year ago

Amount04:22 am today1 year ago1Y change
0.5 MERL$0.1431$-0.0004797
-26.77%
1 MERL$0.2861$-0.0009595
-26.77%
5 MERL$1.43$-0.004797
-26.77%
10 MERL$2.86$-0.009595
-26.77%
50 MERL$14.31$-0.04797
-26.77%
100 MERL$28.61$-0.09595
-26.77%
500 MERL$143.06$-0.4797
-26.77%
1000 MERL$286.11$-0.9595
-26.77%

Merlin Chain price prediction

What will the price of MERL be in 2025?

Based on MERL's historical price performance prediction model, the price of MERL is projected to reach $0.4813 in 2025.

What will the price of MERL be in 2030?

In 2030, the MERL price is expected to change by -12.00%. By the end of 2030, the MERL price is projected to reach $0.7967, with a cumulative ROI of +175.71%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Merlin Chain and BRL.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Merlin Chain and BRL. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Merlin Chain in BRL, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.