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WAX to Cambodian Riel Converter and calculator

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Convert 1WAX (WAXP) to Cambodian Riel (BRL) equals R$ 0.1173 | Bitget
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Last updated as of 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 WAX(WAXP) to Cambodian Riel(BRL). This is the real-time data. The current conversion shows 1 WAXP at a value of 1 WAXP for 0.12 BRL . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

BRL information

About Cambodian Riel (KHR)

The Cambodian Riel (KHR), introduced in 1980, is not just Cambodia's official currency; it is a symbol of the nation's tumultuous history and its journey towards economic resurgence. It is commonly abbreviated as KHR and represented by the symbol ៛.

Historical Background

The introduction of the Riel marked a significant step in Cambodia's recovery from years of conflict, including the devastating Khmer Rouge regime. The currency was reintroduced to foster a sense of normalcy and economic stability in a nation striving to rebuild itself.

Design and Symbolism

The design of the Cambodian Riel is a vibrant tapestry of the country's cultural and natural heritage. Banknotes feature images of ancient Khmer architecture, like the famed Angkor Wat, alongside portraits of King Norodom Sihanouk and other significant figures. These designs serve not only as a medium for financial transactions but also as a reminder of Cambodia's rich history and resilience.

Economic Role

The Riel plays a crucial role in Cambodia’s predominantly agrarian economy, complemented by the garment industry, tourism, and recently, a growing service sector. While the US Dollar is also widely used, the Riel remains important for local transactions, particularly in rural areas, and symbolizes national sovereignty.

Monetary Policy and Inflation

Managed by the National Bank of Cambodia, the Riel has faced challenges like inflation and currency stability. The central bank’s monetary policies aim to stabilize the Riel, which is crucial for encouraging investment and maintaining the economic confidence of both the populace and international investors.

International Trade and the Cambodian Riel

The Riel’s value is significant in international trade, particularly for Cambodia's exports like textiles, rice, and rubber. A stable Riel is important for maintaining competitive export prices and attracting foreign investment.

Remittances and the Economy

Remittances from Cambodians working abroad, especially in Thailand and South Korea, are a vital source of income for many families and contribute significantly to the national economy. These funds, converted into Riels, support household economies and contribute to the country's financial stability.

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

WAXP to BRL conversion rate trend

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In the past 1D, WAX has changed -0.32% to BRL. Based on the trend and price charts, WAX(WAXP) has changed -0.32% to BRL while Cambodian Riel(BRL) has changed % to WAXP in the last 24 hours.

WAXP to BRL market statistics

WAXP/BRL:
R$ 0.1173
WAXP 24h volume:
R$ 33,523,029.94
WAXP market cap:
R$ 511,903,075.43
WAXP circulating supply:
4.37B WAXP

Current WAXP to BRL exchange rate

WAX to Cambodian Riel is rising this week.
WAX's current market price is R$ 0.1173 per WAXP, with a total market cap of R$ 511,903,075.43 BRL based on a circulating supply of 4,365,453,000 WAXP. The trading volume of WAX has changed by +4.49% (R$ 1,441,334.34 BRL) in the last 24 hours. Last trading day, WAXP's trading volume was R$ 32,081,695.6.

WAXP to BRL Conversion tables

The exchange rate of WAX is decreasing.
1 WAXP is currently valued at R$ 0.1173 BRL , which means buying 5 WAXP will cost R$ 0.5863 BRL . Similarly, R$1 BRL can be traded for 8.53 WAXP, and R$50 BRL can be converted to 426.39 WAXP, excluding any platform or gas fees.
The exchange rate of 1 WAXP to Cambodian Riel has changed by +8.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.32%, reaching a high of 0.1215 BRL and a low of 0.1167 BRL . One month ago, the value of 1 WAXP was R$ 0.1385 BRL , which represents a -15.35% change from its current value. Over the last year, WAX has changed by
-R$
0.2729BRL
, resulting in a change of -69.94% in its value.

WAXP to BRL

Amount
00:27 am today
0.5 WAXP
R$0.05863
1 WAXP
R$0.1173
5 WAXP
R$0.5863
10 WAXP
R$1.17
50 WAXP
R$5.86
100 WAXP
R$11.73
500 WAXP
R$58.63
1000 WAXP
R$117.26

BRL to WAXP

Amount00:27 am today
0.5BRL4.26  WAXP
1BRL8.53  WAXP
5BRL42.64  WAXP
10BRL85.28  WAXP
50BRL426.39  WAXP
100BRL852.79  WAXP
500BRL4,263.94  WAXP
1000BRL8,527.89  WAXP
Buy WAXP now

WAXP to BRL Today vs. 24 hours ago

Amount00:27 am today24 hours ago24h change
0.5 WAXPR$0.05863R$0.05882
-0.32%
1 WAXPR$0.1173R$0.1176
-0.32%
5 WAXPR$0.5863R$0.5882
-0.32%
10 WAXPR$1.17R$1.18
-0.32%
50 WAXPR$5.86R$5.88
-0.32%
100 WAXPR$11.73R$11.76
-0.32%
500 WAXPR$58.63R$58.82
-0.32%
1000 WAXPR$117.26R$117.63
-0.32%

WAXP to BRL Today vs. 1 month ago

Amount00:27 am today1 month ago1M change
0.5 WAXPR$0.05863R$0.06927
-15.35%
1 WAXPR$0.1173R$0.1385
-15.35%
5 WAXPR$0.5863R$0.6927
-15.35%
10 WAXPR$1.17R$1.39
-15.35%
50 WAXPR$5.86R$6.93
-15.35%
100 WAXPR$11.73R$13.85
-15.35%
500 WAXPR$58.63R$69.27
-15.35%
1000 WAXPR$117.26R$138.53
-15.35%

WAXP to BRL Today vs. 1 year ago

Amount00:27 am today1 year ago1Y change
0.5 WAXPR$0.05863R$0.1951
-69.94%
1 WAXPR$0.1173R$0.3901
-69.94%
5 WAXPR$0.5863R$1.95
-69.94%
10 WAXPR$1.17R$3.9
-69.94%
50 WAXPR$5.86R$19.51
-69.94%
100 WAXPR$11.73R$39.01
-69.94%
500 WAXPR$58.63R$195.07
-69.94%
1000 WAXPR$117.26R$390.14
-69.94%

How to convert WAXP to BRL

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

Bitget P2P trading does not currently support direct buying of WAXP with BRL. However, you can buy USDT in Bitget P2P trading first, and then buy WAXP with USDT via Bitget spot market.
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Sell WAXP (or USDT) for BRL (Brazilian Real) offers

Bitget P2P trading currently does not support direct selling of WAXP to BRL. However, you can first exchange WAXP 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
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What factors influence the conversion rate of WAXP to BRL?

There are many factors that affect the relationship between WAX and Brazilian Real, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of WAXP/BRL. When there is positive news in the market about the widespread adoption of WAXP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of WAXP/BRL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in WAXP/BRL.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of WAXP/BRL. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of WAX and adjust their investment strategies accordingly in the evolving market.

WAX price prediction

What will the price of WAXP be in 2026?

Based on WAXP's historical price performance prediction model, the price of WAXP is projected to reach $0.02613 in 2026.

What will the price of WAXP be in 2031?

In 2031, the WAXP price is expected to change by +6.00%. By the end of 2031, the WAXP price is projected to reach $0.03330, with a cumulative ROI of +63.23%.

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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 WAX 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 WAX 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 WAX 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.