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$MICHI to BRL Converter and calculator

$MICHI/BRL: 1 $MICHI = 0.1595 BRL. The price of converting 1 michi (SOL) ($MICHI) to Brazilian Real (BRL) is 0.1595 BRL today.
$MICHI
$MICHI
BRL
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides $MICHI to BRL real-time exchange rates, making it easy to convert michi (SOL) ($MICHI) to Brazilian Real (BRL). The conversion result is based on real-time data. The conversion result shows that 1 $MICHI is currently valued at 0.16 BRL. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 $MICHI is currently valued at 0.16 BRL, which means buying 5 $MICHI would cost 0.80 BRL. Similarly, R$1 BRL can be converted to 6.27 $MICHI, and R$50 BRL can be converted to 31.35 $MICHI, excluding any platform or gas fees.

Convert $MICHI to BRL

Convert BRL to $MICHI

michi (SOL)
Brazilian Real
100 $MICHI
15.95  BRL
500 $MICHI
79.74  BRL
1000 $MICHI
159.49  BRL
5000 $MICHI
797.44  BRL
10000 $MICHI
1,594.89  BRL
In the table above, you'll find a comprehensive $MICHI to BRL converter that shows the value of michi (SOL) in Brazilian Real across commonly used conversion amounts. The list covers conversions from 1 $MICHI to BRL, all the way up to 10000 $MICHI, providing a clear view of their respective values.
Brazilian Real
michi (SOL)
200 BRL
1,254.01 $MICHI
500 BRL
3,135.02 $MICHI
1000 BRL
6,270.04 $MICHI
2000 BRL
12,540.08 $MICHI
5000 BRL
31,350.19 $MICHI
10000 BRL
62,700.38 $MICHI
50000 BRL
313,501.88 $MICHI
100000 BRL
627,003.76 $MICHI
In the table above, you'll find a comprehensive BRL to $MICHI converter that shows the value of Brazilian Real in michi (SOL) across commonly used conversion amounts. The list covers conversions from 1 BRL to $MICHI, all the way up to 100000 BRL, providing a clear view of their respective values.

$MICHI to BRL chart

$MICHI/BRL: 1 $MICHI = 0.1595 BRL; 2025/05/06 07:03:42
In the past 1D, michi (SOL) has changed -3.26% to BRL. Based on the trend and price charts, michi (SOL)($MICHI) has changed -3.26% to BRL while Brazilian Real(BRL) has changed % to $MICHI in the last 24 hours.
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$MICHI to BRL conversion data: Volatility and price changes of michi (SOL) in BRL

The highest michi (SOL) price in BRL over the past 7 days was 0.2278 BRL while the lowest michi (SOL) price in BRL over the past 7 days was 0.1492 BRL. The relative change between the highs and lows in michi (SOL) price in BRL over the last 7 days indicates a volatility of %. You can view additional volatility data and $MICHI to BRL prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.1771 BRL
0.2278 BRL
0.2620 BRL
0.3213 BRL
Low
0.1568 BRL
0.1492 BRL
0.07600 BRL
0.07600 BRL
Average
0 BRL
0 BRL
0 BRL
0 BRL
Volatility
%
%
%
%
Change
-3.26%
-28.09%
+54.60%
-22.67%

michi (SOL) information

$MICHI to BRL market statistics

$MICHI/BRL:
R$0.1595
$MICHI 24h volume:
R$19,851,438.08
$MICHI market cap:
R$88,638,219.1
$MICHI circulating supply:
555.76M $MICHI

Current $MICHI to BRL exchange rate

michi (SOL) to Brazilian Real is falling this week.
michi (SOL)'s current market price is R$0.1595 per $MICHI, with a total market cap of R$88,638,219.1 BRL based on a circulating supply of 555,764,900 $MICHI. The trading volume of michi (SOL) has changed by +7.83% (R$1,442,351.9 BRL) in the last 24 hours. Last trading day, $MICHI's trading volume was R$18,409,086.18.

More info about michi (SOL) on Bitget

Brazilian Real 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.

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

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How to convert $MICHI to BRL

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$MICHI to BRL Conversion tables

The exchange rate of michi (SOL) is increasing.
The exchange rate of 1 $MICHI to Brazilian Real has changed by -28.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.26%, reaching a high of 0.1771 BRL and a low of 0.1568 BRL . One month ago, the value of 1 $MICHI was R$0.1032 BRL , which represents a +54.60% change from its current value. Over the last year, michi (SOL) has changed by
-R$
1.24BRL
, resulting in a change of -88.61% in its value.
24 hours ago1 month ago1 year ago
Amount07:03 am today24 hours ago24h change
0.5 $MICHIR$0.07974R$0.08243
-3.26%
1 $MICHIR$0.1595R$0.1649
-3.26%
5 $MICHIR$0.7974R$0.8243
-3.26%
10 $MICHIR$1.59R$1.65
-3.26%
50 $MICHIR$7.97R$8.24
-3.26%
100 $MICHIR$15.95R$16.49
-3.26%
500 $MICHIR$79.74R$82.43
-3.26%
1000 $MICHIR$159.49R$164.87
-3.26%

$MICHI to BRL FAQ

How much is 1 michi (SOL) in BRL?
Right now, the price of 1 michi (SOL) ($MICHI) in Brazilian Real (BRL) is R$0.1595.
How much $MICHI can I buy for 1 BRL?
Based on the current exchange rate, you can get 6.27 $MICHI for 1 BRL.
How do I calculate or convert $MICHI to BRL?
You can use our $MICHI to BRL calculator at the top of this page to convert any amount of $MICHI to BRL. We've also included quick-reference tables for the most popular conversions. For example, 5 BRL is equivalent to 31.35 $MICHI, while 5 $MICHI will cost around 0.7974BRL.
What is the highest price of $MICHI/BRL in history?
The all-time high price of 1 $MICHI in BRL is R$3.39. It remains to be seen if the value of 1 $MICHI/BRL will exceed the current all-time high.
What is the price trend of michi (SOL) in BRL?
Over the past 7 days, the exchange rate of michi (SOL) ($MICHI) has gone down by 28.09%.   Over the last month, the exchange rate of michi (SOL) ($MICHI) has gone up by 54.60% against Brazilian Real (BRL).

What factors influence the conversion rate of $MICHI to BRL?

There are many factors that affect the relationship between michi (SOL) 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 $MICHI/BRL. When there is positive news in the market about the widespread adoption of $MICHI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of $MICHI/BRL. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in $MICHI/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.
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 $MICHI/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 michi (SOL) and adjust their investment strategies accordingly in the evolving market.

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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.