Convert 550 Brazilian Real (BRL) to Australian Dollar (AUD)
Exchange rates used for currency conversion updated on April 19th 2024 ( 04/19/2024 )
Below you will find the latest exchange rates for exchanging Brazilian Real (BRL) to Australian Dollar (AUD) , a table containing most common conversions and a chart with the pair's evolution.
The Brazilian Real (BRL) to Australian Dollar (AUD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Brazilian Real and Australian Dollar on 04/19/2024 is 1 BRL = 0.2984 AUD - AVERAGE intraday quotes were used for this currency conversion.
The Brazilian real is symbolized with the R$ sign. Each real, plural reais, is divided into 100 centavos. The Central Bank of Brazil focuses on price stability with monetary policy and uses the USD as their reserve currency.
The BRL is available in banknotes valued at R$2, R$5, R$10, R$20, R$50, R$100 and coins valued at 5, 10, 25, 50 centavos, R$1. Both the R$1 banknote and 1 centavo coin were discontinued in 2006, though both remain in use as legal tender.
About Australian Dollar (AUD)
The Australian dollar (AUD) is the official currency of the Commonwealth of Australia as well as 7 territories and 3 surrounding countries. The AUD is symbolized with the "$" symbol and each dollar is subdivided into 100 cents. The coins are issued in 5¢, 10¢, 20¢, 50¢ , $1, $2 increments and the banknotes are printed in $5, $10, $20, $50, $100 denominations. The AUD is the fifth most traded currency in worldwide currency markets.
Unique attributes of the AUD are that the banknotes are printed on polymer as opposed to paper which is the traditional stock for currency banknotes. This polymer is more durable and allows for more advance security features than does its paper counterpart. The AUD banknotes are also printed in different lengths in order to make denomination differentiation easier.
