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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance63.14%
New listings on Bitget: Pi Network
BTC/USDT$84100.00 (-0.33%)Fear and Greed Index29(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWSTotal spot Bitcoin ETF netflow +$76.4M (1D); -$630M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance63.14%
New listings on Bitget: Pi Network
BTC/USDT$84100.00 (-0.33%)Fear and Greed Index29(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWSTotal spot Bitcoin ETF netflow +$76.4M (1D); -$630M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
FXS
BYN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Frax Share(FXS) to Brazilian Real(BYN). This is the real-time data. The current conversion shows 1 FXS at a value of 1 FXS for 5.52 BYN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
BYN information
About the Brazilian Real (BRL)
What Is the Brazilian Real (BRL)?
The Brazilian Real (BRL), symbolized as R$ 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 Frax Share currency pair is the FXS to BYN, with for Frax Share's currency code being FXS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BYN.
FXS to BYN conversion rate trend
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In the past 1D, Frax Share has changed +1.33% to BYN. Based on the trend and price charts, Frax Share(FXS) has changed +1.33% to BYN while Brazilian Real(BYN) has changed % to FXS in the last 24 hours.
FXS to BYN market statistics
FXS/BYN:
Br 5.52
FXS 24h volume:
Br 46,805,683.85
FXS market cap:
Br 492,769,385.87
FXS circulating supply:
89.33M FXS
More info about Frax Share on Bitget
Current FXS to BYN exchange rate
Frax Share to Brazilian Real is falling this week.Frax Share's current market price is Br 5.52 per FXS, with a total market cap of Br 492,769,385.87 BYN based on a circulating supply of 89,331,640 FXS. The trading volume of Frax Share has changed by +55.93% (Br 16,787,666.34 BYN) in the last 24 hours. Last trading day, FXS's trading volume was Br 30,018,017.5.
FXS to BYN Conversion tables
The exchange rate of Frax Share is decreasing.1 FXS is currently valued at Br 5.52 BYN , which means buying 5 FXS will cost Br 27.58 BYN . Similarly, Br1 BYN can be traded for 0.1813 FXS, and Br50 BYN can be converted to 9.06 FXS, excluding any platform or gas fees.
The exchange rate of 1 FXS to Brazilian Real has changed by -3.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.33%, reaching a high of 5.69 BYN and a low of 5.4 BYN . One month ago, the value of 1 FXS was Br 6.4 BYN , which represents a -13.86% change from its current value. Over the last year, Frax Share has changed by , resulting in a change of -65.49% in its value.
-Br
10.42BYNFXS to BYN
Amount
18:37 today
0.5 FXS
Br2.76
1 FXS
Br5.52
5 FXS
Br27.58
10 FXS
Br55.16
50 FXS
Br275.81
100 FXS
Br551.62
500 FXS
Br2,758.09
1000 FXS
Br5,516.18
BYN to FXS
Amount18:37 today
0.5BYN0.09064 FXS
1BYN0.1813 FXS
5BYN0.9064 FXS
10BYN1.81 FXS
50BYN9.06 FXS
100BYN18.13 FXS
500BYN90.64 FXS
1000BYN181.28 FXS
FXS to BYN Today vs. 24 hours ago
| Amount | 18:37 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FXS | Br2.76 | Br2.72 | +1.33% |
| 1 FXS | Br5.52 | Br5.44 | +1.33% |
| 5 FXS | Br27.58 | Br27.22 | +1.33% |
| 10 FXS | Br55.16 | Br54.44 | +1.33% |
| 50 FXS | Br275.81 | Br272.21 | +1.33% |
| 100 FXS | Br551.62 | Br544.41 | +1.33% |
| 500 FXS | Br2,758.09 | Br2,722.07 | +1.33% |
| 1000 FXS | Br5,516.18 | Br5,444.13 | +1.33% |
FXS to BYN Today vs. 1 month ago
| Amount | 18:37 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FXS | Br2.76 | Br3.2 | -13.86% |
| 1 FXS | Br5.52 | Br6.4 | -13.86% |
| 5 FXS | Br27.58 | Br32 | -13.86% |
| 10 FXS | Br55.16 | Br64 | -13.86% |
| 50 FXS | Br275.81 | Br319.98 | -13.86% |
| 100 FXS | Br551.62 | Br639.96 | -13.86% |
| 500 FXS | Br2,758.09 | Br3,199.78 | -13.86% |
| 1000 FXS | Br5,516.18 | Br6,399.56 | -13.86% |
FXS to BYN Today vs. 1 year ago
| Amount | 18:37 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FXS | Br2.76 | Br7.97 | -65.49% |
| 1 FXS | Br5.52 | Br15.94 | -65.49% |
| 5 FXS | Br27.58 | Br79.68 | -65.49% |
| 10 FXS | Br55.16 | Br159.36 | -65.49% |
| 50 FXS | Br275.81 | Br796.79 | -65.49% |
| 100 FXS | Br551.62 | Br1,593.59 | -65.49% |
| 500 FXS | Br2,758.09 | Br7,967.94 | -65.49% |
| 1000 FXS | Br5,516.18 | Br15,935.87 | -65.49% |
How to convert FXS to BYN
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Convert FXS to BYN
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Learn moreBuy FXS (or USDT) for BYN (Belarusian Ruble) offers
Bitget P2P trading does not currently support direct buying of FXS with BYN. However, you can buy USDT in Bitget P2P trading first, and then buy FXS with USDT via Bitget spot market.
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Sell FXS (or USDT) for BYN (Belarusian Ruble) offers
Bitget P2P trading currently does not support direct selling of FXS to BYN. However, you can first exchange FXS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of FXS to BYN?
There are many factors that affect the relationship between Frax Share and Belarusian Ruble, 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 FXS/BYN. When there is positive news in the market about the widespread adoption of FXS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FXS/BYN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FXS/BYN.
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 FXS/BYN. 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 Frax Share and adjust their investment strategies accordingly in the evolving market.
Frax Share price prediction
What will the price of FXS be in 2026?
Based on FXS's historical price performance prediction model, the price of FXS is projected to reach $1.95 in 2026.
What will the price of FXS be in 2031?
In 2031, the FXS price is expected to change by +22.00%. By the end of 2031, the FXS price is projected to reach $4.79, with a cumulative ROI of +183.94%.
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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 Frax Share and BYN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Frax Share and BYN. 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 Frax Share in BYN, 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.
