Actions

::Brazilian real

::concepts

Brazil::reais    Currency::banknote    Series::central    Align::center    Blica::-----    Centavos::coins

{{#invoke:Hatnote|hatnote}} {{#invoke:redirect hatnote|redirect}} {{#invoke:redirect hatnote|redirect}} {{ safesubst:#invoke:Unsubst||$N=Use dmy dates |date=__DATE__ |$B= }} {{ safesubst:#invoke:Unsubst||$N=Missing information |date=__DATE__ |$B= {{#invoke:Message box|ambox}} }} {{#invoke:Infobox|infobox}} The real ({{#invoke:IPAc-en|main}}; Brazilian Portuguese: [ʁeˈaw]; pl. reais) is the present-day currency of Brazil. Its sign is R$ and its ISO code is BRL. It is subdivided into 100 centavos ("Cents"). In Portuguese the word real means both "royal" and "real".

The modern real was introduced in 1994, when it replaced the old currency, the cruzeiro real, as part of the Plano Real, a substantial monetary reform package that aimed to put an end to three decades of rampant inflation. At the time it was meant to have approximately fixed 1:1 exchange rate with the United States dollar. It suffered a sudden devaluation to a rate of about 2:1 in 1999, reached almost 4:1 in 2002, then partly recovered and has been approximately 2:1 since 2006. The exchange rate as of September 2015 is BRL 4.05 to USD 1.00.

The dollar-like sign (cifrão) is the currency's symbol (both historic and modern), and in all the other past Brazilian currencies, is officially written with two vertical strokes (Cifrão symbol.svg) rather than one.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> However Unicode considers the difference to be only a matter of font design, and does not have a separate code for the two-stroked version.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}Unicode 0024 DOLLAR SIGN= milréis, escudo, used for many peso currencies in Latin America and elsewhere, glyph may have one or two vertical bars</ref>


Brazilian real sections
Intro  History  \"God Be Praised\" controversy  Current Real exchange rates  See also  References  External links  

PREVIOUS: IntroNEXT: History
<<>>