The Brazilian Real is the official currency of Brazil since 1994. Its sign is R$ and its ISO code is BRL. The real (plural reais) subdivided into 100 centavos. The real replaced the previous “cruzeiro,” which had been the monetary unit since 1942.
Exchange rates are published daily. These rates are provided for indicative purposes only.
The foreign exchange reference rates are published by the European Central Bank.
Currency Name: Brazilian real
Local name: real brasileiro (Portuguese)
Official user(s): Brazil
Currency Symbol/Sign: R$
ISO code: BRL
Central bank: Central Bank of Brazil
Subunit: 1 real = 100 centavo.
Banknotes: 2, 5, 10, 20, 50 real
Coins: 5, 10, 25, 50 centavos, R$1
Currency Peg: No (as of 1999)
Black Market for Currency: No
Currency Volatility: Low to Medium.
Central Bank Rate
The current central bank interest rate is 9.00%. This is lower than 2011, which was 11.00%.
Exchange rates today: Monday 19th of March 2018
|1 BRL||=||0.2465 €|
|4.0567 BRL||=||1 €|
|20 BRL||=||4.9301 €|
|50 BRL||=||12.3253 €|
|100 BRL||=||24.6506 €|
|500 BRL||=||123.2529 €|
|1000 BRL||=||246.5058 €|
The rates are set on the basis of the regular daily concertation procedure between national central banks, which normally takes place at 2.15 p.m. CET. The exchange rates are for reference only and are published daily when TARGET system is open.
All currencies are quoted against 1 Brazilian real : March 19, 2018