Brazilian Real (BRL)
The Brazilian real is the official currency of Brazil. The Central Bank of Brazil oversees the monetary system and banknote issuance. BRL is the ISO code used in international payments and exchange-rate information, and one real is divided into 100 centavos. The local symbol may be written R$, while BRL is clearer when several dollar- or real-named amounts appear together.
- ISO code
- BRL
- Symbol
- BRL
- Region
- Americas
- Currency type
- Fiat currency
- Exchange system
- The Central Bank of Brazil manages currency issuance and the national monetary framework.
- Last reviewed
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Quick facts
BRL at a glance
Currency profile
How BRL works
The Brazilian real is the official currency of Brazil. The Central Bank of Brazil oversees the monetary system and banknote issuance. BRL is the ISO code used in international payments and exchange-rate information, and one real is divided into 100 centavos. The local symbol may be written R$, while BRL is clearer when several dollar- or real-named amounts appear together.
BRL conversions support travel, trade, digital services, payroll and commercial planning connected with Brazil. CurrencyHub calculates the displayed amount from a dated provider reference rate. It does not include the customer pricing, timing or availability of a bank, card or transfer service. The conversion direction matters: BRL to USD answers a different question from USD to BRL, even though the rates are mathematical inverses before rounding.
- BRL entered circulation on July 1, 1994 as the final stage of the Real Plan.
- The real is divided into 100 centavos.
Context
Why this currency matters
BRL represents Latin America's largest economy and is widely followed in commodity and emerging-market contexts. It is commonly compared with USD, EUR and neighboring regional currencies. Brazilian-real conversions are also relevant to tourism, software services and international supplier accounts. The plural form reais may appear in prose, but BRL remains the stable identifier in data. Preserving that code and the rate date makes records understandable across languages and reporting systems. It also reduces ambiguity in multilingual invoices and exports.
Monetary framework
Exchange arrangement
The Central Bank of Brazil manages currency issuance and the national monetary framework.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for BRL
Real Plan designed
Brazilian authorities developed the stabilization framework that preceded the new currency.
Central Bank of Brazil - the Real PlanURV transition unit used
The Real Unit of Value provided a transitional unit of account before BRL circulation.
Central Bank of Brazil - the Real PlanBrazilian real introduced
BRL entered circulation and replaced the cruzeiro real.
Central Bank of Brazil - the Real PlanInflation-targeting framework adopted
Brazil adopted an inflation-targeting regime after the Real Plan's initial phase.
Central Bank of Brazil - the Real Plan
Usage and economy
How BRL is used
- Domestic prices, wages and payments in Brazil.
- Regional trade, travel and comparisons with USD and neighboring currencies.
Country currency guides
Banknotes and coins
BRL currency units
The Central Bank of Brazil documents the banknotes issued for the real.
The Central Bank of Brazil documents real and centavo coins used in circulation.
One Brazilian Real unit is recorded with 2 decimal places and uses Centavo as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
FAQ
BRL questions
When was the Brazilian real introduced?
BRL entered circulation on July 1, 1994.
What currency did BRL replace?
The Brazilian real replaced the cruzeiro real at the final stage of the Real Plan.
What was the URV?
The Real Unit of Value was a transitional unit of account used before the real became the means of payment.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.