CURRENCYHUB
Brazil flagBRLBrazilian Real

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

Convert this currency

BRL converter

Brazil flagBRL
0.193645 USD1 BRL = 0.19364458 USD

Rate date:

1 BRL = 0.19364458 USDRate date: Source: Frankfurter

Quick facts

BRL at a glance

CurrencyBrazilian Real (BRL)
Minor unitCentavo
Central bank or issuing authorityCentral Bank of Brazil
Used inBrazil

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

Official arrangement

The Central Bank of Brazil manages currency issuance and the national monetary framework.

Reference-rate context

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

  1. Real Plan designed

    Brazilian authorities developed the stabilization framework that preceded the new currency.

    Central Bank of Brazil - the Real Plan
  2. URV transition unit used

    The Real Unit of Value provided a transitional unit of account before BRL circulation.

    Central Bank of Brazil - the Real Plan
  3. Brazilian real introduced

    BRL entered circulation and replaced the cruzeiro real.

    Central Bank of Brazil - the Real Plan
  4. Inflation-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

Banknotes

The Central Bank of Brazil documents the banknotes issued for the real.

Coins

The Central Bank of Brazil documents real and centavo coins used in circulation.

Currency unit

One Brazilian Real unit is recorded with 2 decimal places and uses Centavo as its minor unit.

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.