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What Currency is Used in Brazil?

Published in Currency 1 min read

The official currency of Brazil is the Brazilian Real, abbreviated as BRL.

The Real is the official currency since 1994, replacing the Cruzeiro Real. It is subdivided into 100 Centavos.

Here are some examples of Brazilian Real banknotes and coins:

  • Banknotes: 2, 5, 10, 20, 50, and 100 Reais
  • Coins: 1, 5, 10, 25, and 50 Centavos, and 1 Real

The Brazilian Real is a freely convertible currency, meaning it can be exchanged for other currencies without restrictions. It is widely traded in the international foreign exchange market.

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