| 1 $ = | Start | 10/16/2026 | Change | |
| Last 24 hours | 5.0753 R$ | ⇨ | 5.0739 R$ | -0.03% |
| Last week | 4.9885 R$ | ⇨ | 5.0739 R$ | +1.71% |
| Last month | 5.155 R$ | ⇨ | 5.0739 R$ | -1.57% |
| Last year | 5.4554 R$ | ⇨ | 5.0739 R$ | -6.99% |
| Currency | 10/09/2026 | 10/16/2026 | Change | |
| Bulgarian Lev (BGN) | 1.6834 лв | ⇨ | 1.7478 лв | +3.82% |
| Egyptian Pound (EGP) | 52.364 E£ | ⇨ | 53.444 E£ | +2.06% |
| Brazilian Real (BRL) | 4.9885 R$ | ⇨ | 5.0739 R$ | +1.71% |
| New Taiwan Dollar (TWD) | 31.948 NT$ | ⇨ | 32.46 NT$ | +1.6% |
| Uzbekistani Som (UZS) | 11,900 soʻm | ⇨ | 12,055 soʻm | +1.31% |
| Norwegian Krone (NOK) | 9.5635 kr | ⇨ | 9.4355 kr | -1.34% |
| Bolivian Boliviano (BOB) | 11.844 Bs | ⇨ | 11.675 Bs | -1.43% |
| Nepalese Rupee (NPR) | 154.67 Rs | ⇨ | 151.85 Rs | -1.82% |
| Indian Rupee (INR) | 96.774 ₹ | ⇨ | 94.944 ₹ | -1.89% |
| Russian Ruble (RUB) | 85.099 руб | ⇨ | 83.077 руб | -2.38% |
| See also: 24h, monthly and yearly currency moves | ||||
| Currency name | Brazilian Real |
| Symbol | R$ |
| Also known as | BRL, Brazilian Real, R$1 = 100 centavos |
| ISO code | BRL |
| Banknotes | R$2, R$5, R$10, R$20, R$50, R$100, R$200 |
| Coins | 5, 10, 25, 50 centavos; R$1 |
| Central bank | Banco Central do Brasil (BCB) - Website: www.bcb.gov.br |
| Countries | 1 country: Brazil (capital: Brasília, major cities: São Paulo, Rio de Janeiro, Brasília, Salvador) |
| Population | 215 mil. |
History
Brazil's economic history is characterised by a series of currency changes that reflect the country's struggles with inflation. Brazil has had eight different currencies since independence in 1822, more than almost any other country. The pattern: inflation would erode a currency's value, a reform would introduce a new one with zeros dropped, then inflation would resume.
The sequence: the Brazilian real (1690s), milréis (1833), cruzeiro (1942), cruzeiro novo (1967), cruzeiro (1970), cruzado (1986, at 1,000:1), cruzado novo (1989, at 1,000:1), cruzeiro (1990), cruzeiro real (1993, at 1,000:1), and finally the current real (1994, at 2,750:1 from the cruzeiro real).
The Plano Real of 1994, introduced by Finance Minister Fernando Henrique Cardoso, was the turning point. Unlike previous stabilisation attempts, it succeeded through a combination of fiscal adjustment, monetary anchoring to the US dollar, and the introduction of the URV (Unit of Real Value) as a transitional accounting unit. The plan broke Brazil's hyperinflation — which had reached over 2,000% per year — and ushered in lasting monetary stability.
The real floated freely from January 1999, after a speculative attack. The Banco Central do Brasil manages an inflation-targeting framework. The real remains vulnerable to global commodity price swings (Brazil is a major exporter of iron ore, soybeans, and oil), political risk, and changes in US monetary policy affecting emerging market capital flows.
Sources:
"Brazilian real", Wikipedia, https://en.wikipedia.org/wiki/Brazilian_real
"Plano Real", Wikipedia, https://en.wikipedia.org/wiki/Plano_Real