| Currency | 07/15/2026 | 07/22/2026 | Change | |
| Seychellois Rupee (SCR) | 0.0599 € | ⇨ | 0.0655 € | +9.4% |
| Silver (oz) | 1.6174 € | ⇨ | 1.6859 € | +3.77% |
| Azerbaijani Manat (AZN) | 0.516 € | ⇨ | 0.5342 € | +3.53% |
| Gold Sovereign | 831.45 € | ⇨ | 852.51 € | +2.53% |
| Gold (oz) | 113.55 € | ⇨ | 116.43 € | +2.53% |
| Venezuelan Bolívar (VES) | 0.0012 € | ⇨ | 0.0012 € | -1.11% |
| Hungarian Forint (HUF) | 0.0028 € | ⇨ | 0.0028 € | -1.19% |
| Papua New Guinean Kina (PGK) | 0.1984 € | ⇨ | 0.1959 € | -1.26% |
| Israeli Shekel (ILS) | 0.2909 € | ⇨ | 0.2865 € | -1.5% |
| Bolivian Boliviano (BOB) | 0.126 € | ⇨ | 0.0806 € | -36.03% |
| See also the 24h, 30d and 1y changes | ||||
| 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