Country:
Brazil
Region:
South America
Sub-Unit:
1 Real = 100 centavo
Symbol:
R$
The real, meaning 'royal, was first introduced by Portugese settlers and became Brazil's official currency in 1690. It was not sub-divided in smaller units. The modern real (plural reais) was introduced on July 1, 1994.
BRL Exchange Rates
Banco Central do Brasil