Brazil The Brazilian Real (BRL) is the official currency of Brazil, issued by the Central Bank of Brazil. Introduced in 1994 as part of the Plano Real economic stabilization plan, it replaced the hyperinflation-stricken cruzeiro real. The real is a free-floating currency, and its value is influenced by commodity prices, foreign investment, and economic policies. The real is subdivided into 100 centavos, and banknotes range from R$2 to R$200, while coins are issued in values from R$0.05 to R$1. As the largest economy in South America, Brazil’s real is widely traded, but it can be volatile due to inflation and political uncertainties.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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India
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