Brazilian Real (BRL) Exchange Rates on 24th January 2020 (24/01/2020)
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Exchange rates for Brazilian Real (BRL)
| Updated: 2020-01-24 | |||||||||
| Convert from | Convert to | 1 BRL | Conversion | in currency | Conversion | ||||
 BRL |
 GBP |
0.1826 | BRL to GBP | 5.4776 | GBP to BRL | ||||
| BRL |
 BGN |
0.4244 | BRL to BGN | 2.3565 | BGN to BRL | ||||
| BRL |
 HRK |
1.6152 | BRL to HRK | 0.6191 | HRK to BRL | ||||
| BRL |
 CZK |
5.4601 | BRL to CZK | 0.1831 | CZK to BRL | ||||
| BRL |
 DKK |
1.6213 | BRL to DKK | 0.6168 | DKK to BRL | ||||
| BRL |
 EEK |
0 | BRL to EEK | 0 | EEK to BRL | ||||
| BRL |
 HUF |
73.094 | BRL to HUF | 0.0137 | HUF to BRL | ||||
| BRL |
 KZT |
90.9342 | BRL to KZT | 0.011 | KZT to BRL | ||||
| BRL |
 LVL |
0.145 | BRL to LVL | 6.8951 | LVL to BRL | ||||
| BRL |
 LTL |
0.708 | BRL to LTL | 1.4125 | LTL to BRL | ||||
| BRL |
 MKD |
13.3625 | BRL to MKD | 0.0748 | MKD to BRL | ||||
| BRL |
 MDL |
4.2675 | BRL to MDL | 0.2343 | MDL to BRL | ||||
| BRL |
 NOK |
2.1568 | BRL to NOK | 0.4636 | NOK to BRL | ||||
| BRL |
 PLN |
0.9212 | BRL to PLN | 1.0855 | PLN to BRL | ||||
| BRL |
 RON |
1.0373 | BRL to RON | 0.9641 | RON to BRL | ||||
| BRL |
 RUB |
14.8371 | BRL to RUB | 0.0674 | RUB to BRL | ||||
| BRL |
 SKK |
0 | BRL to SKK | 0 | SKK to BRL | ||||
| BRL |
 SEK |
2.2857 | BRL to SEK | 0.4375 | SEK to BRL | ||||
| BRL |
 CHF |
0.2327 | BRL to CHF | 4.298 | CHF to BRL | ||||
| BRL |
 TRY |
1.422 | BRL to TRY | 0.7032 | TRY to BRL | ||||
| BRL |
 UAH |
5.8898 | BRL to UAH | 0.1698 | UAH to BRL | ||||
Brazilian Real (BRL)
Sign R$
1 Brazilian Real is subdivided into 100 centavos.
The BRL is the international currency code for the Brazilian real, plural reais, and symbolized by the 'R$" sign. The BRL is officially subdivided into 100 units called centavos. The currency is managed and issued by the Central Bank of Brazil who, as the primary monetary authority throughout Brazil, sets monetary policy with a stated focus on managing price stability. This policy is only circumvented when the value of the BRL begins to surpass $0.50 USD, in which case Brazilian economists fear negative repercussions to the Brazilian economy and take steps to keep it under that level.
Coins used:
-frequently 5, 10, 25, 50 centavos, R$1
-rarely 1 centavo (discontinued in 2006)
Banknotes used:
-frequently R$2, R$5, R$10, R$20, R$50, R$100
-R$1 (discontinued in 2006)
Central Bank
Central Bank of Brazil
http://www.bcb.gob.br
Originally in 1994 when Brazil was in the midst of a battle against inflation the new BRL was targeted and introduced at a pegged parity with the USD. But monetary pressures instantly devalued the currency, which was un-pegged and allowed to float, to 2:1USD and then eventually 4:1USD. While the market adjusted to the new BRL and the tighter monetary policies of Brazil, the BRL value has settled most recently within a narrow trading range around 1.75R$ to each USD.
The Brazilian mint and currency printer is the Casa da Moeda do Brasil which is wholly owned by the Brazilian government. The Casa da Moeda do Brasil is used by many other South American countries to print their respective currencies and coins given its high level of modern technology and ability to incorporate anti-counterfeiting safeguards into each issue.
The BRL banknotes have been issued in countless denominations over the years with each successive issue being used simultaneously with the others. The most recent banknote issues are made of polymer and not only incorporate advanced security features, but all have unique characteristics such as varied length in order to assist those with disabilities in differentiating one bill form another. The current issue polymer denominations include R$2, R$5, R$10, R$20, R$50, R$100 and the current issue coin values include 5, 10, 25, 50 centavos, R$1
Other References
Wikipedia article on Brazilian Real
XE.com Live Currency Converter for BRL
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