Official country name: Federative Republic of Brazil
The Brazilian Real (BRL) is the official currency of Brazil. The symbol for the Brazilian Real is R$. Brazil uses the period to separate thousands and the comma to separate decimals.
Currency history
- The new modernized Real was introduced in 1994 to stabilize the Brazilian economy. At that stage the exchange rate was 1 Real = 1 USD.
- The first series of Real coins was launched in 1994 and they were used until 1997.
- From 1996 to 1998, the Central Bank of Brazil controlled the exchange rate.
- The second series of real coins were introduced in 1998 and are still being used.
- In 1999, the new President of the Central Bank decided to release the control over the exchange rate and the real suffered a massive devaluation to 2 Real = 1 USD.
- In 2002, the real reached its lowest exchange rate against the USD (4 Real = 1 USD).
- Since 2002, the real has been fluctuating; only in 2007 was it rated higher than the USD, reaching 0.5 Real = 1 USD.
- In 2004, new polymer banknotes were launched.
1 Real = 100 Centavos; ISO code = BRL 986
14th October 2026, 1 USD = 5.56 reais; 1 Euro = 6.47 reais
Country state: Complete
BRAZIL IS DIVIDED INTO THE FOLLOWING SECTIONS
| Pick Numbers | Issuer | Period |
| P1 – 93 | República | 1893 to 1921 |
| P94 – 102F | Caixa de Conversão | 1906 to 1910 |
| P103 – 109F | Caixa de Estabilização | 1926 |
| P110 – 123 & P131A | Banco do Brasil | 1923 |
| P125 – 131 | Casa da Moeda | 1942 |
| P132 – 182 | República | 1943 to 1964 |
| P182A – 258 | Banco Central do Brasil | 1965 – today |
CASA DA MOEDA
Cruzeiro System
- ND (1942) Provisional “Cruzeiro” Overprint Issue
The “Casa da Moeda – Provisional Issue 1942” banknotes with the Cruzeiro overprint represent a crucial historical milestone in Brazilian numismatics: the official transition from the old Mil-Réis standard to the Cruzeiro.
To curb inflation and modernize the monetary system, Getúlio Vargas’s government established the Cruzeiro on November 1, 1942 (at a rate of 1 Cruzeiro = 1 Mil-Réis). Since printing entirely new banknotes took time, the emergency solution was to reuse the existing stock of Mil-Réis banknotes issued by the National Treasury by applying official stamps to them.
- Location: Generally applied diagonally in the upper-left and lower-right corners.
- Inscription: The stamp features uppercase letters reading “CASA DA MOEDA” at the top, the numerical value in the center, and “CRUZEIROS” at the bottom (e.g., “CASA DA MOEDA / 100 / CRUZEIROS”).
5 cruzeiros P-125; B- Color: Dimensions: mm
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10 cruzeiros P-126; B- Color: Dimensions: mm
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20 cruzeiros P-127; B- Color: Dimensions: mm
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50 cruzeiros P-128; B- Color: Dimensions: mm
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100 cruzeiros P-129; B- Color: Dimensions: mm
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200 cruzeiros P-130; B- Color: Dimensions: mm
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500 cruzeiros P-131; B- Color: Dimensions: mm
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Terms of import and export of currencies
Currency Import regulations:
Same regulations as for export apply.
Currency Export regulations:
Local currency (Brazilian Real-BRL) and foreign currency: no restrictions up to BRL 10,000. – or equivalent.
Amounts higher than BRL 10,000. – or equivalent: must be declared.