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Brazilian real

Countries that use the Brazilian real

The Brazilian real was established in 1994 as an official national currency and is used only in Brazil. 1 real is divided into 100 Centavos.

ISO 4127:
BRL
Numeric:
986
Symbol:
R$
List of all currencies

Overview: Brazil
1.00 Brazilian reals = 0.19 US dollars


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Reverse currencies

Exchange rate history 1 BRL in USD

The graph shown here shows the exchange rate development from January 2018 to March 2024. The exchange rate for 1 BRL moved during this time from USD 0.30 to USD 0.20. In these 74 months it fell by 34.0 percent.

Inflation development in Brazil


Currency reserves for the Brazilian real

According to the International Monetary Fund, the total broad money (M3) amounted to BRL 10.562 trillion at the end of 2022. For currency hedging, reserves were held in a total amount of 1.677 trillion reals. This corresponds to a ratio of 1:6.3. In other words, not even 1 of 6 reals is deposited with a countervalue.

Approximately 39.01 billion reals (2.3%) of the currency reserves exist in gold reserves. The remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.

Worldwide currency and gold reserves




Sources

All conversion rates are based on data from the European Central Bank.
Data on currency and gold reserves are from the International Monetary Fund.
Currency reservesCurrency and gold reserves worldwideReserve assets and gold holdings in proportion to the money stock. An international comparison of currency hedging.
Comparison: Cost of livingCost of living in a global comparisonRanking of international living costs from 97 countries compared to the US
Indonesia: TsunamisTsunamis in IndonesiaTsunamis and flood waves in Indonesia and their caused damages