The official Brazilian currency since 1994 is the Brazilian real (plural reais, sign R$, code BRL).
Through its history, Brazil had a number of other currencies:
Colonial times
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Currency
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From Colonial
times to 1942
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The first official currency of Brazil was the real. As the currency of the
Portuguese empire, it was in use in Brazil from the earliest days of the
colonial period, and remained in use until 1942, when it was replaced by the cruzeiro. The name real was
resurrected in 1994 for the new currency unit (but with the new plural form reais). The
name comes from the Portuguese word real (in
the sense of "royal") and was borrowed from a Portuguese currency previously used in Brazil.
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Currency name
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Brazilian real (Old)
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Plural
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réis
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Symbol
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Rs
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Subunit
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1/1000 real
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Users
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Founded
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Rio de Janeiro, Brazil (October 12, 1808; 208 years ago)
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Headquarters
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From 1942 to 1967
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The first cruzeiro was issued from 1942 to 1967, replacing the real at
a rate of 1000 réis = 1 cruzeiro and was replaced in 1967 by the cruzeiro
novo at a rate of 1000 cruzeiros = 1 cruzeiro novo. In practice, the name
cruzeiro had been used for the 1000 réis unit since at least 1926, when
Brazilian economist Carlos Inglês de Sousa (1882–1948) first suggested it to
the government.
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Currency name
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cruzeiro (first)
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Plural
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cruzeiros
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Symbol
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₢
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Subunit
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1/100 centavo
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Users
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Brazil
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Central bank
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Central
Bank of Brazil
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Established
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December 31, 1964
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Headquarters
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Brasília, Brazil
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From 1967 to 1986
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Currency name
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Second
Cruzeiro (Cruzeiro Novo)
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Plural
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cruzeiros
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Symbol
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₢
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Subunit
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1/100 centavo
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Users
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Brazil
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Central
bank
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Central
Bank of Brazil
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Established
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December 31, 1964
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Headquarters
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Brasília, Brazil
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From 1986 to 1989
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The cruzado was
the currency of Brazil from 1986 to 1989. It replaced the second cruzeiro (at first
called the "cruzeiro novo") in 1986, at a rate of 1 cruzado = 1000
cruzeiros (novos) and was replaced in 1989 by the cruzado novo at a
rate of 1000 cruzados = 1 cruzado novo.
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Currency name
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cruzado
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Plural
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cruzados
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Symbol
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Cz$
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Subunit
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1/100 centavo
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Users
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Brazil
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Central bank
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Central
Bank of Brazil
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Established
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December 31, 1964
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Headquarters
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Brasília, Brazil
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From 15 January 1989 to 15 March 1990
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Currency name
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Cruzado Novo
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Plural
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cruzados novos
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Symbol
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NCz$
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Subunit
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1/100 centavo
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Users
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Brazil
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Central bank
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Central Bank of Brazil
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Established
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December 31, 1964
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Headquarters
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Brasília, Brazil
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From 15 January 1990 to 15 March 1993
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The cruzeiro was the currency of Brazil from 1942 to 1986 (two distinct
currencies) and again between 1990 and 1993. In 1994 it was replaced
with the real.
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Currency name
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Cruzeiro (Third)
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Plural
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cruzeiros
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Symbol
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₢
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Subunit
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1/100 centavo
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Users
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Brazil
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Central bank
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Central Bank of Brazil
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Established
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December 31, 1964
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Headquarters
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Brasília, Brazil
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From August 1, 1993 to June 30, 1994
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The cruzeiro
real (plural: cruzeiros reais) was the short-lived currency of Brazil between August 1, 1993 and June 30, 1994. This
unit was used only for accounting purposes. The currency had the ISO 4217 code BRR. The cruzeiro real was
replaced with the current Brazilian real as
part of the Plano Real.
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Currency name
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Cruzeiro
real
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Plural
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Cruzeiros reais
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Subunit
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1/100 centavo
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Users
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Brazil
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Central
bank
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Central
Bank of Brazil
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Established
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December 31, 1964
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Headquarters
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Brasília, Brazil
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From 1994 to
present
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The real is the
present-day currency of Brazil. It was
introduced in 1994, when it replaced the old currency, the cruzeiro real, as
part of the Plano Real, a
substantial monetary reform package
that aimed to put an end to three decades of rampant inflation. Its sign is R$ and its ISO code is BRL.
It is divided into 100 centavos ("Cents").
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Currency name
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real
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Plural
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Reais
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Symbol
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R$
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Subunit
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1/100 centavo
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Users
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Brazil
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Central
bank
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Central
Bank of Brazil
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Established
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December 31, 1964
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Headquarters
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Brasília, Brazil
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Central Bank of Brazil |
◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙◙
Item code: 133/BR-2
More Info...
Year
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1954-1958
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Obverse
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Portrait of Luis Alves de Lima e Silva,
Duke of Caxias (Duque de Caxias)
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Reverse
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Military school of Rezende (Resende), now
Academia Militar de Agulhas Negras - AMAN (Military Academy of Black Needles) (English: Agulhas Negras Military Academy)
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Printer
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American Bank Note Company.
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Size
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157x67 mm
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5 Cruzeiros
More Info...
100 Cruzados
Item Code: 132/BR-1
Year
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1964
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Obverse
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Historian and diplomat José Maria da
Silva Paranhos (1845-1912) - Barão do Rio Branco
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Reverse
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"A Conquista do Amazonas"
(Conquest of Amazon), painting of Antônio Parreiras; nude woman depicted;
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Printer
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Thomas De La Rue & Company, Limited,
London.
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Size
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157x67 mm
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20 reais
Item Code: 316
Year: 2010
Item Code: 134/BR-3
Year
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1987
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Obverse
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President Juscelino Kubitschek de
Oliveira; electric power station and roads; Justice by Alfredo Ceschiatti.
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Reverse
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Palace of Dawn. The official residence of the President of Brazil.
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Size
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154 x 74 mm
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Watermark
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Juscelino
Kubitschek
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