The real (English pronunciation: /reɪˈɑːl/; Brazilian Portuguese: [ʁeˈaw] "royal, real"; sign: R$; code: BRL) is the present-day currency of Brazil and was also the currency during the period 1690 to 1942. When the first real circulated, the plural used was réis. The currently used plural form is reais, with the symbol R$ and ISO 4217 code BRL. The modern real is subdivided into 100 centavos. The exchange rate as of October 16th, 2009 is approxim...
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The real (English pronunciation: /reɪˈɑːl/; Brazilian Portuguese: [ʁeˈaw] "royal, real"; sign: R$; code: BRL) is the present-day currency of Brazil and was also the currency during the period 1690 to 1942. When the first real circulated, the plural used was réis. The currently used plural form is reais, with the symbol R$ and ISO 4217 code BRL. The modern real is subdivided into 100 centavos. The exchange rate as of October 16th, 2009 is approximately BRL 1.71 to USD 1.00.
The Portuguese real was the currency used by the first Portuguese settlers to arrive in the Americas, but the first official money to circulate bearing the name "real" was actually printed in 1654 by the Dutch, during their occupation of part of the Brazilian Northeast.
The real became Brazil's official currency in 1790. It was not sub-divided in smaller units. The real was affected by inflation during its long lifespan and the base currency unit shifted from the real to the mil réis (one thousand réis) and the...
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