How To Convert Euros To Brazilian Reals

by | December 5, 2020

BUY BRAZILIAN REAIS FOR TRAVEL

Here you can conveniently order Brazilian Reais (BRL) online and have them delivered to you within a few days. The whole thing on the basis of the current exchange rate from euros to real.

YOUNG CURRENCY WITH A LONG TRADITION

According to Countryaah, the Brazilian real (BRL) is the legal tender in Brazil, but is also accepted in neighboring countries such as Paraguay and Uruguay. The real was introduced in 1994 as part of a currency reform and replaced the cruzeiro that had been in effect until then.

BRAZILIAN REALS

TWO SERIES OF COINS IN CIRCULATION

The Brazilian real is divided into 100 centavos. There are coins in values ​​from 1 to 50 centavos, and also in the size of 1 real, although the majority of the 1 centavo coin is no longer in use.

There are currently two coin series of different coinage. While the coins of the first series hardly differ from each other and uniformly depict the image of the Republic of Brazil, the female statue Efígie, the coins of the second issue from 1998 are more varied and are similar in size and appearance to the euro coins.

THE BANKNOTES ARE DEDICATED TO THE BRAZILIAN FAUNA

Seven different designs of banknotes up to a value of 100 reais are in circulation. They represent the typical representatives of the Brazilian animal world. The notes show images of a hummingbird, a water turtle or a golden lion tamarin, which is one of the endangered species on the South American continent.

The front of the banknotes is uniformly decorated with the stylized portrait of Efígie. Since 2010, new banknotes have been put into circulation which, unlike before, have different sizes. The production of the 1-real note was discontinued in 2006. Although it is still valid, it is no longer accepted as a means of payment in many places.

THE FIRST REAL GOES BACK TO DUTCH

During the Dutch occupation of northeastern Brazil in the middle of the 17th century, a means of payment called real was used for the first time. The first Portuguese settlers also used the Portuguese real, a currency of the same name. In 1690, the real finally became the official currency of Brazil. In this form it existed until 1942. Then it was replaced by the Cruzeiro.

THE INTRODUCTION OF THE REAL AS A MEANS AGAINST INFLATION

Due to the strong inflation that had chronically destabilized Brazil’s economy, the cruzeiro did not last long as a currency. In the course of the currency reform known as “Plano Real”, it was decided in 1994 to reintroduce the real. The real was initially pegged to the US dollar with the same value, but has been freely traded on the capital market since 1999.

The lifting of control by the Brazilian Central Bank led the country into another crisis that could not be stopped until 2003. The soccer World Cup in 2014 and the Olympic Games in 2016 once again led to a sharp rise in prices, to which parts of the population responded with protests with protests.

BUY CASH FOR TRAVEL

Trips to Brazil are very popular, not least because of the beautiful Copacabana beaches. You need cash, especially if you are traveling outside of the big cities – preferably also in small bills, as otherwise it is often difficult to change. So it is worth exchanging some cash before you travel. You can find further helpful tips for a stay in Brazil in our country information for Brazil.

CHANGE OTHER CURRENCIES ONLINE

You can also conveniently order many other currencies online in the XE travel money shop. Simply select the type you want, use the currency converter to display the current exchange rate from XE and buy your travel money online. In addition, you can also simply collect your travel money in one of the many local XE branches.

THE BRAZILIAN CURRENCY AT A GLANCE

1 Brazilian real = 100 centavos.

Currency abbreviation: R $, BRL (ISO code).

There are banknotes in denominations of 100, 50, 20, 10, 5, 2 and 1 BRL;

Coins with denominations of 1 BRL and 50, 25, 10, 5 and 1 Centavos.

The 1 BRL banknote is no longer printed, but is still valid.

However, in some shops it is no longer accepted as a form of payment.

1 centavo coins are hardly in circulation anymore.

FOREIGN EXCHANGE REGULATIONS

The import and export of the local currency and foreign currencies is unlimited; Obligation to declare amounts above the equivalent of BRL 10,000.