Your essential source of information on the Brazil currency (Brazilian real) currency guide home home
Please click on the links below for details of our services. If you find the pages valuable, please pass the details on to your friends and colleagues.
Buy your holiday and travel currency - Buy online securely with extra convenience and get better tourist rates than at the banks.
Overseas payments/transfers - Companies and individuals, save money and get better rates for all your overseas currency payments, property buying and transfers.
Currency forecasts - The complete range of Investica currency forecasts.
Brazilian real
Brazil officially uses the real as the local currency. 1 real is divided into 100 centavos. The real was introduced in 1994 to replace the Cruzeiros Reais after an extended period of high inflation devaluation and currency changes.
Currency regime
The Brazilian real floats against the major currencies, although the central bank will intervene to recent excess volatility. Although traditionally volatile, the currency has been more stable over the past two years
Commercial rates
On January 31st 2006, the Brazilian real was trading around 2.21 against the US dollar, 2.67 against the Euro and 3.91 against Sterling.
Tourist rates
On January 31st 2006 the Brazilian real was valued at around 3.69 against Sterling. For 1 UK pound you will, therefore, receive around 3.69 Brazilian reals.
Travellers cheques should be taken in US dollars
Buy your holiday and travel currency - Buy online securely with extra convenience and get better tourist rates than at the banks.