Brazil

Brazil Currency Timeline

By Blytheville Schools Financial Literacy

  • Start of Inflation

    Start of Inflation
    This began the rampant inflation in Brazil

  • Rampant Inflation

    Rampant Inflation
    The currency rapidly increased in its inflaiton.

  • First Series Coins

    First Series Coins
    The first series coins were released in 1994, made in 1, 5, 10, and 50 centavos.

  • Modern Brazilian Real

    Modern Brazilian Real
    The Modern Brazilian Real replaced the Cruzeiro Real.

  • Central Bank of Brazil controlled the exhange rate.

    Central Bank of Brazil controlled the exhange rate.

  • Real Coin

    Real Coin
    The original 1-real coins dated 1994-1997 have been withdrawn from circulation

  • Bank loses the exchange rate control.

    Bank loses the exchange rate control.

  • Devaluation to 2:1

    Devaluation to 2:1
    The brazillian real, designed to be a 1:1 exchange rate to the U.S. dollar, became two reals to one dollar.

  • Devaluation to 4:1

    Devaluation to 4:1
    The brazillian real exchange rate changed to 4 reals to one dollar.

  • 1 Real

    1 Real
    On 31 December 2005, BCB discontinued the production of the 1 real banknote

  • 2015 Exchange Rate

    2015 Exchange Rate
    As of the end of 2015, the exchange rate was 3.8 Reais to 1 U.S. dollar

  • Brazil's E Payment Infrastructure

    Brazil's E Payment Infrastructure
    Brazil has already begun developing a E payment based infrastructure. Just like other Countries such as China, Turkey, and South Africa