The Real is the official currency of Brazil and is subdivided into 100 centavos. The real is a relatively new currency. Its ISO 4217 code is BRL (986), the symbol is R$ and the abbreviation is $ and R$.
A Brief History of the BRL Currency
The emergence of the real in 1994 was preceded by a period of hyperinflation. From 1942 to 1994 in Brazil national currencies depreciated 7 times. During its existence, the BRL exchange rate against the dollar fluctuated from 0.8 to 3.7 reais per $1. From 2009 to 2011, the rate fluctuated from 1.5 to 1.7 BRL per $1.
In use there are such banknotes: 2, 5, 10, 20, 50, 100 and 200 reals and also such coins: 1, 5, 10, 25 and 50 centavos. Also in Brazil, you can use commemorative coins of 1 real.
Best casinos accepting BRL currency
Are you a player from Brazil? We are happy to say that on our website you can find many licensed casinos that accept your currency for both deposits and withdrawals. Choose one of the best BRL accepting casinos and enjoy your favorite casino games!
