What is the Currency of Brazil? – Everything About the Brazilian Real (BRL)
💰 Official Currency of Brazil
The official currency of Brazil is the Brazilian Real (BRL).
Its international currency code is BRL.
The modern real in use today was introduced in 1994 to strengthen the country’s economic stability.
🏛️ Brief History of the Brazilian Real
Throughout Brazil’s history, several currencies such as the real and cruzeiro have been used.
With the implementation of the Plano Real economic reform program in 1994, the New Brazilian Real (BRL) was introduced, bringing significant stability to the country’s economy.
As part of the reform, 1 BRL = 2,750 old cruzeiro reais.
💹 Brazilian Real Abbreviation and Symbol
Abbreviation: BRL
Symbol: R$
Subunit: 1 real = 100 centavos (centavo coins)
💸 Can You Send Money to Brazil?
Yes ✅
With PayPorter, you can make fast, secure, and low-cost international transfers to Brazil.
PayPorter’s extensive network of over 185 countries allows funds to reach Brazilian bank accounts or agent locations within minutes.
Advantages:
Low transaction fees
Instant transfers
Secure and licensed infrastructure
Wide network of agent locations
📍 Visit our page to send money to Brazil.
🌍 Can the Brazilian Real Be Used in Turkey?
No.
The Brazilian Real is only valid within Brazil.
However, exchange offices or some banks in Turkey may offer BRL buy/sell services.
Additionally, PayPorter allows transfers from Brazil to Turkey as well.
💡 Interesting Facts About the Brazilian Real
The Brazilian Real is one of the strongest and most widely used currencies in Latin America.
Banknotes feature animals representing Brazil’s rich biodiversity.
The word “Real” in Portuguese means “real” or “royal.”
Last Uptade: December 2025
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