Brazilian Real, the currency of Brazil
The real (code: BRL) became Brazil's official currency in 1790. The modern real is subdivided into 100 centavos. The symbol R$ is used before the number and the decimal separator is a comma (,): R$ 123,45. The real initially appreciated (gained value) against the U.S. dollar as a result of the large amount of capital inflows in late 1994 and 1995. It then began a gradual depreciation process, culminating in the 1999 January Brazilian currency crisis, when the Real suffered a maxi-devaluation, and fluctuated wildly. In the year of 2007, in spite of the various attempts of the Brazilian Banco Central (Central Bank) to keep real low, it has grown stronger against the dollar. In May 2007, the real became worth more than 50 U.S. cents for the first time in recent years.
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| | USD | EUR | GBP | JPY | CAD | AUD | CHF | RUB | CNY | ZAR | MXN |  | 1 BRL = | 0.42607 | 0.31939 | 0.27252 | 41.5311 | 0.43984 | 0.46440 | 0.39458 | 14.0170 | 2.60544 | 4.26196 | 5.47484 | | Inverse: | 2.34700 | 3.13090 | 3.66938 | 0.02407 | 2.27354 | 2.15330 | 2.53432 | 0.07134 | 0.38381 | 0.23463 | 0.18265 |
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