BRL

Brazilian Real

BRL is the official currency of Brazil. It was introduced in 1994 as part of a plan to stabilize the Brazilian economy after periods of hyperinflation.

The real is managed by the Central Bank of Brazil. Brazil has advanced instant payment systems including PIX. The currency is one of the most traded emerging market currencies globally.

Related Terms

USD

United States Dollar

USD is the official currency of the United States and its territories. It's the world's primary rese...

MXN

Mexican Peso

MXN is the official currency of Mexico. It's the most traded currency in Latin America and among the...

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