Brazil currency: The Brazilian real was established

The Brazilian real was established in 1994 as an official national currency and is used only in Brazil. It replaced the previously valid cruzeiro real. 1 Real is devided into 100 Centavos. Each real (plural: reais) is divided into 100 centavos. The Central Bank of Brazil (Banco Central do Brasil) has the exclusive authority to issue banknotes and coins in Brazil . Coins are issued in denominations ranging from 1 centavo to 1 real. Banknotes are valued from 1 to 100 reais. Get information about the BRL currency . The Brazilian Real (BRL) is the official currency of Brazil . The symbol of the Brazilian real is R$. Currency converter to convert from Brazilian Real (BRL) to Indian Rupee (INR) including the latest exchange rates, a chart showing the exchange rate history for the last 120-days and information about the currencies.