Brazilian Real (BRL)
The Brazilian real is the currency of Brazil and the most traded in Latin America. It floats freely, and the central bank uses interest rates rather than exchange rate targets.
The latest available mid-market reference is 1 BRL = 0.1794 USD. The table below shows the same rate against the other major currencies.
Key facts
Structural details reviewed . Regimes and issuing arrangements can change.
The role of the Brazilian Real
Brazil is a major exporter of soy, iron ore, oil and beef, and the real is the most traded currency in Latin America. It is used in a growing share of regional trade and in carry trades.
A short history
The real was introduced in 1994 as part of the Plano Real, which ended hyperinflation. Brazil moved to a floating rate in 1999 after a currency crisis.
What moves the Brazilian Real
Commodity exports, the Selic rate, fiscal policy and global demand for emerging market assets.
Live BRL exchange rate
| Currency | 1 BRL equals |
|---|---|
| US Dollar (USD) | 0.1794 |
| Euro (EUR) | 0.1615 |
| British Pound (GBP) | 0.1350 |
| Japanese Yen (JPY) | 28.6244 |
| Chinese Yuan (CNY) | 1.1998 |
| Indian Rupee (INR) | 16.8415 |
| Canadian Dollar (CAD) | 0.2555 |
| Australian Dollar (AUD) | 0.2619 |
| Swiss Franc (CHF) | 0.1493 |
Mid-market rate updated . Banks and transfer providers add a margin. About our rates.
BRL conversion pages
Other currency profiles
Brazilian Real questions
What is the Brazilian Real?
Brazilian Real (BRL) is used in the following countries and territories: Brazil. Central bank: Banco Central do Brasil. Exchange rate regime: free float.
Which countries use the Brazilian Real?
The Brazilian Real is used in the following countries and territories: Brazil.
What affects the Brazilian Real exchange rate?
Commodity exports, the Selic rate, fiscal policy and global demand for emerging market assets.