Brazilian Real is the official currency of Brazil abbreviated as BRL which is also known as the currency code of Brazil. The Brazilian Real is symbolically represented as R$. The Brazilian Real is regulated by the Central Bank of Brazil.
Brazilian Real (BRL) Currency Facts
| BRL Stats | BRL Profile |
| Currency Name: Brazilian Real | Central Bank: Central Bank of Brazil |
| Symbol: R$ | Freq. Denominations: R$2, R$5, R$ 10, R$ 20, R$ 50, R$ 100 |
| Subunit: Centavo | Coins Used: 5, 10, 25, 50 Centavos |
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Top BRL Conversions: BRL to USD |
BRL to INR Chart |
History of Brazilian Real (BRL)
Brazilian Real was first introduced as the legal tender in Brazil on July 1, 1994, replacing the earlier currency Cruzeiro Real (CR $) as part of a broader plan to revive the Brazilian economy. Initially, the value of Brazilian Real was fixed at par with the US dollar which meant that one Brazilian Real was equivalent to one US dollar at that time. However, with time and market adjustments, Brazilian Real depreciated against the US dollar. Currently, it required about 4.15 Brazilian Reals (BRL) to buy a US dollar (USD).
How to convert BRL to INR online in India?
You can buy/ sell Brazilian Real or convert BRL to INR in India by simply following the steps mentioned below:
Step 1: Search online “Best Brazilian Real Rates Near Me” and compare the currency conversion rates and charges of various platforms.
Step 2: In case you find BookMyForex rates most competitive, just visit BookMyForex.Com and enter the currency and the amount that you want to exchange or simply call at 9212219191.
Step 3: Upload necessary travel documents as mandated by the central bank of India which includes your Passport, Visa, Air Ticket and PAN card details.
Step 4: Select your payment option and get your foreign exchange delivered to your home with the doorstep delivery facility of BookMyForex
Also Read: How to Convert BRL to INR Online in India?
Where can I buy/sell Brazilian Real in India?
You can buy/sell Brazilian Real in India from various places include banks and other RBI authorized local money changers or online marketplaces such as BookMyForex.
In case you want to avoid multiple branch visits to the banks and end up paying higher currency conversion charges, it is better that you place your foreign exchange order from currency exchange aggregators such as BookMyForex which first compares the exchange rates in your neighborhood through 100's of money changers via its digitally enabled platform and provide you with the best rates.
Benefits of Buying/Selling Brazilian Real from BookMyForex
About BookMyForex
BookMyForex was established in 2012 with the mission of bringing total transparency in the currency exchange market and provide a seamless experience to the people looking for currency exchange and forex related services in India. Apart from currency exchange services, BookMyForex also deals with forex card issuance, loading/unloading of the prepaid travel card. Traveller’s cheque and international remittance related services.
About Brazil
Brazil is the world’s fifth-largest country (by area) and also the fifth most populous country in the world. Geographically, Brazil is situated in South America and bounded by the Atlantic Ocean on the east with over 7000 Km long coastline. Because of the world-famous Amazon forest, the region is home to the diverse ecological system which consists of vast tropical forest, a variety of wildlife and rich in mineral resources.
