Brazilian Real (R$) to Australian Dollar (A$) Conversion

Brazilian Real

The Brazilian Real (BRL) was introduced on 1 July 1994 as part of the Plano Real — an economic stabilisation programme that successfully ended Brazil's hyperinflation, which had peaked at over 2,000% annually in the early 1990s. The Real replaced the Cruzeiro Real at 1:2,750 and was initially pegged to the US Dollar before transitioning to a managed float in 1999. Managed by the Banco Central do Brasil, the BRL is the most traded Latin American currency and critical for your Portuguese-speaking audience.

Australian Dollar

The Australian Dollar (AUD) is the official currency of Australia and the fifth most traded currency globally. Introduced in 1966 to replace the Australian pound, the AUD was the first decimal currency in the Commonwealth. Like the Canadian Dollar, the AUD is a commodity currency — its value is strongly correlated with prices of iron ore, coal, gold, and agricultural products, which are Australia's major exports. The Reserve Bank of Australia manages monetary policy, and the AUD is also the official currency of several Pacific island nations.

Convert Brazilian Real (R$) to other units of Currency