Brazilian Real (R$) to Canadian Dollar (CA$) 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.

Canadian Dollar

The Canadian Dollar (CAD) is the official currency of Canada and the sixth most traded currency in global foreign exchange markets. Often called the "loonie" after the loon bird on its one-dollar coin, the CAD is closely correlated with commodity prices — particularly oil, as Canada is one of the world's largest oil exporters. The Bank of Canada manages monetary policy independently of the US Federal Reserve, though the close trade relationship between Canada and the United States means the CAD/USD rate is one of the most watched currency pairs.

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