Brazilian Real (R$) to US Dollar ($) 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.

US Dollar

The US Dollar (USD) is the world's primary reserve currency, involved in approximately 88% of all foreign exchange transactions globally. Established by the Coinage Act of 1792, the dollar transitioned to a pure fiat currency in 1971 when President Nixon ended its convertibility to gold — the collapse of the Bretton Woods system that had pegged all major currencies to the USD at fixed rates since 1944. Today the dollar serves as the global pricing currency for commodities including oil, gold, and most internationally traded goods.

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