Tags: Currency.
The real (/reɪˈɑːl/; Brazilian Portuguese: [ʁeˈaw]; pl. reais) is the present-day currency of Brazil. Its sign is R$ and its ISO code is BRL. It is subdivided into 100 centavos (hundredths).The modern real was introduced in 1994 when it replaced the old currency the cruzeiro as part of the Plano Real a substantial monetary reform package that aimed to put an end to three decades of rampant inflation.