Countries that use the Real
The Real was established in 1994 as an official national currency and is used only in Brazil. 1 Real is devided into 100 Centavos.
1.00 Real = 0.26 US Dollar
Exchange rate history 10 BRL in USD
Real as currency
Currency reserves for the Real
According to the International Monetary Fund, the total broad money (M3) amounted to BRL 6,506.32 billion at the end of 2017. For currency hedging, reserves were held in a total amount of 1,193.44 billion Reals. This corresponds to a ratio of 1:5.5. In other words: Not even 1 of 6 Reals is deposited with a countervalue.
Approximately 9.0 billion Reals (0.8%) of the currency reserves exist in gold reserves, the remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.Worldwide currency and gold reserves
All information without guarantee.