Q:

What currency does Brazil use?

A:

As of 2014, the currency that is in use in Brazil is the real. The real was introduced in 1994 and issued at par at the time with the U.S. dollar.

In keeping with its U.S. dollar par value at the time of issuance, the real comes in denominations of 1, 2, 5, 10, 20, 50 and 100 real notes. The 1 real note is no longer printed, although it is available as a coin. The real is worth 100 Brazilian centavos, which are coins available in 1, 5, 10, 25 and 50 denominations. Since its introduction, the real has moved away from the dollar in value.

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