What is the currency of Brazil now?

What is the largest state in South America? Of course, this is Brazil. It was discovered by Pedro Cabral, the Portuguese navigator, more than 5 centuries ago. This country was underdeveloped, natural exchange replaced commodity-money relations. For 500 years, Brazil has changed dramatically.

Now this is a strong state with a stable currency. In recent years, the flow of tourists wishing to visit the country has increased significantly. We can say that for Brazil came the "golden age". Now the state is the second largest tourist flow among the countries of South America.

Currency

The future tourist, acquiring a ticket to this exotic country, always wonders what currency of Brazil and where to take it. These and many other tasks will always help to solve the agency.

The national currency of Brazil is real (R $). In circulation there are both banknotes in denominations of 1, 5, 10, 50, 100, and coins - centavo (100 centavo - 1 real) - 1, 5, 10, 26 and 50, as well as 1 real. Despite the fact that the monetary units for many years have been renamed and depreciated, now the currency of Brazil is one of the most stable in the world. And all thanks to tourism and international trade.

Modern Brazilian banknotes are issued not only in paper form. The commemorative denomination of 10 real is made of soft plastic. Although practical it is much inferior to ordinary banknotes. The paint on it is very quickly erased, so the life of a plastic bill is only six months.

Tourists going on vacation, you need to know that the currency of Brazil has certain difficulties in the exchange and purchase. The state is very strict about importing its currency from abroad. That is, it is not desirable to acquire the Brazilian Reais outside the country. The best way out of this situation is to exchange money as needed in Brazil itself. At the same time, you should know that in hotels the exchange rate is the lowest, it is best to contact the bank or to special points - Cambios. These exchangers can be found at airports, train stations, in many hotels and hotels. In addition to reals, in many retail outlets and entertainment centers you can pay for purchases and US dollars. Export of Brazilian reales abroad is strictly prohibited. This should be remembered for all tourists who are already leaving this beautiful country. Unfortunately, the reverse exchange is carried out at a very low and unprofitable exchange rate. Therefore, it is recommended that you buy Brazilian currency in small portions as you spend.

How to distinguish a counterfeit bill

In order not to fall for the bait of scammers, you should not buy real money from your hands. And although it is not difficult to distinguish false bills from real ones for local residents, foreigners need to know how to do it correctly. The current Brazilian currency has watermarks, stripes and identification identifiers for people with poor eyesight. Features of the real - the presence of very small letters in certain areas of the bill, which can be seen only with a magnifying glass.

In front of each banknote, the signatures of the Minister of Finance and the President of the Central Bank of Brazil should be printed. They are also almost impossible to forge. At the slightest doubt, the authenticity of the note can always be checked in the bank on the currency detector. Also, for tourists, when exchanging or for delivery, you can slip the old-fashioned reals or even the cruzeiro, which has long since emerged from circulation. To avoid this, you need to carefully study the appearance of coins and banknotes in circulation.

Exchange

Now, knowing exactly what currency in Brazil, how correctly and where it can be exchanged, the tourist has to remember a few important points:

1. In many retail outlets there is a shortage of changeable money. Therefore, when exchanging, you need to ask the cashier to give out the amount in small bills.
2. Banks in this country work on weekdays, that is, from Monday to Friday, from 10 to 16 hours. Only in airports and railway stations you can find 24-hour offices.
3. Brazilian ATMs issue money strictly from 6am to 10pm. It is desirable to use the VISA card. The remaining cards are accepted reluctantly and not everywhere. This nuance should also be taken into account by those who are accustomed to paying the card.

Conclusion

The Brazilian currency is considered stable and relatively expensive in the world. Its import and export are strictly regulated, and for this a special license is needed. Any other currency can be freely imported and exported from the country, provided that the amount above 10,000 dollars in equivalent is declared.