Brazilian Reale: history and unusual design

The Federal Republic of Brazil isthe world with its bright carnivals, hot climate and, of course, coffee plantations. Rio de Janeiro, for example, is known for its symbol - a statue of Christ the Redeemer. In general, Brazil is rich in attractions.

The country's cultural wealth can also be studied with the help of its currency: Brazilian reales are the national currency of the Republic, which can tell a lot about the history and unification of this state.

History of Brazilian Reales

The path to the introduction of a single national currency in theBrazil symbolizes the process of universal unification and the birth of an independent state. In the 17th century, the Spanish real was used on the territory of Brazil. In 1652, it was replaced by a Brazilian flight, it lasted almost 3 centuries, until 1942.

Heavy for the world economy, and Brazil in thatnumber, the crisis of 1942 led to a transitory depreciation of the flight. Therefore, the government decided to introduce a new currency - cruzeiro. Unfortunately, she too could not hold on to positions for a long time and depreciated finally in 1986.

To replace the lost value of the currency came a new- Cruzado. But economic practice showed instability, due to financial upheavals, the republic's leadership was forced again to make changes. So in 1993 appeared cruzeiro real, but, alas, the economic conjuncture was even more tense, leading to a rapid total denomination of this currency. On July 1, 1994, the Brazilian Reais entered the circulation.

To date, the currency has a stableposition and tends to a long stay in circulation. Since 1994, there have been several re-issues of money, which entailed qualitative changes in the attributes of authenticity identification.

The nominal and appearance of the Brazilian currency

It should be noted that the Brazilian reales are divided into centavos in the ratio of 1 to 100.

In circulation there are paper notes of the followingdignity: 1, 2, 5, 10, 20, 50, 100 reais. The banknotes of the republic have the same image on the front: a statue bust with a laurel crown, which is an allegorical symbol of the whole of Brazil. On the other hand, the choice of an image for the reverse side is unusual: each denomination depicts an animal living in Brazil and its coastal waters: a hummingbird, a sea turtle, a large white heron lake, a macaw parrot, a lion tamarin monkey, a jaguar and a grouper fish.

Brazilian reais, presented in the form of coins,have the following nominal: 1, 5, 10, 25, 50 centavo, 1 real. All of them are bimetallic, with the use of galvanized coating, and a coin of denomination in 1 real also has a brass bezel.

Brazilian Reais in the world foreign exchange market

Dynamics of the real rate in relation to the basketof world currencies is stable, however, in the last 2 years, with the conditional point of the report in 2013, the Brazilian currency shows an outpacing rate of decline, which is a negative sign of devaluation. The designation of the Brazilian real on the international financial market is BRL.

The daily USD / BRL chart is shown in the photo.

As of mid-January 2016, the market rate of the real to the basket of major world currencies:

USD / BRL 4.0161.
EUR / BRL 4.3679.
GBP / BRL 5.8023.
CAD / BRL 2.7996.
AUD / BRL 0.6966.
NZD / BRL 2.6225.
RUR / BRL 0.5000.