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The Brazilian real (pl. reais; sign: R$; code: BRL) is the official currency of Brazil. It is subdivided into 100 centavos. The Central Bank of Brazil is the central bank and the issuing authority. The real replaced the cruzeiro real in 1994. As of April 2019, the real was the twentieth most traded currency. [1]
Not considering inflation, one modern Brazilian real is equivalent to 2,750,000,000,000,000,000 times the old real, that is, 2.75 × 10 18 (2.75 quintillion) réis. Before leaving Brazil in 1821, the Portuguese royal court withdrew all the bullion currency it could from banks in exchange for what would become worthless bond notes; [12] [13]
The effigy is a representation of a young woman wearing a crown of bay leaves in Roman style and a phrygian cap.It is present in allegoric paintings and sculptures displayed in government buildings throughout Brazil, and engraved on Brazilian real coins and banknotes.
This is a list of current motifs on the banknotes of different countries. The customary design of banknotes in most countries is a portrait of a notable citizen on the front (or obverse ) and a different motif on the back (or reverse ) - often something relating to that person.
Until 1747 the Brazilian real was the same as the Portuguese real, with the gold peça of 13.145 g fine gold worth 6,400 réis or 6 400. After that date, however, the Brazilian real started to become a separate currency unit when the value of the peça was raised by 10% in Brazil (but not in Portugal) to 7,040 réis . [ 2 ]
This is a list of people on the banknotes that are no longer in circulation. The customary design of banknotes in most countries is a portrait of a notable citizen (living and/or deceased) on the front (or obverse ) or on the back (or reverse ) of the banknotes, unless the subject is featured on both sides.
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"Deus seja louvado" (In English, "God be praised") is an expression displayed in the left bottom part of all Brazilian real currency banknotes. [1] It exists since the 1980 decade, when the then President of the Republic, José Sarney, openly Catholic, [2] asked the Banco Central (Central Bank) to include the phrase in the cruzado coin.