When planning a trip to Brazil, it’s crucial to understand the currency of Brazil. The country uses the Brazilian real (BRL) as its official currency. Knowing the name of the currency of Brazil, its exchange rates, and how to handle money while in Brazil will help you have a smoother experience, whether you’re traveling or doing business.
What Currency Does Brazil Use?
Brazil’s currency is the Brazilian real (plural: reais). The symbol for this currency is R$, which is commonly seen on banknotes and coins.
The Brazilian real was introduced in 1994 as part of a plan to stabilize the Brazilian economy, and it replaced the older cruzeiro real. The real is divided into 100 centavos.
Brazil’s currency is only used within the country. For those unfamiliar with Brazilian currency, it’s helpful to know how to manage your money while traveling.
Denominations of the Currency in Brazil
The currency of Brazil comes in both coins and banknotes, which can vary in value. Understanding these will help you navigate transactions in the country.
Coins:
- 5, 10, 25, 50 centavos
- R$1 (1 real)
Banknotes:
- R$2
- R$5
- R$10
- R$20
- R$50
- R$100
- R$200
When dealing with Brazil’s currency in everyday transactions, it’s essential to be familiar with these denominations. Larger bills like the R$100 and R$200 are commonly used for significant purchases or in more urban areas.
Can You Use US Dollars in Brazil?
While US dollars may be accepted in some tourist-heavy areas, such as international airports or high-end hotels, it is recommended to use the currency of Brazil when traveling around the country.
This ensures that you’re not dealing with unfavorable exchange rates or the confusion of paying with a foreign currency.
In Brazil, almost all transactions will require you to use the Brazilian real. The currency Brazil uses is universally recognized and will be your go-to method of payment during your stay.
Currency Exchange Rates
One of the most important factors to consider when traveling to Brazil is the exchange rate for converting currency of Brazil to US dollars or other currencies like Naira. Exchange rates fluctuate, so it’s best to check current rates before you travel.
How Much is $100 in Brazil Currency?
As of today, $100 is roughly equivalent to R$568. The exchange rate can fluctuate, but it’s helpful to know this approximation when budgeting for your trip. How much is $50 in Brazilian currency? That would be about R$284, depending on the exchange rate at the time.
How Much is 1000 Dollars in Brazil Currency?
If you’re traveling with larger amounts of money, understanding how much 1000 dollars is in Brazilian currency can help. USD 1000 equals about R$5,684. This can be useful for people planning for extended stays or larger purchases in Brazil.
Currency Brazil to Naira
For those who need to convert Brazil’s currency to Naira, exchange rates fluctuate similarly. As of April 2025, 1 Brazilian real (BRL) is worth approximately 275 to 307 Naira, depending on where you exchange your money.
How to Handle Money in Brazil
It’s advisable to carry both cash and credit cards while in Brazil. Many places in larger cities accept credit and debit cards, but when traveling to smaller towns or local markets, it’s best to have Brazilian reais on hand.
Currency in Brazil to Naira
When converting Brazilian currency to Nigerian currency, you should monitor the exchange rates, as they can vary.
It’s common for people to exchange Brazil’s currency for Naira through local banks or exchange services to get the best rate. Many travelers also use apps or services like Wise to track real-time rates.
Wrap-Up
Understanding Brazil’s currency is essential for any trip to the country. The Brazilian real (BRL) is the official currency Brazil uses, and being familiar with its exchange rates and denominations will help you manage your money effectively.
Whether you’re converting Brazilian currency to US dollars or need to know how much Brazilian currency to Naira, staying informed will help you make the most of your visit.
By preparing ahead and understanding how money works in Brazil, you’ll be able to enjoy your time in the country without the stress of financial misunderstandings.
Article updated 3 weeks ago. Content is written and modified by multiple authors.
