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The Brazilian Real is the currency of Brazil. Our currency rankings show that the most popular Brazil Real exchange rate is the EUR to BRL rate. The currency code for Real is BRL, and the currency symbol is R$. Below, you'll find Brazilian Real rates and a currency converter. You can also subscribe to our currency newsletters with daily rates and analysis, read the XE Currency Blog, or take BRL rates on the go with our XE Currency Apps and website.
The economy of Brazil is the world's eighth largest economy by nominal GDP and eighth largest by purchasing power parity. The Brazilian economy is characterized by a mixed economy that relies on import substitution to achieve economic growth. Brazil has an estimated US$21.8 trillion worth of natural resources which includes vast amounts of gold, uranium, iron, and timber. As of late 2010, Brazil's economy is the largest of Latin America and the second largest in the Americas. From 2000 to 2012,