Posts tagged with "currency"

If you are used to Brazil’s money bills, prepare to say goodbye to them. Starting in April they will begin being replaced by new ones. The currency, Real, will remain the same. Only the design and size of the bills will be different.

The main reason behind this change is for security matters. The new bills should be a lot harder to copy and population should be able to recognize a legit more easily.

Also, the new bills will benefit the visually impaired as they’ll feature different sizes according to their value and embossed marks for better identification.

The new bills will start being released with 100 and 50 Reais bills in 2010. Then in 2011, with 20 and 10 and in 2012 with 5 and 2.

The older bills began being produced in 1994, when Real became the official currency in Brazil. They will still be used and will be gradually replaced by the new ones.

Below you can see how they’ll look like:

Brazil's new bills

Read more on:

http://www1.folha.uol.com.br/folha/dinheiro/ult91u688688.shtml
http://br.noticias.yahoo.com/s/03022010/48/manchetes-bc-lanca-nova-familia-notas.html
http://www.correiobraziliense.com.br/app/noticia182/2010/02/04/economia,i=171189/POR+QUE+E+COMO+AS+CEDULAS+VAO+MUDAR.shtml
http://www.clicrbs.com.br/diariocatarinense/jsp/default2.jsp?uf=2&local=18&source=a2798550.xml&template=3898.dwt&edition=14047&section=129

Today we’re going to look at the many changes Brazilian currency has undergone throughout history. To understand the difference in value of each currency, see here. Until recently, the Brazilian economy was quite unstable and inflation was often quite high, and as a result the currency changed many times. You’ll note that some of the currencies were used for less than a year!

  • Réis: used during the Portuguese empire and the new Republic, until 1942
  • Cruzeiro: used from 1942-1967
  • Cruzeiro novo: used from 1967-1970
  • Cruzeiro: used again from 1970-1986
  • Cruzado: used from 1986-1989
  • Cruzado novo: used from 1989-1990
  • Cruzeiro: used yet again from 1990-1993
  • Cruzeiro real: used from 1993-1994
  • Real: began use in 1994, still used today

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