Euro to Brazilian Real — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Brazil

Currency Code, Symbol: BRL, R$

Denominations of coins in circulation: 5, 10, 25, 50 centavos, and R$1

Denominations of banknotes in circulation: R$2, R$5, R$10, R$20, R$50, R$100

History: The Brazilian real (R$) is the national currency of Brazil, issued by the Central bank of this South American country. The currency is also known as BRL. One Brazilian real can be changed for 100 centavos.These coins are made out of stainless steel, and are decorated with traditional symbols. The Brazilian real replaced the short-term currency cruzeiro real in 1994. The government issued the new currency in spring, 2000. Banknotes were made out of polymer, because plastic is less susceptible to damage from humidity and high temperature. Today, polymer notes make 10% of total funds.Read More