Brazilian real (old)
| Brazilian real | |
|---|---|
| real (Portuguese) | |
500 réis Treasury note from 1880
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| Denominations | |
| Subunit | |
| 1/1000 | real |
| Plural | réis |
| Symbol | Rs |
| Banknotes | |
| Freq. used | 500, 1$000, 2$000, 5$000, 10$000, 20$000, 50$000, 100$000, 200$000, 500$000 |
| Rarely used | 30$000, 1:000$000 |
| Coins | |
| Freq. used | 20, 50, 100, 200, 400, 1000, 2000 |
| Rarely used | 40, 80, 300, 320, 960 |
| Demographics | |
| User(s) |
Empire of Brazil United States of Brazil (First Brazilian Republic and Vargas Dictatorship) |
| Issuance | |
| Central bank | Thesouro Nacional |
| Printer | American Bank Note Company |
| Mint | Casa da Moeda do Brasil |
| Valuation | |
| Inflation | 1,5% (1880) 41% (1890) 13% (1900) 6% (1930) |
| Source | Consumer price index |
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This infobox shows the latest status before this currency was rendered obsolete.
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The first official currency of Brazil was the real (pronounced [ʁeˈaw]; pl. réis). Its sign was Rs$. As the currency of the Portuguese empire, it was in use in Brazil from the earliest days of the colonial period, and remained in use until 1942, when it was replaced by the cruzeiro.
The name real was resurrected in 1994 for the new currency unit (but with the new plural form reais). This currency is still in use. One modern real is equivalent to 2.75 × 1018 (2.75 quintillion) of the old réis.
The name comes from the Portuguese word real (in the sense of "royal") and was borrowed from a Portuguese currency previously used in Brazil.
The dollar-like sign in the currency's symbol (and in the symbols of all other Brazilian currencies), called cifrão in Portuguese, was always written with two vertical strokes () rather than one.
The Portuguese real was the currency used by the first Portuguese settlers to arrive in the Americas, but the first official money to circulate bearing the name "real" was actually printed in 1654 by the Dutch, during their occupation of part of the Brazilian Northeast.
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