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Fintech, cards and transfers — BRL

Fintech cards (Revolut, Wise, N26...), payment networks (Mastercard, Visa) and international transfer services for BRL/RON.

Provider Status You buy BRL You sell BRL Spread Category
Mastercard
LIVE 0.8953 0.9133 2.01% network
N26 ↪EUR
LIVE 0.8953 0.9133 2.01% card
Visa
LIVE 0.8934 0.9152 2.44% network
Paysera ↪EUR
IBAN RO 0.8907 0.9179 3.05% card est.
Monese ↪EUR
LIVE IBAN RO 0.8862 0.9224 4.08% card
MoneyGram
LIVE 0.8745 0.9341 6.82% transfer
Western Union
LIVE 0.8726 0.9360 7.27% transfer
PayPal ↪EUR
LIVE 0.8681 0.9405 8.34% transfer

Spread = half-spread relative to BNR. Services marked with ↪EUR perform double conversion via EUR when they lack direct RON support.

History BRL/RON (last 30 days)

Week Mon Tue Wed Thu Fri

About Real brazilian (BRL)

The Brazilian real (BRL) is the currency of Brazil, introduced in 1994 through the Plano Real, a reform that ended the country's chronic hyperinflation. Banknotes feature the allegory of the Republic (Efigia da Republica) on the obverse and animals specific to Brazilian fauna on the reverse. BRL is the main currency of South America and a commodity currency, linked to exports of soybeans, iron ore, meat, and sugar. The exchange rate is freely floating, managed by the BCB.

Country/Zone
Brazil
Central Bank
Banco Central do Brasil (BCB)
Symbol
R$
Denominations
Banknotes: 2, 5, 10, 20, 50, 100, 200 BRL. Coins: 5, 10, 25, 50 centavos, 1 BRL.

How to recognize counterfeit banknotes of BRL

1
Watermark: The Efigia da Republica and denomination visible against light.
2
Security thread: Embedded metallic thread with microtext and denomination value.
3
OVI ink: The denomination number changes color when tilted (green-blue).
4
UV: Fluorescent fibers and elements visible under ultraviolet light.
Important: If you suspect you have a counterfeit banknote, do not try to use it. Take it to the nearest bank or police station.

Import/Export rules BRL — Romania and EU

Import (entry into Romania)

Brazil requires the declaration of cash amounts exceeding the equivalent of 10,000 BRL upon entry/exit (Receita Federal). Brazil is outside the EU.

Export (exit from Romania)

Upon leaving Brazil, the same declaration threshold of the equivalent of 10,000 BRL applies. At EU external borders, a declaration of the equivalent of 10,000 EUR is required.

EU EU rules

Brazil is a third territory — mandatory declaration at EU external borders (equivalent of 10,000 EUR).

General EU rule: Any person entering or leaving the EU with cash amounts of 10,000 EUR or equivalent must declare them at customs (EU Regulation 2018/1672). Non-declaration can lead to confiscation of the amount and fines.

Banknotes BRL in circulation

Value Size Color Theme / Portrait Duration
2 BRL 121 x 65 Blue Effigy of the Republic (reverse: turtle) ~2 years
5 BRL 128 x 65 Purple Effigy of the Republic (reverse: heron) ~2 years
10 BRL 135 x 65 Red Effigy of the Republic (reverse: macaw) ~3 years
20 BRL 142 x 65 Yellow Effigy of the Republic (reverse: tamarin monkey) ~3 years
50 BRL 149 x 70 Brown/beige Effigy of the Republic (reverse: jaguar) ~4 years
100 BRL 156 x 70 Blue Effigy of the Republic (reverse: dorado fish) ~5 years
200 BRL 142 x 65 Grey Effigy of the Republic (reverse: maned wolf) ~5 years
Material
Cotton paper
Durability
Small banknotes (2, 5 BRL) wear out in ~2 years; large ones (100-200 BRL) last 4-5 years

Coins BRL in circulation

Value Material Weight Diameter
5 centavos Copper-plated steel 4.1g 22.0mm
10 centavos Bronze-plated steel 4.8g 20.0mm
25 centavos Bronze-plated steel 7.55g 25.0mm
50 centavos Cupronickel / stainless steel 7.81g 23.0mm
1 BRL Bimetallic (steel-copper ring + steel-nickel core) 7.0g 27.0mm

🔍 Banknotes BRL easily confused

10 BRL and 100 BRL

The red (10) and blue (100) are different, but at a quick glance they can be confused; the value difference is 10x

TIP 100 BRL is larger (156mm vs 135mm) and blue; check the animal on the reverse
5 BRL and 100 BRL

The purple (5) and blue (100) may seem related in low light

TIP 100 BRL is noticeably larger; 5 BRL is a small purple banknote with a heron

Monetary policy — Banco Central do Brasil (BCB)

Headquarters
Brasília, Brazilia
Founded
1964
Inflation target
~3% (+/-1.5%), set by the National Monetary Council
Decision frequency
The Monetary Policy Committee (Copom) meets 8 times a year
Main tools
Selic rate (benchmark interest rate)
Open market operations
Reserve requirements
Foreign exchange interventions
Independence: BCB has formal independence (legal autonomy since 2021)

The role of BRL in the global economy

World reserves
Small (~0.2% of global foreign exchange reserves)
Daily volume
~$70 billion/day
SWIFT share
Under 0.5% of SWIFT payments
World rank
Main currency of South America; ~20th most traded (BIS 2022)

Countries where BRL is the official currency

Brazil
Also used in: Informally accepted in border areas of neighboring countries

🛃 Cash transport limit BRL without declaration

No declaration
Under 10,000 BRL equivalent
Declaration required
Over 10,000 BRL equivalent when entering/leaving Brazil
EU threshold of 10.000 EUR57.958 BRL at today's BNR rate.
Regulation: Receita Federal do Brasil + EU Regulation 2018/1672 at EU borders
Penalties: Confiscation and fines

Advantages of BRL as a currency

Main currency of South America — the continent's largest economy
Commodity currency — correlated with exports of soybeans, iron ore, meat, and sugar
Pix instant payment system — one of the most advanced in the world
Central bank with enhanced credibility after legal autonomy in 2021

💡 Fun facts about BRL

1
The Real was introduced in 1994 through the 'Plano Real', the reform that ended Brazil's chronic hyperinflation (which reached thousands of percent per year)
2
The reverse of each banknote features an animal from Brazilian fauna: turtle, heron, macaw, jaguar, maned wolf, etc.
3
The 200 BRL banknote, issued in 2020 with a maned wolf, was urgently released due to cash demand during the pandemic
4
The front of the banknotes features the 'Efígia da República', a feminine allegory of the Brazilian Republic, in the form of a sculpture
5
Pix, the instant payment system launched by Banco Central in 2020, has become the most used payment method in Brazil, surpassing cards
6
Brazil had several currencies throughout the 20th century (cruzeiro, cruzado, cruzeiro real) before stabilizing with the real
7
The name 'real' comes from the old Portuguese colonial currency used in Brazil until the 19th century

Crypto and currency exchange regulation — Brazilia

Crypto status
LEGAL and regulated — crypto is not legal tender but is legally recognized
Regulatory authority
Banco Central do Brasil (regulatory authority since 2023) + CVM for security tokens
Exchange/currency exchange license
The licensing framework for virtual asset service providers is established by Law 14.478/2022, implemented by BCB
Crypto taxation
Crypto gains are taxed; monthly transactions above a threshold must be declared to Receita Federal
AML / KYC
Mandatory AML/KYC rules for virtual asset service providers, in line with FATF standards
Brazil adopted Law 14.478/2022 (legal framework for virtual assets), with Banco Central becoming the regulatory authority in 2023; it is also launching the digital real (Drex), a CBDC project

💰 How much does 1,000,000 BRL (~167,000 EUR)?

Banknotes
5.000
banknotes of 200 BRL
Weight
5.0 kg
About the weight of a 5 kg bag of potatoes
Volume
A stack about 55 cm high
Fits in a backpack