Which currency is the official money of Brazil and has the ISO code BRL?

The official currency of Brazil with the ISO code BRL is the Brazilian real.

Brazil introduced the real in 1994 as part of the Plano Real economic plan. The reform was designed to end a period of severe inflation and replaced the cruzeiro real. The word “real” means “royal” in Portuguese and has historical links to earlier Portuguese and Brazilian monetary names.

The Brazilian real is divided into 100 centavos. Its symbol is R$, which helps distinguish it from other currencies called the real or currencies that use a plain dollar sign. The Central Bank of Brazil is responsible for issuing and regulating the country’s currency.