Convert United States Dollar to Brazilian Real
Please provide values below to convert United States Dollar [USD] to Brazilian Real [BRL], or Convert Brazilian Real to United States Dollar.
How to Convert United States Dollar to Brazilian Real
1 USD = 0.179629962277708 BRL
Example: convert 15 USD to BRL:
15 USD = 15 × 0.179629962277708 BRL = 2.69444943416562 BRL
United States Dollar to Brazilian Real Conversion Table
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.