It is an artificial way of balancing the Trade deficit.
67%
There is no such thing as the Brazilian Dollar. Brazil's currency is the Real (plural: Reais). The woman in the Brazilian Real is physical representation of the Republic.
There's no such thing as a "brazilian dollar". The Brazilian currency is called "Real" (R$). 1 Real is weaker than 1 dollar. The exchange rate changes daily.
1 Brazilian Real = 0.43177 US Dollar 1 US Dollar (USD) = 2.31607 Brazilian Real (BRL) Median price = 0.43056 / 0.43177 (bid/ask) Minimum price = 0.42105 / 0.42977 Maximum price = 0.43309 / 0.43956 (www.onlineconversion.com)
The Portuguese word for "dollar" is "dólar" The Brazilian unit of currency that is the functional equivalent of the dollar in the US is the Real. As of February 2014, one Brazilian Real is worth about 0.42 US Dollars
$1 in American money is equal to that of 2.42 Brazilian Real. 2.42 Brazilian Real would be equal to 6655 mil cruzados.
One Brazilian Real is equal to almost 25 cents in the U.S. currency 1 Brazilian Real = 0,51 US Dollar (currency of May 21st, 2007)
1.6572 Brazilian Reals (BRL) is equal to 1 US Dollar.
Brazilian currency is the Real. The "cruzeiro" was a former currency. I don't know the current rate for the Real, something like 1.8 reais for one dollar.
Brazilian's currency is Real and the value isn't very stable because of the crise so the value of the money is very different although the US dollar is worth about double than Real
The Brazilians don't use dollars. Their currency is called Brazilian Real. (Pronounced "Ree-Ale").
The symbol of the Brazilian real is "R$". The real is the official currency of Brazil and was introduced in 1994 as part of a plan to stabilize the Brazilian economy. The symbol combines the letter "R" for "real" with a dollar sign, reflecting its function as a currency.