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BRL is the ISO 4217 code for the currency Brazilian Real. ISO 4217 is a standard international code given to currencies around the world for easy identification and recording purposes. It offers two types of codes – a 3 letter alphanumeric code and a 3 digit number code. BRL is the alphanumeric ISO 4217 code of the Brazilian Real currency.
Brazilian Real is the currency that is currently in use in Brazil and is denoted by the symbol R$. The Central Bank of Brazil issues the currency. A sub-unit of a Brazilian Real is called a “centavo”.
1 BRL = 100 centavos
The currency is available in denominations of 5, 10, 25, 50 centavos and R$ 1 for coins, and R$2, R$5, R$10, R$20, R$50, R$100 for notes.