The Brazilian Real is the currency in Brazil (BR, BRA).
Also known as Reals.
The symbol for BRL can be written R$.
The Brazilian Real is divided into 100 centavos.
1.61 BRL = 1.00 USD
Like the United States, Brazil's banking system has been technologized; however, Brazilian ATM's allow citizens the oppurtunity to pay any bill and print full account statements and blank checks.
Interest rates are very high in Brazil. For example, the interest rate for credit card balances hovers between 8% and 10+% per month and heaven help you if your payment is ever late (over 30 days) because the rate increases by an additional 50%.
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