Catalog
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| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1994 |
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| Orientation | Coin alignment ↑↓ |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Central denomination numeral '1' and the text 'REAL' displayed prominently, flanked on either side by laurel sprays against a background of diagonal striping. The date of issue appears in the lower exergue. The overall composition is geometrically balanced with a formal, heraldic character. |
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| Additional information |
The 1 Real coin entered circulation on July 1, 1994, the same day Brazil launched the Plano Real — an economic stabilization program designed to end years of hyperinflation that had, at its peak in 1993, reached an annualized rate exceeding 2,000%. Finance Minister Fernando Henrique Cardoso structured the plan around a transitional currency unit before the real itself was introduced, a deliberate sequencing meant to psychologically break the inertia of constant price adjustment.
Stainless steel was chosen in part for its resistance to the kind of rapid debasement-driven reissues that had plagued earlier Brazilian coinage series.