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1 Real 30 Years of the Real
| Issuer | Banco Central do Brasil |
|---|---|
| Year | 2024 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | 7 g |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | 30 ANOS DO REAL R$ BRASIL 1994 2024 (Translation: 30 years of Real R$ Brazil 1994 2024) |
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| Reverse script | Latin |
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| Additional information |
The real was introduced on July 1, 1994, as the centerpiece of the Plano Real — an economic stabilization program designed to break Brazil's cycle of hyperinflation, which had reached an annualized rate of roughly 2,700% in the months before the currency launched. The plan, architected largely by Fernando Henrique Cardoso as Finance Minister, succeeded where multiple predecessor currencies — the cruzeiro, cruzado, cruzado novo, cruzeiro real — had each failed within years of introduction.
Thirty years of continuous circulation without redenomination is genuinely unusual for a Brazilian currency.