A short history of Brazilian currencies for foreign collectors

is important to know that the first Brazilian currency, the “mil-réis”, existed until 1942, in the 20th century. There were centuries of existence of the same currency unit. Interestingly, from 1942 to 1994, in just 52 years, Brazil had seven other currencies. This was due to the high inflation rates in the period. From 1994 until today, the monetary standard is the “real”.