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Apr 27, 2021

[Answer] In Brazil, the official currency is the Brazilian ___?

Step 1 : Introduction to the question "In Brazil, the official currency is the Brazilian ___?"



...Introduced in 1994, the Brazilian real replaced the cruzeiro real (which was only around for one year) as part of a plan to stabilize the country’s economy. Its initial exchange rate was 1:1 with the U.S. dollar, but in 2021 it is 1 real to 0.18 USD. Brazil is the largest country in South America by population, and economists consider it to be one of the strongest emerging markets. The term “real” means “royal” and “real” in Portuguese, the official language of Brazil.




Step 2 : Answer to the question "In Brazil, the official currency is the Brazilian ___?"



Real:


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