Brazilian Real is the basic unit of currency in Brazil. Brazilian Real's ISO code is BRL. On July 1st, 1994, the Brazilian government introduced the new brazilian currency. The Real (iso code: BRL) stands in for the Real cruzeiro (iso code:BRR). The exchange rate was made on the base of 1 BRL for 2750 BRR. The exchange rate of the Real has been floating since January 15th, 1999.