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This began the rampant inflation in Brazil
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The currency rapidly increased in its inflaiton.
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The first series coins were released in 1994, made in 1, 5, 10, and 50 centavos.
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The Modern Brazilian Real replaced the Cruzeiro Real.
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The original 1-real coins dated 1994-1997 have been withdrawn from circulation
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The brazillian real, designed to be a 1:1 exchange rate to the U.S. dollar, became two reals to one dollar.
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The brazillian real exchange rate changed to 4 reals to one dollar.
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On 31 December 2005, BCB discontinued the production of the 1 real banknote
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As of the end of 2015, the exchange rate was 3.8 Reais to 1 U.S. dollar
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Brazil has already begun developing a E payment based infrastructure. Just like other Countries such as China, Turkey, and South Africa
