StandardNBR

StandardNBR, also known as Standard New Brazilian Real, is a currency standard used in Brazil. It was introduced in 1994 to replace the previous currency, the Cruzeiro. The StandardNBR is divided into 100 centavos. The currency code for the StandardNBR is BRL. The Brazilian Central Bank, known as Banco Central do Brasil, is responsible for the issuance and regulation of the StandardNBR. The bank notes and coins of the StandardNBR are widely accepted throughout Brazil. The StandardNBR is also used in the Brazilian economy for international trade and financial transactions. The currency has been stable and has helped Brazil maintain a strong economy. The StandardNBR is an important part of Brazil's financial system and plays a crucial role in the country's economic development.