Brazilian real

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/brazilian-real

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. Who wrote Brazilian real?Central Bank of Brazil
2. What is the official currency?Brazilian real (R$, BRL)
3. What is the subdivision?1 real = 100 centavos
4. When did Brazil start using the real?Brazil began using the real on July 1, 1994, replacing the old cruzeiro real.
5. Why did Brazil change its money to the real?Brazil switched to the real to stop hyperinflation, which made prices rise too fast and hurt the economy. The new money helped bring prices back down and made people trust the economy again.

Hyperinflation: Extremely rapid or out-of-control inflation, making money virtually worthless.
Emerging Market: A country with an economy that is transitioning from developing to developed.
Monetary Policy: Actions undertaken by a central bank to manipulate the money supply and credit conditions.
Exchange Rate: The value of one currency for the purpose of trading it for another.