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Pesos, Real, Bolivar and Sol: Latin America’s colorful world of currencies

Latin America is not just about carnivals, Iberian languages, joie de vivre, drug cartels, and endless TV shows.

It is also a monetary world of countries on the continent, a currency jungle that is not easy to navigate.

For example, the monetary unit of Latin America's largest country in terms of area and population - Brazil - has been the real (BRL) since 1994.

However, this was not always the case. In the twentieth century alone, this country's currency changed several times.

The real, the cruzeiro, the new cruzeiro, then one thousand new cruzeiros were replaced by a cruzado, and . . .

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