REAIS Meaning and
Definition
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Reais is a plural noun in Portuguese, the official language of Brazil, and it is also the name of the official currency of Brazil. The word "reais" directly translates to "real" in English, and it is the basic unit of currency in Brazil.
In terms of its currency usage, reais can be subdivided into smaller denominations, such as centavos. For example, 1 real is equivalent to 100 centavos. Reais are used for everyday transactions in Brazil, whether it be for the purchase of goods and services or in financial transactions.
The symbol for reais is "R$", with the letter "R" representing "real" and the currency sign "$" signifying its monetary status. It is common to see prices and monetary values denominated in reais on price tags, menus, and financial statements throughout Brazil.
The Central Bank of Brazil is responsible for the issuance and regulation of the reais currency. It controls the amount of money in circulation and monitors its value against other currencies. The value of the reais fluctuates in exchange rates with other currencies and is subject to market conditions and economic factors that influence the Brazilian economy.
Additionally, the term "reais" can also be used in a broader sense to refer to any real or genuine thing or concept. This colloquial usage is not specific to Brazil's currency but can be found in other contexts where authenticity or reality is being discussed.
Common Misspellings for REAIS
Etymology of REAIS
The word "reais" is the plural form of "real" in the Portuguese language. The origin of the word can be traced back to the Latin term "regalis", meaning "royal" or "of a king". In Portugal, the currency was historically known as "real" due to its association with the Portuguese royal family. The term "real" then spread to other Portuguese-speaking countries, including Brazil, where it became the name of their currency.
Similar spelling words for REAIS
- Rewis,
- rehash,
- Reza,
- reuse,
- reuss,
- resew,
- RESS,
- reiss,
- rescue,
- rega,
- reusch,
- Resch,
- Reese,
- reys,
- recio,
- resh,
- Ressie,
- Reis,
- Reyes,
- Rees,
- reisch,
- reseau,
- reissue,
- reich,
- Reiko,
- res,
- Rex.
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