The first family of real banknotes will be withdrawn from circulation! The Central Bank notifies

Starting a new page in Brazil’s economic history central bank The Bank announced a major change in the monetary complex: the cessation of the use of real banknotes before 2010. This change, implemented through normative instructions, marks another anniversary of the 30th anniversary of the real plan.

This measure involves the gradual elimination of banknotes of 2, 5, 10, 20, 50 and 100 reais, which have been widely used by the public since the introduction of the Brazilian currency in 1994. With the aim of modernizing and increasing the security of financial transactions, the Central Bank is starting to put the relevant withdrawal plan into effect.

What does it mean to stop old banknotes?

Replacing old and worn-out banknotes with updated and more secure versions meets the need to continuously improve fraud and counterfeit prevention mechanisms. This process not only facilitates the management of money in circulation, but also strengthens Brazilians’ confidence in their currency.

How important is the 10 riyal plastic note?

One of the highlights of this exchange is the 10 Real plastic note, which was first issued in 2000 to celebrate the 500th anniversary of the discovery of Brazil. The unique design and innovative materials have made this note a symbolic landmark and a highly sought-after collector’s item.

How will ballots be replaced?

Old banknotes will be replaced gradually, without the need for immediate replacement. Old banknotes will remain valid for an indefinite period of time, and will circulate normally alongside new banknotes.

1. How does the process work:

1. to retreat: It is natural for banks to collect old banknotes as people use them for payments or deposits.
2. Submit to the Central Bank: Banks will send old banknotes to the central bank.
3. to retreat: The central bank will securely destroy old banknotes.
4. replacing: Old banknotes will be gradually replaced with new banknotes with more modern security features and greater durability.

2. Important:

• There is no need to rush to replace your old banknotes. It will remain valid as normal.
• The replacement will be done gradually over time. The Central Bank has not set a deadline for withdrawing the old banknotes.
• You can use or deposit your old ballots as normal. Banks and ATMs will accept old banknotes without any problems.

3. Benefits of replacement:

• More security: The new banknotes have more modern security features, making counterfeiting more difficult.
• Greater durability: The new banknotes are more resistant to wear, which increases their useful life.
• to update: Replacing the old banknotes is an important step towards modernizing the Brazilian monetary system.

rest assured: Ballots will be replaced gradually and transparently, ensuring that residents have enough time to adapt to the changes.