The Central Bank will begin withdrawing the first family of real banknotes from circulation. The information is contained in a standard instruction from the BC last Wednesday (10). This measure is supposed to remove from circulation the first generation of banknotes of 2 Brazilian reals, 5 Brazilian reals, 10 Brazilian reals, 20 Brazilian reals, 50 Brazilian reals and 100 Brazilian reals, which were produced between 1994 and 2010 – when the second family of banknotes entered circulation, bringing more security elements, such as the difference in the size of the note for each value.
The regulations state that banks that receive bonds from the First Family must send them through deposit or exchange operations to a custodian institution, which will then send them to the Central Bank of Brazil. The BC will carry out the disposal process. The banknotes will go out of circulation after their expiration, but anyone who still has one of these banknotes in their pocket should not worry, because they are still valid.
The rare “plastic” 10 Brazilian real note, made of polymer and launched in 2000 to celebrate the 500th anniversary of the discovery of Brazil, will also be taken out of circulation. The note has already become a collector’s item: a quick search on currency websites suggests it could fetch up to 250 Brazilian reals.
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Real banknotes were launched on July 1, 1994. Banknotes were launched in denominations of 1 Brazilian real (which was no longer produced in 2005), 2 Brazilian reals, 5 Brazilian reals, 10 Brazilian reals, 20 Brazilian reals, 50 Brazilian reals, and 100 Brazilian reals, all of which feature images of animals. The second royal family retained the images of animals. The most recent real banknote, launched in September 2020, is the 200 Brazilian real banknote, which features an image of a maned wolf.
