Next month (Nov. 2010) Brasil will introduce new paper currency to replace the old Reals. The purpose of doing so is to cut down on counterfeiting, which had become a big problem.

Here are pics of the new bills:




Back of the new R$50 bill


Back of the new R$100 bill

Sorry...trying it again.

Any idea when the old bills will be rejected? I have a stack of 100s sitting in Arizona.

Speaking of Brazilian currency, here is an article that bears on the value of the real as well as other currencies.

"Brazil in 'International Currency War': Finance Minister"

http://www.cnbc.com/id/39394429

BL,

I think your R$100 reais notes are out of date and totally worthless. Since you're a good friend, just send them to me and I'll properly destroy them for you. Of course, my service is free of charge.

Anyone else out there with a similar problem--I'll provide the exact same service.

Jag

Bluelight, maybe you can send them to that hooker who tried to have you killed.......

Catocony is such a sweety, isn't he?

The above post by Jaguar really shows what a great guy he is! Always there to help and assist. Thank you Jag for being a helpful member of CH. I am going to look for all my Brazilian currency and will send to you for destruction. - Gracias Amigo. - Hemp

Jag,

Here's some of your requested out of date currency. Please see to it's proper destruction.

Jag please check CFK's currency as it might be counterfeit? If so report him to the authorities asap. I never did trust the guy! - Thanks Hemp

It's from my stipend for apartments..........

Glad to help out as well....I even go further and offer USD$1.00 for every R$50 of the outdated currency. Obviously an offer that cannot be refused!

Who bought the box of Iraqi dinars last year in the belief that that currency is going to increase 10,000% against the dollar because the old pre-war (as in Desert Storm, aka 1990) was 1:1 and the rate is due to go back to that? I would love to know how that investment has been coming along.

BL-

I'll play the straight man here. To answer your question, the old currency will continue to be valid, but expect that some places will be a little hesitant when you try to pass a blue R$100 bill. If you're worried, take the old bills to any bank and ask to exchange them for new ones.

The other option is to take Jag up on his offer. Having never known any of Jag's ideas to pan out well, I'd recommend you stick with the first option.

next thing you know those Brazilian whores will want to be paid in GOLD....at $1300 US that is a lot of leche

I'm interested in that Iraqi Dinar scam also. It's that hooker who has a contract out on me is the reason I've not been back to spend that stack of Reals. Jaguar why wouldn't I just burn them myself and save the postage?

Thank you Bwana.

BL,

"Jaguar why wouldn't I just burn them myself and save the postage?" Why? Because the fucking Feds would be all over you for violating EPA standards in Arizona. Fortunately I live in Pennsy, a state that allows local Townships to set standards, not the Feds. Consequently, I could take your Reais and burn them at the curb with all the oak leaves I've raked up. Ironically, I don't have an oak tree on my property--across the street fucking Wolf has six--I really hate him in Autumn. Come to think of it, I hate him in Winter, Spring, and Summer, too.

Did I answer your question? And maybe just saved your ass? Oh yeah, don't forget to send your reais!

Jag