1994 · Plano Real Brazil · Brazilian Real

Fernanda Luz

An entire nation had to be tricked into believing in her before she could become real.

Fernanda Luz

Museum objects

1 shown · 4 cited but not shown. An image only appears here if it is openly licensed and confirmed to depict the object we claim. Otherwise we cite it and link you to the museum — we would rather show you nothing than show you the wrong thing.

Peça da Coroação (Coronation Coin of Pedro I)

Peça da Coroação (Coronation Coin of Pedro I)

Museu de Valores, Banco Central do Brasil · Peça da Coroação 1822 (1 of 64) · 1822
An extremely rare commemorative gold coin from Pedro I's coronation, with only 64 ever minted.
Nearly two centuries before Fernanda existed, Brazil's very first independent ruler was already trying to prove his new nation was worth something in gold.
Shown: an openly-licensed image of the same object type. The object cited above is held at Museu de Valores, Banco Central do Brasil.
Image: Julius Meili · source · Public domain
open licenceBanco Central do Brasil — open data policy, view at museum ↗
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URV historical records
Banco Central do Brasil Archive
no openly-licensed image yet — cited, not shown
View it at the museum ↗

Unidade Real de Valor (URV) Documentation

Banco Central do Brasil Archive · URV historical records · March-June 1994
Records of the URV, a purely virtual accounting unit used to psychologically recalibrate prices before the real's physical launch.
Fernanda existed as an idea before she existed as money — an entire country had to practice believing in her before she was allowed to be real.
open licenceBanco Central do Brasil — open data policy, view at museum ↗
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Collor Plan 1990 archive
G1/Folhapress Archive
rights not cleared — cited, not shown
View it at the museum ↗

Collor Plan Confiscation Photograph

G1/Folhapress Archive · Collor Plan 1990 archive · March 1990
A photograph of Economy Minister Zélia Cardoso de Mello announcing the 1990 freeze on Brazilian savings accounts.
Before Fernanda could be trusted, Brazil had to go through this — an entire generation watching their savings get frozen overnight by the government.
rights not clearedGrupo Globo — all rights reserved. Citation view at museum ↗
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Museu de Valores general collection (125,000+ items)
Museu de Valores, Banco Central do Brasil
no openly-licensed image yet — cited, not shown
View it at the museum ↗

Museu de Valores Numismatic Collection

Museu de Valores, Banco Central do Brasil · Museu de Valores general collection (125,000+ items) · Various
Brazil's central bank museum, home to over 125,000 numismatic items spanning the country's entire monetary history.
Every failed currency that came before Fernanda — cruzeiros, cruzados, and more — sits in this collection, a graveyard of broken promises she had to overcome.
open licenceBanco Central do Brasil — open data policy, view at museum ↗
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Plano Real launch documents
Banco Central do Brasil
no openly-licensed image yet — cited, not shown
View it at the museum ↗

Plano Real Official Launch Documentation

Banco Central do Brasil · Plano Real launch documents · July 1, 1994
Official documentation of the Plano Real, the economic stabilization plan that introduced the Brazilian real.
This is the day Fernanda finally became real — after years of hyperinflation and five failed currencies, Brazil finally got one that stuck.
open licenceBanco Central do Brasil — open data policy, view at museum ↗

Primary sources

The documents themselves. We link and quote — that is citation, and it needs no licence.

Where this money travelled

Fernanda was carefully engineered into existence through the Plano Real after decades of hyperinflation, and has since anchored Latin America's largest economy.

Brasília (BCB Museum)-15.7939, -47.8828
Rio de Janeiro-22.9068, -43.1729
São Paulo-23.5505, -46.6333
Amazon Rainforest-3.4653, -62.2159
Pantanal-17.6000, -57.3500

What we don't know

The page no competitor will build.

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