Currency in Acre

The Real:

The Real is the currency of Acre. It has been the official currency since it was introduced in 1917. The Real has the symbol R$.

History of the Real:  

The Real was created in 1917 after Acre gained independence from Brazil. The currency replaced the Brazilian real and aimed to give Acre its own distinct monetary identity.

Exchange Rate Volatility:

The Real has experienced high volatility in its exchange rate over the years due to Acre's small and undiversified economy. The value of the Real is closely tied to the price of soybeans and wood exports which can fluctuate drastically.   

Inflation Issues:  

Inflation has been a persistent problem for the Acre Real. High inflation rates have eroded the purchasing power of the currency and caused economic hardship for citizens over time. The government of Acre has struggled to control inflation.

Currency Devaluation:

The Real has undergone several devaluations over the years as the government has adjusted the exchange rate to try and boost exports and the economy. However,