Brazil Will Have a 200 Reais Note, What Can Be Bad? - News Geek

Brazil Will Have a 200 Reais Note, What Can Be Bad?

Central Bank announced the new Real banknote

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On the 29th, information was reported that took everyone by surprise, Brazil will have a new note, it is 200 reais. Even the animal that will be stamped on this 200 reais banknote has already been informed, the maned wolf, but why this animal? The justification is that he is a very rare animal to see, that's why he was chosen, in addition to being part of the Brazilian fauna.

Another reason was also that the animal was the third most voted in a poll to choose animals for new ballots. Yes, you read that right, third most voted animal, but this vote was made in 2001, the two most voted were the sea turtle and the golden lion tamarin, they were used, respectively, in the R$ 2 and R$ ballots 20.

We can't forget to tell you about when this note will start to circulate, do you know when it will be? It will be at the end of August, yes, there is less than a month to go before the circulation of the 200 reais note with the Maned Wolf.

But will there not be many notes circulating? O central bank informed that this will not happen, as it intends to reduce the printing of other banknotes, what do you mean? Instead of printing two 100 reais bills in Brazil, one 200 will be printed, instead of printing four 50 reais bills, it will only be one 200 reais.

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Memes About the 200 Reais Note

Memes about the 200 reais note
Memes About the 200 Reais Note, Look!

Because they chose an animal that represents Brazil, many memes emerged about the “Caramel Dog”, in practically every corner of Brazil there is a dog like this.

Other memes also suggested, for example, talking about not having access to such a high note, they were more or less like this: “200 reais bill will be released // I remembered that I can’t even pick up the 100 reais.”

Difficulty with Change

One of the many concerns of Brazilians would be the difficulty in receiving change, since it is very difficult to spend 100 reais, imagine 200 reais? Most likely you have already gone to buy something somewhere and noticed the seller's difficulty in finding change to give you. And by this I mean banknotes of lesser values, such as those of 50 reais and sometimes even those of 20.

Corruption

Here in Brazil it has become quite common to pass news in the newspapers saying that a politician was caught with a “Suitcase of Money”. This type of corruption happens because it is easier to launder money in cash than by bank transfer. After all, who would want to leave their name on illegal transfers?

With this new 200 reais note stamping a maned wolf circulating in Brazil, the population believes that the circulation of these bags of money will be easier. Ex, if before you needed two suitcases to transport a few million in cash, with the maned wolf (200 reais) now you will need only one.

This could even further increase the money embezzled by corruption here in Brazil.

Author

Ruan Jesus

My name is Ruan Henrique and I am a writer for News Geek among other sites belonging to Grupo SED. I also have a certain skill in organic growth of profiles on instagram.

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