ELI5: Explain Like I'm 5

Cifrão

Dear kiddo, do you know what money is? It's those little pieces of paper and metal that we use to buy things we want. Now, have you heard of the word cifrão? It's a special symbol that people use to represent money in some countries.

The cifrão looks like a big letter S with two vertical lines going through it. It is mainly used in Brazil and Portugal to represent the Brazilian real or the Portugal escudo. It’s like the dollar sign or the euro sign that you might see on prices.

The cifrão makes it easier and faster to write down money amounts. So instead of writing a lot of zeros or the full name of the currency, people can simply put the cifrão symbol before the amount of money they want to represent.

That's it, kiddo! Now you know that cifrão is a symbol for money commonly used in Brazil and Portugal to represent their currency.