Brazil's economy is getting absolutely hammered.

Last week Business Insider's Myles Udland charted the awful data coming out of Brazil. Business and consumer confidence and retail sales are slumping, while inflation and unemployment are picking up.

And the country's currency, the Brazilian real, is feeling it. On Tuesday it hit a level it's never seen before — a single US dollar now buys you more than 4 reals.

The currency has halved in value since early 2013, and lost a third of its value since the start of 2015 alone.

Even if you go back much further, the real has never been quite this weak. Less than 20 years ago the currency was actually worth more than the dollar:

The slump in the real (or the surge in the dollar, depending on how you look at it) even outstrips the crisis in the early 2000s.

Capital Economics lists a bundle of reasons that the current sell-off is worse than it was in the early noughties: