Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
 

Brazilian real Exchange Update, Chart & History

BRL Markets Update - Our review of Brazilian real Forecasts and News plus Charts and Historic Rates. Check BRL Trends over various time periods.

 

Brazilian real (BRL) Market Update

The USD to BRL exchange rate has been trading near 7-day highs around 5.0156, reflecting a 1.4% increase over its 3-month average of 4.9469. This stability comes amid a broader range of 3.7% for the pair, oscillating between 4.8525 and 5.0306. Brazilian Real, being a commodity currency, is influenced by fluctuations in commodity prices such as oil and soybeans. With oil prices also soaring to 90-day highs around 87.50, 7.2% above its 3-month average of 81.61, the BRL can be impacted by these movements, given Brazil's status as a significant oil exporter.

Despite the recent strength in the US dollar, supported by positive economic indicators and reduced expectations for Fed rate cuts, market analysts anticipate a potentially weaker dollar in the near term. The current market view suggests that the Fed might still opt for interest rate cuts, albeit delayed, which could introduce volatility in the USD to BRL exchange rate. Given the historically unstable political and economic landscape in Brazil, coupled with its dependence on commodity exports, traders and businesses exchanging USD to BRL should remain vigilant for potential shifts in global events impacting the Brazilian Real.

 

US dollar to Brazilian real - USD/BRL Trend

 
USD to BRL is at 7-day highs near 5.0156, 1.4% above its 3-month average of 4.9469, having traded in a very stable 3.7% range from 4.8525 to 5.0306
|
 
1 USD =
5.0158We compare provider deals to this wholesale mid-market rate. Read more
BRL
 
+0.6%
📈1W
 
Track Rate

View My Rate Tracker

   
 

Compare & Save on Exchange Rates

Exchange rates can vary significantly between banks and currency exchange providers, so it's important to compare rates from different sources before making a conversion.

The below table makes it easy to calculate and compare the Total Cost you are being charged on currency rates and the possible savings of using a foreign exchange provider rather than your bank.

 

Loading exchange rates...