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BRL/MXN - Live Converters & Chart

Brazilian Real to Mexican Peso - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

BRL to MXN interbank exchange rate = 4.6736

This calculator converts amounts at the latest MXN/BRL mid-rate or enter a rate to check the exchange rate you are being offered or already charged.

 

BRL / MXN converter & margin calculator

R$BRL
$MXN
Mid-rates:
 
 

Foreign Transfers Travel Money

Compare how much you can save on BRL/MXN exchange rates for:

Foreign Transfers

Brazilian Real

Mexican Peso

1 BRL 4.6736 MXN
5 BRL 23.37 MXN
10 BRL 46.74 MXN
20 BRL 93.47 MXN
50 BRL 233.68 MXN
100 BRL 467.36 MXN
250 BRL 1,168.40 MXN
500 BRL 2,336.80 MXN
1,000 BRL 4,673.60 MXN
2,000 BRL 9,347.20 MXN
5,000 BRL 23,368.00 MXN
10,000 BRL 46,736.00 MXN
50,000 BRL 233,680.00 MXN
100,000 BRL 467,360.00 MXN
See more

Brazilian Real

Mexican Peso

0.2140 BRL 1 MXN
1.0700 BRL 5 MXN
2.1400 BRL 10 MXN
4.2800 BRL 20 MXN
10.70 BRL 50 MXN
21.40 BRL 100 MXN
53.50 BRL 250 MXN
107.00 BRL 500 MXN
214.00 BRL 1,000 MXN
428.00 BRL 2,000 MXN
1,070.00 BRL 5,000 MXN
2,140.00 BRL 10,000 MXN
10,700.00 BRL 50,000 MXN
21,400.00 BRL 100,000 MXN
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MXN Country Guides
MexicoMexico

BRL/MXN - Historical Trends

This table shows historic rates and trends of Brazilian Real to Mexican Peso over periods upto 10 years.

PeriodBRL/MXNDate
1 Day4.826911 May 2019
1 Week4.843505 May 2019
1 Month4.831912 Apr 2019
6 Months5.382613 Nov 2018
1 Year5.393612 May 2018
5 Years5.831913 May 2014
10 Years6.313014 May 2009

You can use our BRL interactive charts to check BRLMXN historic trends.

BRL/MXN - 1 Year Trend

Outlook and forecasts for BRL and MXN

Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.

So it follows that if you are determining the best time to transact, in this case the BRL vs MXN, you should pay attention to the forecasts and trends for both Brazilian Real and Mexican Peso:

 

Brazilian Real (BRL) outlook

2018 was a disappointing year for the Brazilian real: it lost 15 percent of its value against the US dollar and more than 10 percent against the euro.

The real started 2019 brightly: by early February, it held a year-to-date gain worth 7 percent against the dollar. Throughout February and into March, the real weakened somewhat, but then on March-22 (the day of this report), it plunged on news that former Brazilian president Michel Temer had been arrested on corruption charges — an arrest that might impede the pension reforms that analysts say are vital to Brazil’s economic recovery. A one-day fall of 3 percent following the arrest had the real down on the year, at R$3.9 per USD. A push back towards the R$4.0 handle, last seen in September, is now likely.

In March, Brazil’s central bank adopted a dovish tone and lowered its forecast for average interest rates, further burdening the real.

Despite these issues, one analyst said that he was putting capital into the real because of the “textbook” nature of the current environment, which favoured carry trades and the high-yielding currencies upon which these are based, like the real.

 

Mexican Peso (MXN) outlook

At 18.8 per US dollar, the Mexican peso was trading on April-20 close to its strongest level in 6 ½ months, though it was meeting significant resistance (USD/MXN support) at 18.75—a level from which the peso was repelled twice last October, in March, and once already in April.

Boosting the peso has been the thriving oil market. Oil is high on the list of Mexico’s top exports and by April-20 it was up 44 percent for the year to $65 per barrel.

Also supporting the peso has been the dovish turn by the Federal Reserve. With no increase in US interest rates projected this year, the dollar will weaken and the peso should gain value because Mexico holds high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheap and US rates are low.

Earlier this year, ING said that the peso would be among 2019’s best performing emerging market currencies, though newly-formed BlueLine Asset Management said one if its first market bets would be on peso depreciation based on disappointing economic growth.

Why can't I just get the BRL/MXN market rate I see online or in the media?

The BRL/MXN mid-rate is the rate you will see quoted online or the news, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the BRL / MXN was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

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