MXN to BRL interbank exchange rate = 0.214
This calculator converts amounts at the latest BRL/MXN mid-rate orto check the exchange rate you are being offered or already charged.
MXN / BRL converter & margin calculator
|1 MXN||0.2140 BRL|
|5 MXN||1.0700 BRL|
|10 MXN||2.1400 BRL|
|20 MXN||4.2800 BRL|
|50 MXN||10.70 BRL|
|100 MXN||21.40 BRL|
|250 MXN||53.50 BRL|
|500 MXN||107.00 BRL|
|1,000 MXN||214.00 BRL|
|2,000 MXN||428.00 BRL|
|5,000 MXN||1,070.00 BRL|
|10,000 MXN||2,140.00 BRL|
|50,000 MXN||10,700.00 BRL|
|100,000 MXN||21,400.00 BRL|
|4.6736 MXN||1 BRL|
|23.37 MXN||5 BRL|
|46.74 MXN||10 BRL|
|93.47 MXN||20 BRL|
|233.68 MXN||50 BRL|
|467.36 MXN||100 BRL|
|1,168.40 MXN||250 BRL|
|2,336.80 MXN||500 BRL|
|4,673.60 MXN||1,000 BRL|
|9,347.20 MXN||2,000 BRL|
|23,368.00 MXN||5,000 BRL|
|46,736.00 MXN||10,000 BRL|
|233,680.00 MXN||50,000 BRL|
|467,360.00 MXN||100,000 BRL|
|BRL Country Guides|
MXN/BRL - Historical Trends
This table shows historic rates and trends of Mexican Peso to Brazilian Real over periods upto 10 years.
|1 Day||0.2072||11 May 2019|
|1 Week||0.2065||05 May 2019|
|1 Month||0.2070||12 Apr 2019|
|6 Months||0.1858||13 Nov 2018|
|1 Year||0.1854||12 May 2018|
|5 Years||0.1715||13 May 2014|
|10 Years||0.1584||14 May 2009|
You can use our MXN interactive charts to check MXNBRL historic trends.
Outlook and forecasts for MXN and BRL
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 MXN vs BRL, you should pay attention to the forecasts and trends for both Mexican Peso and Brazilian 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.
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.
Why can't I just get the MXN/BRL market rate I see online or in the media?
The MXN/BRL 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 MXN / BRL 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.
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