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MXN/BRL - Live Converters & Chart

Mexican Peso to Brazilian Real - 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.

 

MXN to BRL interbank exchange rate = 0.214

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

 

MXN / BRL converter & margin calculator

$MXN
R$BRL
Mid-rates:
 
 

Foreign Transfers Travel Money

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

Foreign Transfers

Mexican Peso

Brazilian Real

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
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Mexican Peso

Brazilian Real

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
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MXN/BRL - Historical Trends

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

PeriodMXN/BRLDate
1 Day0.207211 May 2019
1 Week0.206505 May 2019
1 Month0.207012 Apr 2019
6 Months0.185813 Nov 2018
1 Year0.185412 May 2018
5 Years0.171513 May 2014
10 Years0.158414 May 2009

You can use our MXN interactive charts to check MXNBRL historic trends.

MXN/BRL - 1 Year Trend

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.

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.

 

View all MXN Exchange Rates