The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
CAD to BRL Market Data
Canadian dollar (CAD) to Brazilian real (BRL) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD to BRL is at 30-day lows near 3.8562, just 0.7% below its 3-month average of 3.8822, having traded in a fairly volatile 8.1% range from 3.7635 to 4.0683
Bias: CAD/BRL is currently bullish-to-range-bound, sitting just below the 90-day average in the lower half of the 3-month range.
Key drivers:
- Rate gap: Bank of Canada cut interest rates, while Brazil maintains a high Selic rate.
- Risk/commodities: Higher oil prices support CAD, benefiting from increased oil revenues.
- Macro factor: Brazil's stimulus concerns create uncertainty for BRL.
Range: CAD/BRL expected to drift within the 3-month range awaiting new economic data.
What could change it:
- Upside risk: Significant oil price rise may boost CAD.
- Downside risk: Inflation in Brazil could strengthen BRL if tighter monetary policy is adopted.
Tweet: CAD/BRL is bullish-to-range-bound, just below the 90-day avg. Recent Bank of Canada rate cut and high oil prices support CAD, while inflation pressures in Brazil add uncertainty. Expect drifting within 3-month range until new data emerges
@bestfxrates
CAD to BRL Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Brazilian real across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
best Send Money conversion rate for CAD to BRL?
The best CAD to BRL exchange rate is 3.8331 from Wise. This is -0.6% compared to the mid-market rate 3.8562.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to Brazilian real (BRL) rates from different sources before making a conversion.
The above
Loonie to Real comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest CAD-BRL mid-rate and the possible savings of using various providers.
How do CAD-BRL rates compare between providers?
Looking at the full
CAD to BRL - Send Money comparison table the provider with the best CAD to BRL exchange rate is Wise at 3.8331, -0.6% from the latest mid-market rate 3.8562.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.