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Understanding the Table:
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’.
Sending money to Brazil can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Brazil bank accounts or pay a Brazilian real invoice.
British pound (GBP) to Brazilian real (BRL) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/BRL Outlook: The GBP/BRL exchange rate is currently below its 90-day average and near recent lows, which sets a bearish tone for the pair.
GBP/USD Outlook: The outlook for GBP/USD is likely to decrease as it is currently below its 90-day average and near recent lows.
USD/BRL Outlook: The USD/BRL rate is likely to decrease, trading below its recent average and near recent lows.
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Brazilian real across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-BRL interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best GBP to BRL exchange rate is 6.921 from Wise. This is -0.6% compared to the mid-market rate 6.9628.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Brazilian real (BRL) rates from different sources before making a conversion.
The above Sterling 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 GBP-BRL mid-rate and the possible savings of using various providers.
Looking at the full GBP to BRL - Send Money comparison table the provider with the best GBP to BRL exchange rate is Wise at 6.921, -0.6% from the latest mid-market rate 6.9628.
The next best is Western Union at 6.8235, -2% from the mid-rate.
Among the banks the Lloyds Bank rate is 6.6147 at -5% the Royal Bank of Scotland rate is 6.6564 at -4.4% and the Barclays Bank rate is 6.6355 at -4.7% compared to the mid-rate 6.9628.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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