About this pair
BRL/AUD: what to know
The BRL/AUD rate shows how much AUD you get for 1 BRL. Right now, 1 BRL buys 0.2723 AUD at the mid-market rate. In the other direction, 1 AUD is worth 3.6722 BRL.
In the short term BRL is driven mainly by commodity prices and central-bank policy, while AUD responds to commodity prices and Chinese demand.
The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”. The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.