About this pair
BRL/CAD: what to know
The BRL/CAD rate shows how much CAD you get for 1 BRL. Right now, 1 BRL buys 0.2709 CAD at the mid-market rate. In the other direction, 1 CAD is worth 3.6913 BRL.
In the short term BRL is driven mainly by commodity prices and central-bank policy, while CAD responds to oil prices and the US economy.
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 Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”.
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.