BRL/CNY: what to know
The BRL/CNY rate shows how much CNY you get for 1 BRL. Right now, 1 BRL buys 1.3112 CNY at the mid-market rate. In the other direction, 1 CNY is worth 0.7626 BRL.
In the short term BRL is driven mainly by commodity prices and central-bank policy, while CNY responds to PBoC decisions and Chinese growth.
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 Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen.
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.