About this pair
BRL/USD: what to know
The BRL/USD rate shows how much USD you get for 1 BRL. Right now, 1 BRL buys 0.1965 USD at the mid-market rate. In the other direction, 1 USD is worth 5.0878 BRL.
In the short term BRL is driven mainly by commodity prices and central-bank policy, while USD responds to Fed policy, US growth and global risk appetite.
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 US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
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.