About this pair
CNH/BRL: what to know
The CNH/BRL rate shows how much BRL you get for 1 CNH. Right now, 1 CNH buys 0.7635 BRL at the mid-market rate. In the other direction, 1 BRL is worth 1.3098 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while BRL responds to commodity prices and central-bank policy.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”.
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.