About this pair
NZD/BRL: what to know
The NZD/BRL rate shows how much BRL you get for 1 NZD. Right now, 1 NZD buys 2.9776 BRL at the mid-market rate. In the other direction, 1 BRL is worth 0.3358 NZD.
In the short term NZD is driven mainly by soft-commodity prices and risk appetite, while BRL responds to commodity prices and central-bank policy.
The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin. 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.