About this pair
USD/BRL: what to know
The USD/BRL rate shows how much BRL you get for 1 USD. Right now, 1 USD buys 5.1203 BRL at the mid-market rate. In the other direction, 1 BRL is worth 0.1953 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while BRL responds to commodity prices and central-bank policy.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. 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.