The Brazilian real weakened to 5.06 per USD in early June as proposed US tariffs on Brazilian products and uncertainty surrounding US-Iran negotiations weighed on investor sentiment. US authorities said the proposed measures stem from findings that Brazil and other countries have not taken sufficient steps to prevent imports of goods produced with forced labor. The prospect of higher trade barriers increased caution toward Brazilian assets. Meanwhile, rising tensions in the Middle East supported oil prices and fueled broader risk aversion. Hostilities intensified after Iranian attacks on Kuwait, while US strikes near the Strait of Hormuz and limited diplomatic progress clouded prospects for a resolution. The combination of geopolitical uncertainty and trade concerns boosted demand for the US dollar, pressuring emerging-market currencies, including the real.
The USD/BRL exchange rate fell to 5.1738 on June 9, 2026, down 0.59% from the previous session. Over the past month, the Brazilian Real has weakened 5.39%, but it's up by 7.18% over the last 12 months. Historically, the USDBRL reached an all time high of 6.75 in December of 2024. Brazilian Real - data, forecasts, historical chart - was last updated on June 9 of 2026.
The USD/BRL exchange rate fell to 5.1738 on June 9, 2026, down 0.59% from the previous session. Over the past month, the Brazilian Real has weakened 5.39%, but it's up by 7.18% over the last 12 months. The Brazilian Real is expected to trade at 5.17 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.99 in 12 months time.