The Brazilian real weakened to 5.02 per USD in late May, broadly in line with other emerging-market currencies, amid a more hawkish stance from the US Federal Reserve. Rising geopolitical uncertainty in the Middle East also fueled risk aversion and supported the US dollar. Additional pressure came from comments by Federal Reserve Governor Christopher Waller, which reinforced expectations that US interest rates could remain elevated for longer. Domestically, the weakening political position of Senator Flávio Bolsonaro continued to weigh on the real, as markets had expected the opposition to remain competitive in this year’s presidential election.
The USD/BRL exchange rate rose to 5.0246 on May 22, 2026, up 0.13% from the previous session. Over the past month, the Brazilian Real has strengthened 0.06%, and is up by 11.02% 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 May 24 of 2026.
The USD/BRL exchange rate rose to 5.0246 on May 22, 2026, up 0.13% from the previous session. Over the past month, the Brazilian Real has strengthened 0.06%, and is up by 11.02% over the last 12 months. The Brazilian Real is expected to trade at 5.03 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.86 in 12 months time.