The Brazilian real weakened toward 5.22 per US dollar on Thursday as escalating energy shocks and defiant rhetoric from Tehran revived the safe haven bid for the greenback. This retreat from recent highs comes as Mojtaba Khamenei stated that the Strait of Hormuz will remain closed which has forced a massive repricing of global inflation risks and pressured emerging market assets. While higher crude prices near 100 dollars per barrel typically boost Brazil’s fiscal revenues, the market is increasingly focused on the threat of imported inflation. The annual IPCA inflation rate slowed to 3.81% in February which initially fueled optimism for aggressive monetary easing. However the BCB is now expected to proceed with caution at its March 18th meeting where traders have scaled back bets for a 50 basis point cut in favor of a smaller 25 basis point reduction to the 15% Selic rate in an effort to protect the currency’s yield cushion as global interest rate trajectories move higher for longer.

The USD/BRL exchange rate rose to 5.3292 on March 13, 2026, up 1.61% from the previous session. Over the past month, the Brazilian Real has weakened 1.75%, but it's up by 7.16% 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 March 15 of 2026.

The USD/BRL exchange rate rose to 5.3292 on March 13, 2026, up 1.61% from the previous session. Over the past month, the Brazilian Real has weakened 1.75%, but it's up by 7.16% over the last 12 months. The Brazilian Real is expected to trade at 5.31 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 5.12 in 12 months time.



Crosses Price Day Year Date
USDBRL 5.3243 0.0795 1.52% -7.25% Mar/13
EURBRL 6.0729 0.0352 0.58% -3.52% Mar/13
GBPBRL 7.0335 0.0353 0.50% -6.36% Mar/13
AUDBRL 3.7130 0.0015 0.04% 1.86% Mar/13
NZDBRL 3.0705 -0.0004 -0.01% -6.98% Mar/13
BRLJPY 30.1378 -0.2459 -0.81% 18.25% Mar/13
BRLCNY 1.2984 -0.0136 -1.04% 3.90% Mar/13
BRLCHF 0.1488 -0.0011 -0.75% -2.27% Mar/13
BRLCAD 0.2579 -0.0022 -0.83% 3.60% Mar/13
BRLMXN 3.3724 -0.0332 -0.97% -2.62% Mar/13
BRLINR 17.6454 0.0338 0.19% 17.73% Mar/13
BRLARS 266.0450 -0.0143 -0.01% 44.69% Mar/13
BRLCZK 4.0692 0.0190 0.47% 2.26% Mar/13
BRLDKK 1.2445 0.0069 0.56% 5.00% Mar/13
BRLHUF 65.3910 0.4211 0.65% 3.04% Mar/13
BRLIDR 3,232.2797 8.1339 0.25% 14.38% Mar/13
BRLKRW 284.7867 0.0780 0.03% 13.59% Mar/13
BRLMYR 0.7506 0.0019 0.26% -1.91% Mar/13
BRLRUB 15.3201 0.1622 1.07% 3.03% Mar/13
 Currencies
 BRL...
 ...BRL



Related Last Previous Unit Reference
Brazil Inflation Rate 3.81 4.44 percent Feb 2026
United States Inflation Rate 2.40 2.40 percent Feb 2026
Brazil Interest Rate 15.00 15.00 percent Feb 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Feb 2026
United States Unemployment Rate 4.40 4.30 percent Feb 2026
Brazil Unemployment Rate 5.40 5.10 percent Jan 2026

Brazilian Real
The USDBRL spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the BRL. While the USDBRL spot exchange rate is quoted and exchanged in the same day, the USDBRL forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
5.33 5.24 6.75 0.01 1992 - 2026 Daily

News Stream
Brazilian Real Weakens
The Brazilian real weakened toward 5.22 per US dollar on Thursday as escalating energy shocks and defiant rhetoric from Tehran revived the safe haven bid for the greenback. This retreat from recent highs comes as Mojtaba Khamenei stated that the Strait of Hormuz will remain closed which has forced a massive repricing of global inflation risks and pressured emerging market assets. While higher crude prices near 100 dollars per barrel typically boost Brazil’s fiscal revenues, the market is increasingly focused on the threat of imported inflation. The annual IPCA inflation rate slowed to 3.81% in February which initially fueled optimism for aggressive monetary easing. However the BCB is now expected to proceed with caution at its March 18th meeting where traders have scaled back bets for a 50 basis point cut in favor of a smaller 25 basis point reduction to the 15% Selic rate in an effort to protect the currency’s yield cushion as global interest rate trajectories move higher for longer.
2026-03-12
Brazilian Real Rebounds Sharply
The Brazilian real strengthened toward 5.15 per US dollar aiming for the May 2024 highs as a sharp de-escalation in Middle Eastern geopolitical risk capped the safe-haven bid that had propelled the greenback to six-week highs. Market sentiment improved following reports that military operations in the Persian Gulf are nearing a conclusion and that the US may waive certain oil sanctions to ensure maritime security in the Strait of Hormuz. This shift has triggered a significant retreat in crude oil benchmarks which helps to mitigate the immediate threat of imported energy inflation and reduces the domestic fuel price gap that had pressured the IPCA index. Although the Brazilian central bank maintained the Selic rate at 15% during its January meeting it is widely expected to initiate an easing cycle on March 18th as headline inflation moderates. Despite the anticipated reduction in the yield cushion Brazil continues to offer high interest rates.
2026-03-10
Brazilian Real Rebounds
The Brazilian real recovered toward 5.22 per dollar on Monday as high domestic yields and a massive surge in oil prices provided a buffer against the global flight to safety. While the dollar initially reached a six-week high amid intensifying Middle East hostilities, the real found support after the latest Focus Bulletin showed a hawkish revision to 2026 Selic rate expectations, rising to 12.13% from 12.00% just one week ago. This shift reflects growing concerns that rising energy costs and a widening fuel price gap below international parity will fuel sticky inflation, potentially forcing the central bank to maintain its 15% restrictive stance for longer. Although the global search for havens remains a headwind, Brazil’s position as an oil exporter and its resilient labor market are helping the currency outperform regional peers. However, investors remain cautious ahead of upcoming inflation data as the widening fuel price discrepancy suggests latent pressure on the IPCA index.
2026-03-09