While the Mexican central bank is eyeing at least six more rate increases, the Central Bank of Brazil is tapering its rate hikes. USD to BRL forecast for May 2025.In the beginning rate at 5.011 Brazilian Reals. BRL to USD forecast for November 2026.In the beginning rate at 0.176 Dollars. Change for today -0.0014, -0.03%. In 2 weeks USD to BRL forecast on Wednesday, March, 15: exchange rate 5.241 Reals, maximum 5.320, minimum 5.162. The average for the month 5.307. Brazilian Real to Dollar forecast for April 2024.In the beginning rate at 0.180 Dollars. The average for the month 5.296. The USD to BRL forecast at the end of the month 5.490, change for May 2.8%. High exchange rate 0.178, low 0.172. In H2, the Consensus is for average inflation to reverse the trend and accelerate. Your trading strategy for the real will depend on your personal circumstances, risk tolerance and portfolio composition, among other factors. The USD to BRL forecast at the end of the month 5.523, change for April 3.0%. High exchange rate 0.185, low 0.177. This is the US Dollar (USD) to Brazilian Real (BRL) exchange rate history summary page, detailing 180 days of USD BRL historical data from Saturday 3/09/2022 to Tuesday 28/02/2023 Highest: 5.4797 . About 99 million acres are expected to be devoted to soybeans, and about 51 million acres to corn, both records. Despite the recent inflation in all commodities, BRL is starting to strengthen against the dollar and has now broken 2 key areas simultaneously. The USD to BRL forecast at the end of the month 4.423, change for December -3.0%. Key Takeaways. The average for the month 0.189. High exchange rate 0.176, low 0.168. The central bank has finally caught up with rampant inflation, helping to allay fears that policymakers are behind the curve. Q4 2022 Brazil Industrial Report Brazil's class A logistics market once again registered positive outcomes in the last quarter of the year, with 622,501 sq.m of new inventory. The average for the month 0.188. There are typically 2 dividends per year (excluding specials). This potential development should help prevent the BRL from excessive weakening., The difference between trading assets and CFDs. Technically, you can trade currency pairs, including USD/BRL, around the clock. All of these factors have come into play in determining how the USD/BRL pair has performed this year. Capital Com SV Investments Limited is regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 319/17. Brazilian Real to Dollar forecast for June 2024.In the beginning rate at 0.191 Dollars. In 12 months time, ING expected the EUR/BRL pair to trade at 6.31, while Monex forecast a rate of 5.35and TradingEconomics expected 5.57. 3. High exchange rate 5.536, low 5.372. Dollar to Brazilian Real forecast for December 2026.In the beginning rate at 5.866 Brazilian Reals. Whether you should buy, sell, or hold the USD/BRL currency pair is a personal decision that depends on your trading strategy, risk tolerance and investing goals. Our panelists expect the downward trend to resume in H1 2023, although inflation will remain above the Central Bank's 3.5% target. The average for the month 5.226. 84% of retail investor accounts lose money when trading CFDs with this provider. A few points to make here. The BRL to USD forecast at the end of the month 0.189, change for November 1.1%. The BRL to USD forecast at the end of the month 0.171, change for June -2.8%. The average for the month 5.473. Copom's inflation projections stand at 5.8% for 2022, 4.6% for 2023, and 2.8% for 2024. High exchange rate 0.192, low 0.186. This is the Euro (EUR) to Brazilian Real (BRL) exchange rate history data page for the year of 2022, covering 365 days of EUR BRL historical data. Ricardo Campos, director at Reach Capital, said a calm post-election environment brought relief to the country and the economy. Risk warning: onducting operations with non-deliverable over-the-counter instruments are a risky activity and can bring not only profit but also losses. The results of forecasts of the Euro / Dollar currency pair are presented below in the form of graphs, tables and text information. Brazilian Real to Dollar forecast for October 2026.In the beginning rate at 0.176 Dollars. High exchange rate 0.192, low 0.183. The direction of the Brazilian real will likely depend on the events following the October presidential elections, as well as Brazils economic performanceand the level of interest rates compared to other countries, among other factors. In 2022, annualized GDP growth is projected to be 4.2% globally, 3.7% in the U.S., 4.6% in the Euro area, 4.9% in China and 4.7% in . The average for the month 0.190. Whenever significant macroeconomic data is released or new central bank policies are unveiled, the USD/BRL pairs volatility often tends to increase. The BRL to USD forecast at the end of the month 0.182, change for November -1.1%. As of January 13, markets expected real GDP growth to slip from about 3% in 2022 to below 1% in 2023. The market expectation is that Lula will be pragmatic and take a more centrist approach given the slim margin of victory Lulas50.9% of votes beat Bolsonaros49.1%. The USD to BRL forecast at the end of the month 5.703, change for February 0.1%. The average for the month 0.189. The Brazilian currency has been the world's best-performing in 2022, despite a multitude of uncertainty factors. The average for the month 0.182. The BRL to USD forecast at the end of the month 0.184, change for July -2.1%. The real gained some value in August, returning to its June levels. Only mortgage rates forecast and history are updated weekly. High exchange rate 5.421, low 5.185. The average for the month 5.310. Trading Economics welcomes candidates from around the world. The average for the month 5.803. This chart will show when you should start accumulating a higher percentage of Euros or BRL. High exchange rate 0.185, low 0.177. The average for the month 0.193. High exchange rate 0.186, low 0.181. And never trade or invest more than you can afford to lose. Dollar to Brazilian Real forecast for October 2023.In the beginning rate at 5.290 Brazilian Reals. Overall, the DM output gap is anticipated to close before the end of 2022. High exchange rate 0.176, low 0.168. The average for the month 5.666. () () . Dollar to Brazilian Real forecast for August 2023.In the beginning rate at 5.429 Brazilian Reals. USD to BRL forecast on Friday, March, 17: exchange rate 5.231 Reals, maximum 5.309, minimum 5.153. The average for the month 5.420. High exchange rate 5.510, low 5.325. Dollar to Brazilian Real forecast for August 2024.In the beginning rate at 5.059 Brazilian Reals. The BRL to USD forecast at the end of the month 0.175, change for February -0.6%. USD to BRL forecast for November 2023. While the 12.7% per annum implied yields on Brazil 3m NDFs are undoubtedly attractive, higher volatility could well see the Brazilian real pressured further. The BRL to USD forecast at the end of the month 0.186, change for March -3.1%. * GDP Data from January 2023 World Economic . February 03, 2022 10:15 am EST. High exchange rate 0.197, low 0.188. The higher levels of FX volatility we see are bad for the carry trade. Dollar to Brazilian Real forecast for April 2023.In the beginning rate at 5.269 Brazilian Reals. The average for the month 5.177. High exchange rate 5.855, low 5.594. The BRL to USD forecast at the end of the month 0.197, change for June 3.1%. The USD to BRL forecast at the end of the month 5.556, change for March 3.0%. Brazil was one of the first countries to be considered an emerging market, forming the BRIC group along with Russia, India and China. Brazilian Real to Dollar forecast for June 2023.In the beginning rate at 0.182 Dollars. Exchange rate imbalance between the Brazilian real and the dollar will persist in 2021, say analysts. The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries.The WEO is released in April and October each year. High exchange rate 0.179, low 0.171. The USD to BRL forecast at the end of the month 5.206, change for February -2.7%. See here for a complete list of exchanges and delays. Find the latest USD/BRL (USDBRL=X) currency exchange rate, plus historical data, charts, relevant news and more . They upgraded their second-quarter estimate for the real to 5.00 from 5.30 but added: "while we think the real can continue to be well supported around current levels, our valuation models have started to flag it on expensive territory.". As of 2023 February 19, Sunday current rate of EUR/BRL is 5.539 and our data indicates that the currency rate has been in a downtrend for the past 1 year (or since its inception).. Euro / Brazilian Real has been showing a declining tendency so we believe that similar market segments were not very popular in the given period. Dollar to Brazilian Real forecast for December 2024.In the beginning rate at 5.296 Brazilian Reals. High exchange rate 0.203, low 0.197. Live Currency Rates And Prices. The average for the month 0.175. Brazilian Real to Dollar forecast for April 2025.In the beginning rate at 0.201 Dollars. For 2021, the forecast for inflation dropped from 10.02% to 10.01%. What is the USD/BRL forecast for the real against the dollar for the remainder of the year and beyond? BRL to USD forecast for May 2024.In the beginning rate at 0.186 Dollars. The BRL to USD forecast at the end of the month 0.191, change for December 2.7%. USD to BRL forecast for March 2027.In the beginning rate at 5.703 Brazilian Reals. In the beginning rate at 5.641 Brazilian Reals. The BRL to USD forecast at the end of the month 0.189, change for January 3.3%. High exchange rate 5.442, low 5.206. BRL rose as high as 5.4 against the US dollar (USD) onMonday 31October, before sliding to 5.18. High exchange rate 5.455, low 5.212. The BRL to USD forecast at the end of the month 0.172, change for December 1.2%. Analysts have yet to issue a USD/BRL forecast for . Historical USD/BRL performance How has USD/BRL performed so far in 2022? High exchange rate 5.135, low 4.983. The British pound to Brazil real forecast from TradingEconomics showed the real weakening against sterling, with the pair moving up from 6.21by the end of this quarter to 6.42in one year. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. The Brazilian real, abbreviated BRL, is made up of 100 centavos and is often presented with the symbol R$. The Brazilian real made strong gains against the US dollar in the first quarter of 2022, and appears to be regaining strength following Lulas victory over former president Jair Bolsonaro at the end of October. Euro to Real forecast on Thursday, March, 30: exchange rate 5.511 Reals, maximum 5.594, minimum 5.428. Brazilian Real to Dollar forecast for February 2025.In the beginning rate at 0.189 Dollars. The average for the month 0.176. The average for the month 0.184. High exchange rate 0.187, low 0.179. High exchange rate 5.531, low 5.290. Since the start of the year, the Brazilian real has benefited from at least three tailwinds. However, you should make trading decisions only after performing your own research, and remember that high volatility increases risks of losses. Creative Commons Attribution 4.0 International. USD to BRL forecast for July 2026.In the beginning rate at 5.860 Brazilian Reals. Past profits do not guarantee future profits. The USD to BRL forecast at the end of the month 5.325, change for June -3.0%. Algorithm-based forecasting service WalletInvestor indicated in its USD/BRL forecast for 2022 that the real could trade at 5.728 to the dollar by the end of the year and weaken to surpass 6.00in December 2024. High exchange rate 0.200, low 0.191. View the latest USD to BRL exchange rate, news, historical charts, analyst ratings and financial information from WSJ. The average for the month 0.199. The BRL to USD forecast at the end of the month 0.176, change for October 0.0%. The strength in Brazils real was a bit puzzling,noted MonexFX analysts Simon Harvey and Jay Zhao-Murray in September 2022. Analysts at Swedens SEB Group see the Brazilian economy slowing heading into 2023, which could weigh on the real.They noted: Brazils economy has been boosted by rising commodity prices in the aftermath of the pandemic and during the Ukraine war, but a slowdown in global demand will probably gradually lower commodity prices ahead. The USD to BRL forecast at the end of the month 5.339, change for April 1.3%. The average for the month 0.178. The USD to BRL forecast at the end of the month 5.449, change for October 3.0%. For 2022, the IPCA inflation estimate is 5.03%. Actual BRL to USD exchange rate equal to 0.1925 Dollars per 1 Brazilian Real. Just before the onset of the coronavirus pandemic, the currency changed hands at around 4.20 reais to the dollar. Finance questions and answers. The average for the month 5.826. The USD to BRL forecast at the end of the month 5.034, change for August -0.5%. USD to BRL forecast for November 2026.In the beginning rate at 5.695 Brazilian Reals. Advanced users can use our Python/R/Matlab packages. The average for the month 0.195. Brazilian Real Futures Market News and Commentary. Check out the BRL to USD history rates below. USD to BRL forecast for November 2023.In the beginning rate at 5.449 Brazilian Reals. Brazilian Real to Dollar forecast for December 2024.In the beginning rate at 0.189 Dollars. Brazilian Real to Dollar forecast for August 2023.In the beginning rate at 0.184 Dollars. What is the outlook for the Brazilian real following the results of the 2022 election? The average for the month 0.175. The Agency shall not be liable for any errors or delays in the information and its publication, or for any actions taken in reliance thereon. Summary. Taking those factors and adding in a hefty dose of political risk that stems from the countrys October presidential election into account, there is a recipe for a stronger USD/BRL rate in the near-term, especially if the Fed continues to talk up the US terminal rate. Dollar to Brazilian Real forecast for August 2025.In the beginning rate at 5.138 Brazilian Reals. USD to BRL forecast for March 2026.In the beginning rate at 5.206 Brazilian Reals. We believe that the fair value of the . The exchange rate shows the value of one US dollar in Brazilian reals. Investors and analysts are now closely watching for any indication of Lulas future cabinet, while weighing the risk ofBolsonaro questioningthe election results, which could fuel political turmoil in Brazil. It will also show you where strong historic levels of support and resistance. GBP to BRL forecast at the end of the month 6.165, the change for March -1.9%. BRL to USD forecast for September 2023.In the beginning rate at 0.183 Dollars. High exchange rate 0.175, low 0.168. Past performance is no guarantee of future results. In 2020, the inflation rate in Brazil amounted to about 3.21 percent compared to the previous year, a slight increase from the previous year's 3.73 percent, but a large improvement compared to . Numeric forecasts were more cautious, but relatively optimistic as well, pointing to a shallow 1.3% drop in one month to 4.72 reais per U.S. dollar from 4.66 reais on Wednesday, according to the . BRL to USD forecast for March 2026.In the beginning rate at 0.192 Dollars. BRL to USD forecast for January 2025.In the beginning rate at 0.183 Dollars. The average for the month 0.195. USD/BRL forecast: How will the pair perform? High exchange rate 5.556, low 5.308. "Should I invest in GBP to BRL Currency Pair?" "Should I trade GBP/BRL pair today?" According to our Forecast System, GBP to BRL Forex pair is a not so good long-term (1-year) investment*. USD to BRL forecast for July 2025.In the beginning rate at 5.283 Brazilian Reals. How much will the Brazilian Real (BRL) cost against the Dollar (USD) in January, February, March, April, May, June, July, August, September, October, November, December 2022? on PC press buttons Ctrl + D or click the star next to the browser bar at the top. We recommend that you always do your own research before making any investment decision. About the Euro / Brazilian Real currency rate forecast. We remain optimistic that today's households and businesses will avoid the unpleasant experiences of the long inflation and painful disinflation that their predecessors experienced during 1970-1985. The average for the month 5.627. The BRL to USD forecast at the end of the month 0.186, change for April 3.3%. Forecast of the Brazilian Real / US Dollar currency pair for 2022, 2023, 2024, 2025. Over the medium-term, once political risk dissipates and global economic conditions stabilise, the Brazilian real could re-emerge as the markets sweetheart., In a split decision and in line with market expectations and our forecast, the Banco Central do Brasil decided to keep the Selic rate on hold at 13.75% two out of thenine board members decided to vote in favour of a 25bps rate hike. The average for the month 5.396. The Brazilian real has been the national currency of Brazil since July 1994, when it replaced the cruzeiro real. The USD to BRL forecast at the end of the month 5.813, change for December -0.9%. losed Joint Stock Company FinTech Solutions. Concerns about the impact of Covid-19 restrictions in China on manufacturing activity have also weighed on sentiment in recent months. . High exchange rate 0.199, low 0.190. Brazilian Real to Dollar forecast for February 2024.In the beginning rate at 0.180 Dollars. Goodluck Ebele Jonathan, former President of the Federal Republic of Nigeria and Chancellor of Cavendish University Uganda (CUU).Theo SCMP, b Yang Huiyan ang l ch . USD to BRL forecast for March 2023.In the beginning rate at 5.222 Brazilian Reals. The BRL to USD forecast at the end of the month 0.201, change for March 3.1%. As the global economy slows dramatically this year, Brazil will likely follow suit. Dollar to Brazilian Real forecast for November 2022. The BRL to USD forecast at the end of the month 0.183, change for December -3.2%. GDP is projected to grow by 2.8% in 2022, 1.2% in 2023, and 1.4% in 2024. Dollar to Brazilian Real forecast for June 2026.In the beginning rate at 5.689 Brazilian Reals. Previous day close: 0.1924. The BRL to USD forecast at the end of the month 0.200, change for April -0.5%. The BRL to USD forecast at the end of the month 0.175, change for March 0.0%. In his first speech after the win, Lulavowedto reunify Brazil and return to state-driven economic growth and social policies that helped lift millions out of poverty when he was previously president from 2003 to 2010. Brazilian Real to Dollar forecast for February 2026.In the beginning rate at 0.187 Dollars. In the beginning rate at 0.624 Dollars. The USD to BRL forecast at the end of the month 5.233, change for October 3.0%. Turner said analysts at ING were taking a more negativeview of the currency, and cautioned of potential risk following the election: Forex analysts at State Street were bullish on the near-term outlook for the USD, but bearish over the long term, noting: The USD is historically expensive and near-term overbought. The direction of the USD/BRL pair could depend on monetary policy in both countries, macroeconomic sentiment, and new president Lulas economic policies and cabinet appointments,among other factors. The average for the month 5.463. Aus Dollar to Dollar forecast for August 2023. High exchange rate 5.375, low 5.217. Our baseline forecast shows CPI inflation spiking to over 8% in 2022. The BRL to USD forecast at the end of the month 0.189, change for June -3.1%. High exchange rate 0.181, low 0.173. However, the downside move has been limited by speculation that the Bank of Brazil would hold interest rates higher for longer . The BRL to USD forecast at the end of the month 0.183, change for August -0.5%. See what IIF, Bank of America, UBS, Deutsche Bank, and others say about the future of the Brazilian currency. The average for the month 0.188. , aram@brl.ru. The USD to BRL forecast at the end of the month 5.132, change for February -3.0%. The average for the month 0.189. The Brazilian central bank left its key interest rate unchanged at 13.75% on 21 September 2022, while the US Federal Reserve (Fed) raised its headline rate by a further 75 basis points (bps) on 3 November, lifting it to the highest level since early 2008. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The Brazilian real was introduced as Brazils official national currency in July 1994, replacing the cruzeiro real. As of 1 October 2021, the exchange rate between the Brazilian real and the US dollar is BRL5.54/USD. High exchange rate 0.189, low 0.181. High exchange rate 5.900, low 5.726. The average for the month 5.146. The average for the month 5.036. Analysts at Citi, meanwhile, pointed to Lulas cabinet as potential markers of what was to come, saying: The most important focus for the market will be on Lulas nominations to Minister of Finance and Budget Planning.. The dollar index Thursday rallied moderately. The BRL to USD forecast at the end of the month 0.187, change for October -3.1%. The BRL to USD forecast at the end of the month 0.187, change for April -1.6%. However, there are certain time slots when forex trading is most busy. Brazilian Real to Dollar forecast for April 2027.In the beginning rate at 0.175 Dollars. Higher US rates have sent the dollar higher across the board, including against Latam currencies. USD To BRL Forecast For Tomorrow And Month. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The BRL to USD forecast at the end of the month 0.186, change for November -2.6%. Monexs latest USD/BRL forecast, issued on 1 October, put the rate at 5.00in three months, 4.80 in six months, and 5.00 in 12 months. Household spending is buoyed by higher social transfers and vigorous employment . The poll shows the Brazilian currency is now expected to depreciate 10.8% to 5.22 reais in 12 months, as Brazil's anemic growth, fears about the outcome of elections in October and other issues eventually offset the momentum. WalletInvestorsGBP/BRL forecast at the time of writing (31 October) showed the pair trading up from 6.13 at the start of October to 6.25at the end of 2022 and 6.74by the end of 2023. BRL to USD forecast for March 2023.In the beginning rate at 0.191 Dollars. The average for the month 0.186. How has USD/BRL performed so far in 2022? The USD to BRL forecast at the end of the month 5.454, change for August 0.5%. High exchange rate 0.178, low 0.173. As a result, there has been a rise in equity inflows into these markets to take advantage of this cyclical . GBP to BRL forecast at the end of the month 6.119, the change for April -0.7%. High exchange rate 0.195, low 0.186. The USD to BRL forecast at the end of the month 5.399, change for December -1.5%. You should do your own research into the economic data, government policies and other factors that drive the exchange rate to make an informed decision. The USD to BRL forecast at the end of the month 5.362, change for March 3.0%. High exchange rate 0.179, low 0.171. []We think the prospect of a close and potentially disputed election result means that a greater risk premium should be priced into the real., Given the recent signals conveyed by the BCB that it will keep the Selic target rate at a high level for a long time, credit conditions should become dearer, even for the highly profitable Brazilian export sector. The average for the month 5.809. High exchange rate 0.176, low 0.168. High exchange rate 0.191, low 0.184. The Untold Truth Of Brazilian Steakhouses - M. We recognise that given current market dynamics (ie,a more aggressive Fed tightening cycleand lingering fiscal risks), the central bank is allowing some flexibility should local and external inflationary pressures persist and increase, and did not rule out further rate hikes. . The average for the month 0.183. The Brazilian currency notched its best quarter in 13 years in the first three months of 2022, with a 17.5% appreciation. The average for the month 0.185. Dutch bank ING was bearish on the BRL given the risk that Bolsonaro challenges any Lula win (rigged electronic voting etc) uncertainty reigns, according to analyst Chris Turner in the banks monthly FX analysis. High exchange rate 5.960, low 5.701. The USD to BRL forecast at the end of the month 5.561, change for January 3.0%. The average for the month 0.172. In September, the USD/BRL pair bounced around as currency traders evaluated the dollars strength against high Brazilian interest rates and an approaching presidential election in October. The average for the month 5.435. High exchange rate 5.780, low 5.610. The average for the month 5.260. The average for the month 0.184. Current exchange rate US DOLLAR (USD) to BRAZIL REAL (BRL) including currency converter, buying & selling rate and historical conversion chart. Bookmarking the page to check for updates later: Inverse rate: BRL to USD. The Brazil real started off the year as one of the best-performing currencies, driven higher by rising commodity markets, renewed interest from investors pulling funds from Russian assets and a sharp rise in Brazils key interest rate from 2% to 11.75% in just a year. The BRL to USD forecast at the end of the month 0.176, change for January 2.3%. The Brazilian Real has been steady against the Dollar. In a split decision and in line with market expectations and our forecast, the Banco Central do Brasil decided to keep the Selic rate on hold at 13.75% two out of thenine board members decided to vote in favour of a 25bps rate hike. The material provided on this website is for information purposes only and should not be understood as an investment advice. Remember to always do your own research before coming to an investment decision. The USD to BRL forecast at the end of the month 5.855, change for August 3.0%. BRL to USD forecast for January 2024.In the beginning rate at 0.185 Dollars. Article IV/Country Report: September 22, 2021. Our Standards: The Thomson Reuters Trust Principles. Apply. The USDBRL spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the BRL. The average for the month 5.089. CME listed FX futures offer more precise risk management of BRL/USD exposure through firm pricing, convenient monthly and quarterly futures and weekly, monthly, and quarterly options, and flexibility to trade via a central limit order book, direct with blocks, or . High exchange rate 0.186, low 0.178. The average for the month 0.176. Over the medium term, once political risk dissipates and global economic conditions stabilise, the Brazilian real could re-emerge as the markets sweetheart.. Current job openings: 2023 Data - 1992-2022 Historical - 2024 Forecast - Quote - Chart, Brazil Business Activity Contracts Further, Brazil Services Sector Slips Into Contraction in February, Brazil Producer Prices Rise for 1st Time in 6 Months, Sao Paulo Consumer Price Inflation at 5-Month Low, Brazil Factory Activity Contraction Slows in February, Brazil Budget Surplus Unexpectedly Shrinks in January, Brazil Unemployment Falls to Near 8-Year Low, Wall Street Ends Higher, Posts Weekly Gain, Colombia Producer Inflation at Almost 2-Year Low, Uruguay Inflation Rate Eases to 17-Month Low, Spain Stocks Wrap Up Week with Almost 3% Gains, European Stocks Close Week on Strong Note, French Stocks End at Over 2-Week High, Post Weekly Gain. Campaigning will intensify around July when political advertising begins, followed by a first televised debate scheduled for August. The average for the month 0.173. The average for the month 0.193. BENGALURU, Feb 3 (Reuters) - The Brazilian real is set to reverse January's gains within six months as a hawkish U.S. Federal Reserve gears up for an interest . Compare prices for this wine, at 17,000+ online wine stores. If you rely on the information on this page then you do so entirely on your own risk. The average for the month 0.186. Even with a stubborn economic crisis in Brazil, uncertainties regarding upcoming elections, and the war in Ukraine, the Brazilian Real extended its positive streak against the U.S. Dollar to an eighth straight day on Friday. The BCBs aggressive rate hikes (SELIC sits at 13.75%) have likely been the reals top support, but weve also seen presidential campaign front runner Lula make some decisions that eased politics related pressures (including choosing a moderate running mate Alkmin)., We expect less favorable international conditions and lingering uncertainties about the future of domestic economic policy from 2023 onwards to limit the room for a substantial and perennial strengthening of the BRL., Taking those factors and adding in a hefty dose of political risk that stems from the countrys October presidential election into account, there is a recipe for a stronger USDBRL rate in the near-term, especially if the Fed continues to talk up the US terminal rate. Over the next 3-5 years, we will continue to see ample downside to the USD (15-20%) as we eventually move to acceptable levels of inflation, lower monetary policy rates, and enter the next global recovery cycle. The USD to BRL forecast at the end of the month 5.341, change for October 3.0%. High exchange rate 5.138, low 4.909. The USD to BRL forecast at the end of the month 5.129, change for May 2.4%.