Brazilian Real to USD: How Did the Exchange Rate Close on Monday, October 2

Latin America’s biggest currency appreciated against the US dollar today

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October 02, 2023 | 05:02 PM

The US dollar strengthened against the Brazilian real on Monday, October 2, at 05:58 pm (Brasilia time). The American currency ended at R$ 5.06, com appreciating by 0.57% throughout the day.

The dollar reached a high of R$ 5.08 and a low of R$ 5.04 this Monday.

This year, the dollar has depreciated by 4.25% against the Brazilian real. The highest exchange rate was registered on January 3, when the dollar reached R$ 5.46. The lowest was R$ 4.73 on July 31. The average exchange rate during this period was R$ 5.01.

The real’s performance this year has been stronger than the average of the main currencies in emerging countries. The currency with the best performance this year has been the colombian peso, which has variation by 14.64% against the greenback. On the other hand, the worst performing currency has been the argentine peso, which has variation -97.60% of its value against the dollar.

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In the stock market, the best-performing Ibovespa stocks during today’s trading session were:

  • Fleury SA (FLRY3) up 3.37%
  • BB Seguridade Participacoes SA (BBSE3) up 2.34%
  • BRF SA (BRFS3) up 2.06%

And the worst-performing stocks were:

  • IRB-Brasil Resseguros SA (IRBR3) down 5.30%
  • Azul SA (AZUL4) down 6.15%
  • MRV Engenharia e Participacoes SA (MRVE3) down 6.56%

- Content created with the help of automated data from Bloomberg.

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Real to USD: what is the exchange rate on Monday, October 2