How much is $1 US in Brazil?
The US dollar could be exchanged for R$ 4,98 at 09:14 am (Brasilia time), or 0,090% more than yesterday.
The greenback had closed yesterday at R$ 4,98, with the real depreciating by 0,28% compared to Wednesday. Its highest value on Thursday was R$ 4,99, and its lowest was R$ 4,96.
Is Brazil a cheap country to visit?
The Brazilian real has appreciated 5,74% against the dollar in the year to date. The highest value was recorded 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$ 5,02.
The Brazilian currency ranks fourth in a basket of 23 emerging market currencies, boasting one the strongest performances against the US dollar this year.
The currency that has appreciated the most against the greenback this year is the colombian peso (15,46%). On the other hand, the worst has been the argentine peso, which has lost -97,57% of its value sin January.
Latin American currencies have performed as follows in 2023:
- Colombian peso (COP) has appreciated by 15,46%
- Peruvian peso (PEN) has appreciated by 2,33%
- Mexican peso (MXN) has appreciated by 12,25%
- Chilean peso (CLP) has depreciated by 2,40%
- Argentine peso (ARS) has depreciated by 97,57%
In other news, the Ibovespa fell 0,53% Yesterday, closing at 115.591,52 points.
The best performing Ibovespa stocks were:
- Cielo SA (CIEL3) rose 2,67%
- Centrais Eletricas Brasileiras SA (ELET3) rose 2,15%
- Minerva SA/Brazil (BEEF3) rose 1,53%
And the worst were:
- Cyrela Brazil Realty SA Empreendimentos e Participacoes (CYRE3) fell 4,25%
- Magazine Luiza SA (MGLU3) fell 5,05%
- Sao Martinho S/A (SMTO3) fell 5,40%
- Content created with the help of automated data from Bloomberg.
