Real to USD: What Is the Exchange Rate on Thursday, October 5

Latin America’s biggest currency is trading depreciating this morning

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By Bloomberg Línea
October 05, 2023 | 07:43 AM

How much is $1 US in Brazil?

The US dollar could be exchanged for R$ 5.17 at 09:14 am (Brasilia time), or 0.295% more than yesterday.

The greenback had closed yesterday at R$ 5.16, appreciating by 0.19%. Its highest value yesterday was R$ 5.18, and its lowest was R$ 5.12.

Is Brazil a cheap country to visit?

The Brazilian real has appreciated 2.29% 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$ 5.01.

The Brazilian currency ranks 3 in a basket of 23 emerging market currencies, boasting one the strongest performances this year.

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The currency that has appreciated the most against the US dollar this year is the colombian peso, with a variation of 11.99%. On the other hand, the worst has been the argentine peso, which has lost -97.60% of its value.

Latin American currencies have performed as follows in 2023:

  • Colombian peso (COP) has appreciated by 11.99%
  • Peruvian peso (PEN) has depreciated by 0.18%
  • Mexican peso (MXN) has appreciated by 7.45%
  • Chilean peso (CLP) has depreciated by 7.84%
  • Argentine peso (ARS) has depreciated by 97.60%

In other news, the Ibovespa rose 0.17% Yesterday, reaching 113,419.04 points.

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The best performing Ibovespa stocks were:

  • YDUQS Participacoes SA (YDUQ3) rose 7.61%
  • CVC Brasil Operadora e Agencia de Viagens SA (CVCB3) rose 7.53%
  • Locaweb Servicos de Internet SA (LWSA3) rose 7.19%

And the worst were:

  • Marfrig Global Foods SA (MRFG3) fell 2.68%
  • Petroreconcavo S/A (RECV3) fell 2.77%
  • PRIO SA/Brazil (PRIO3) fell 2.81%

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

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