The Brazilian real appreciated sligthly to 4.98 per USD in mid-May, giving back part of its recent sharp losses after briefly weakning beyond the 5.00 level. The downward move followed reports alleging ties between Senator Flávio Bolsonaro, a contender in Brazil’s October presidential election, and Daniel Vorcaro, owner of failed lender Banco Master, who was charged with fraud. Investors assessed that the allegations could weaken Flávio Bolsonaro’s candidacy, currently seen as President Luiz Inácio Lula da Silva’s main challenger. Abroad, the US dollar strengthened alongside rising Treasury yields, as markets increasingly priced in the possibility of additional Federal Reserve rate hikes later this year.
The USD/BRL exchange rate fell to 5.0057 on May 15, 2026, down 0.41% from the previous session. Over the past month, the Brazilian Real has weakened 0.24%, but it's up by 11.92% 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 May 15 of 2026.
The USD/BRL exchange rate fell to 5.0057 on May 15, 2026, down 0.41% from the previous session. Over the past month, the Brazilian Real has weakened 0.24%, but it's up by 11.92% over the last 12 months. The Brazilian Real is expected to trade at 4.89 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.74 in 12 months time.