Brazilian Real to USD: How Did the Exchange Rate Close on Friday, August 18

How much is $1 US in Brazil?

The dollar lost strength against the Brazilian real on Friday, August 18, at 05:58 pm (Brasilia time). The American currency closed at R$ 4,97, depreciating by 0,15% throughout the day. The exchange rate on Thursday had ended trading at R$ 4,98.

The dollar reached a high of R$ 5,00 and a low of R$ 4,96 this Friday.

This year, the dollar has depreciated by 5,98% 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$ 5,02.

VIEW +

Brazil’s Vision of a Balanced Budget Is Clashing with Revenue Realities

Finance Minister Fernando Haddad’s team is starting to acknowledge that he may break his promises and run a deficit next year

Is Brazil a cheap country to visit?

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 posted a 15,06% uptick against the greenback. On the other hand, the worst performing currency has been the Argentine peso, which has variation -97,54% of its value against the dollar.

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

• Gol Linhas Aereas Inteligentes SA (GOLL4) up 25,84%
• Magazine Luiza SA (MGLU3) up 6,38%
• Atacadao SA (CRFB3) up 5,24%

VIEW +

Brazil’s Russian Fuel Imports Soar to Record High

Imports of Russian petroleum products are set to rise 25% from July to about 235,000 barrels a day

And the worst-performing stocks were:

• Ultrapar Participacoes SA (UGPA3) down 1,51%
• WEG SA (WEGE3) down 1,76%
• Rede D'Or Sao Luiz SA (RDOR3) down 1,85%

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