Brazilian Real to USD: How Did the Exchange Rate Close on Tuesday, August 22

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

Brazilian Real to USD: How Did the Exchange Rate Close on Tuesday, August 22. Crédito: (Shutterstock)
By Bloomberg Línea
August 22, 2023 | 04:13 PM

The US dollar closed lower against the Brazilian real on Tuesday, August 22, at 05:58 pm (Brasilia time). The American currency ended trading at R$ 4,94, depreciating by 0,84% throughout the day.

The dollar reached a high of R$ 4,97 and a low of R$ 4,93 this Tuesday.

This year, the real has appreciated by 6,60% against the US dollar. 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.

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The real’s average performance this year has been stronger than that of currencies in emerging markets. The currency with the best performance this year has been the Colombian peso, which has posted a 15,11% uptick against the greenback. On the other hand, the worst performing currency has been the Argentine peso, which has declined 97,58% against the dollar.


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

  • IRB-Brasil Resseguros SA (IRBR3) up 9,14%
  • Vibra Energia SA (VBBR3) up 7,61%
  • Ez Tec Empreendimentos e Participacoes S/A (EZTC3) up 6,99%
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And the worst-performing stocks were:

  • Engie Brasil Energia SA (EGIE3) down 1,55%
  • Marfrig Global Foods SA (MRFG3) down 1,83%
  • Petroleo Brasileiro SA (PETR3) down 1,90%

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