Real to USD: What is the Exchange Rate on Tuesday, August 22

Latin America’s biggest currency is appreciating against the US dollar this morning

Real to USD: What is the Exchange Rate on Tuesday, August 22
By Bloomberg Línea
August 22, 2023 | 08:14 AM

How Much Is $1 US in Brazil?

The US dollar could be exchanged for R$ 4,95 at 09:14 am (Brasilia time), or 0,526% less than yesterday.

The greenback had closed Monday at R$ 4,98, appreciating by 0,19%. Its highest value yesterday was R$ 5,00, and its lowest was R$ 4,96.

BRICS Expansion Gains Support, But Doubts Persist

Is Brazil a cheap country to visit?

The Brazilian real has appreciated 6,35% 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 this year in Latin America.


The currency that has appreciated the most against the US dollar this year is the Colombian peso, which has strengthened by 15,31%. On the other hand, the worst has been the Argentine peso, which has lost 97,54% of its value.

Emerging Markets Will Withstand China’s Economic Woes, Goldman Sachs Says

Latin American currencies have performed as follows in 2023:

  • Colombian peso (COP) has appreciated by 15,31%
  • Peruvian peso (PEN) has appreciated by 2,11%
  • Mexican peso (MXN) has appreciated by 12,74%
  • Chilean peso (CLP) has depreciated by 1,96%
  • Argentine peso (ARS) has depreciated by 97,54%

In other news, the Ibovespa fell 0,85% Yesterday, reaching 115.408,52 points.


The best performing Ibovespa stocks that day were:

  • Pet Center Comercio e Participacoes SA (PETZ3) rose 2,45%
  • Magazine Luiza SA (MGLU3) rose 1,67%
  • Cia Energetica de Minas Gerais (CMIG4) rose 1,67%

And the worst were:

  • Arezzo Industria e Comercio SA (ARZZ3) fell 3,26%
  • Marfrig Global Foods SA (MRFG3) fell 3,40%
  • YDUQS Participacoes SA (YDUQ3) fell 5,03%

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