USD/BRL FX rate, up until May 24, 2024
Brazilian real lost approximately 16 percent of its value in comparison to the U.S. dollar, due to the economic and financial recession originated by the COVID-19 pandemic.
Up until 2020, one U.S. dollar could buy an increasing amount of Brazilian reals but this trend changed after 2021. As of May 24, 2024, one U.S. dollar was worth approximately 5.17 Brazilian real. Between March 2 and May 28 of 2020, the