The legal tender in Brazil is set to end 2023 with a strengthening of close to 5.33% against the US dollar.
He Brazilian real It is a currency that was able, through devaluation, to endure with stability the economic impact of the Covid-19 pandemic, to the point that, throughout the current year, it seems to continue gaining some of the ground lost during the fateful years 2020 and 2021. but also in 2022.
According to the official quote of the Central Bank of Brazil (BC)the real closed the last exchange day of 2022 (December 30) at 5.2171 reais per dollarwhile last Friday, December 15, it did so at 4.9391 reais per dollar, that is, it experienced a cumulative recovery of 5.33% against the US currency.
How did you cope with Uruguayan Peso? Based on the historical quotes of the Central Bank of Uruguay (BCU) We can see that as of December 30, 2022, the Brazilian currency was trading at 8.348 Uruguayan pesos per real, while last Friday it closed at 8.206 Uruguayan pesos per real (arbitration 4.799903), that is, a cumulative fall of 1.70% against the local currency.
The money of Brazil It was more expensive against the Uruguayan peso on January 17, 2022, when it was quoted at 8,422 pesos per real, and it was cheaper on June 20, when it was quoted at 7,663 pesos per real.
When changing 100 dollars in Brazil Today we would obtain about 493.91 reais, but if we were to buy them directly with Uruguayan pesos, it would cost us 4,053.03 pesos, that is, about 102.9 dollars, according to interbank values.
Average evolution of the real against the dollar in the last 10 years, according to the International Monetary Fund
- 2013 – 2.15
- 2014 – 2.35
- 2015 – 3.33
- 2016 – 3.48
- 2017 – 3.19
- 2018 – 3.65
- 2019 – 3.94
- 2020 – 5.15
- 2021 – 5.39
- 2022 – 5.10
Source: Ambito
