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Currency.Wiki
Updated 4 minutes ago
 BRL =
    MXN
 Brazilian Real =  Mexican Pesos
Trending: R$ exchange rates for the last 24 hours

BRL/MXN exchange rate analysis over the past 90 days

Brazilian Real to Mexican Peso exchange rate: Over the last 90 days, the Brazilian Real weakened by -2.48% against the Mexican Peso, declining from MX$3.4888 to MX$3.4044 per Brazilian Real. This trend reflects the evolving economic dynamics between the Brazil and the Mexico. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Brazil and Mexico.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Brazil and Mexico.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Brazil or Mexico.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Brazil relative to the Mexico.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

R$

Brazilian Real Currency

Country: Brazil

Symbol: R$

ISO Code: BRL

Bank: Central Bank of Brazil

Interesting fact about Brazilian Real

The Brazilian Real (BRL) is the official currency of Brazil. It was first introduced in 1994 to replace the Brazilian Cruzeiro. The Real plays a significant role in Brazil's economy as it helps facilitate trade and commerce within the country. It is subject to fluctuations in foreign exchange markets and affects the purchasing power of Brazilians.

MX$

Mexican Peso Currency

Country: Mexico

Symbol: MX$

ISO Code: MXN

Bank: Bank of Mexico

Interesting fact about Mexican Peso

The Mexican Peso (MXN) is the official currency of Mexico. It has a rich history dating back to the colonial era. The peso has played a significant role in Mexico's economy, serving as a symbol of national identity and reflecting the country's economic ups and downs. Today, it is widely accepted and used for daily transactions and international trade.

Quick Conversion Guide

Frequently Asked Questions

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The Brazilian Real to Mexican Peso exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 BRL to MXN is MX$3.4.
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Yes, our site provides historical charts that show the trends and fluctuations in the Brazilian Real to Mexican Peso exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.