Exchange Rate Calculator

The exchange rate between the Brazilian Real (BRL) and the Canadian Dollar (CAD) has exhibited notable fluctuations over the past few months. This report provides an analysis of the BRL/CAD exchange rate trends, factors influencing these movements, and forecasts for the near future.

Recent Exchange Rate Trends

From late 2024 to early 2025, the BRL/CAD exchange rate experienced significant volatility. On December 25, 2024, the rate reached its lowest point at 0.2132 CAD per BRL. By March 17, 2025, it had climbed to a peak of 0.2513 CAD per BRL, marking an approximate 17.9% increase over this period. The average exchange rate during these months was around 0.2418 CAD per BRL.

Factors Influencing the Exchange Rate

Several factors have contributed to the observed fluctuations in the BRL/CAD exchange rate:

• Economic Indicators: Brazil's economic performance, including GDP growth, inflation rates, and interest rates, directly impacts the value of the Real. Similarly, Canada's economic health influences the Canadian Dollar. Divergences in these indicators between the two countries can lead to exchange rate adjustments.

• Commodity Prices: Both Brazil and Canada are major exporters of commodities. Fluctuations in global commodity prices, such as oil and agricultural products, can affect the trade balances and, consequently, the exchange rates of both nations.

• Political Events: Political stability and policy decisions in either country can influence investor confidence and currency valuations.

Forecasts and Predictions

Looking ahead, various forecasts suggest a potential appreciation of the BRL against the CAD:

• Short-Term Forecasts: Predictions for March 2025 indicate that the BRL/CAD exchange rate may range between 0.2482 and 0.2507, with an average rate of 0.2495.

• Medium-Term Forecasts: By October 2025, the exchange rate is projected to reach approximately 0.2834 CAD per BRL, representing a potential increase of about 12.9% from current levels.

• Long-Term Forecasts: Over the next five years, the BRL/CAD exchange rate is anticipated to rise to around 0.3741, indicating a 49% increase from current rates.

Conclusion

The BRL/CAD exchange rate has shown considerable volatility in recent months, influenced by economic indicators, commodity prices, and political events. While forecasts suggest a potential appreciation of the BRL against the CAD in the coming months and years, it is essential for investors and businesses to monitor ongoing economic developments and geopolitical events that may impact currency valuations.