Exchange Rate Calculator

The exchange rate between the Brazilian Real (BRL) and the Indian Rupee (INR) has experienced notable fluctuations over the past several months. This report provides an analysis of the BRL/INR exchange rate trends, highlighting key movements and potential influencing factors.

Recent Exchange Rate Trends

January 2025:

• Opening Rate (January 1): 1 BRL = 13.573 INR
• Closing Rate (January 31): 1 BRL = 14.748 INR
• Highest Rate: 14.789 INR on January 28
• Lowest Rate: 13.573 INR on January 1
• Overall Performance: The BRL appreciated by approximately 6.17% against the INR during January. (goodreturns.in)

February 2025:

• Opening Rate (February 1): 1 BRL = 14.840 INR
• Closing Rate (February 28): 1 BRL = 14.861 INR
• Highest Rate: 15.283 INR on February 19
• Lowest Rate: 14.840 INR on February 2
• Overall Performance: The BRL showed a modest appreciation of 0.73% against the INR in February. (goodreturns.in)

March 2025:

• Opening Rate (March 1): 1 BRL = 14.861 INR
• Closing Rate (March 17): 1 BRL = 15.283 INR
• Highest Rate: 15.283 INR on March 17
• Lowest Rate: 14.861 INR on March 1
• Overall Performance: The BRL appreciated by approximately 2.84% against the INR up to mid-March. (exchange-rates.org)

Analysis of Exchange Rate Movements

The BRL/INR exchange rate has demonstrated a general upward trend from January to mid-March 2025. Several factors may have contributed to this appreciation:

1. Economic Indicators:

   • Brazil: Positive economic data, such as GDP growth, trade surpluses, or favorable fiscal policies, can bolster the Real's strength.
   • India: Conversely, economic challenges or policy changes in India might lead to a weaker Rupee.

2. Commodity Prices:

   • Brazil is a major exporter of commodities like soybeans, iron ore, and oil. Rising global commodity prices can enhance Brazil's trade balance, strengthening the Real.

3. Interest Rate Differentials:

   • Differences in interest rates set by the central banks of Brazil and India can influence capital flows. Higher interest rates in Brazil relative to India may attract foreign investment, increasing demand for the Real.

4. Global Economic Conditions:

   • Global economic events, such as changes in U.S. monetary policy or geopolitical tensions, can impact emerging market currencies, including the BRL and INR.

Historical Context

Looking at the broader historical context, the BRL/INR exchange rate has seen significant fluctuations:

• 2024:

  • Highest Rate: 17.146 INR on January 1
  • Lowest Rate: 12.688 INR on December 25
  • Overall Performance: The BRL depreciated by approximately 19.30% against the INR over the year. (exchange-rates.org)

• 2021:

  • Highest Rate: 15.0953 INR
  • Lowest Rate: 12.4806 INR
  • Average Rate: 13.7165 INR (exchangerates.org.uk)

These historical trends underscore the volatility inherent in the BRL/INR exchange rate, influenced by a complex interplay of economic, political, and global factors.

Conclusion

The Brazilian Real has shown a strengthening trend against the Indian Rupee from January to mid-March 2025, appreciating by approximately 12.51% during this period. (exchange-rates.org) This movement reflects a combination of domestic economic performance, global commodity prices, interest rate differentials, and broader global economic conditions. Given the historical volatility of the BRL/INR exchange rate, stakeholders should remain vigilant and consider a comprehensive range of factors when making financial decisions involving these currencies.