Exchange Rate Calculator

The exchange rate between the Brazilian Real (BRL) and the Mexican Peso (MXN) has exhibited notable fluctuations over the past few months. This report provides an in-depth analysis of the BRL/MXN exchange rate, examining recent trends, underlying economic factors, and potential future movements.

Recent Exchange Rate Trends

In 2025, the BRL/MXN exchange rate has experienced significant volatility. The highest recorded rate was 3.5925 MXN per BRL on March 31, 2025, while the lowest was 3.2936 MXN per BRL on March 4, 2025. The average exchange rate during this period was approximately 3.4629 MXN per BRL. (exchange-rates.org)

A closer look at the daily exchange rates reveals the following:

• March 2025: The exchange rate fluctuated between 3.2900 MXN and 3.5925 MXN per BRL, indicating a period of heightened volatility. (exchange-rates.org)

• April 2025: The rate stabilized somewhat, averaging around 3.45 MXN per BRL, with minor daily fluctuations.

• May 2025: A slight upward trend was observed, with the exchange rate reaching approximately 3.50 MXN per BRL by the end of the month.

• June 2025: The rate remained relatively stable, hovering around 3.44 MXN per BRL. (investing.com)

Economic Factors Influencing the Exchange Rate

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

1. Trade Policies and Tariffs: In April 2025, the United States escalated its use of tariffs, impacting global trade dynamics. Despite these developments, the Mexican Peso was expected to remain relatively stable in the coming months. (reuters.com)

2. Interest Rate Differentials: Brazil's central bank maintained a high benchmark interest rate of 14.25% to combat inflation, while Mexico's key rate stood at 9.00%. This interest rate differential attracted investors to the Brazilian Real, contributing to its appreciation against the Mexican Peso. (reuters.com)

3. Economic Performance: Both Brazil and Mexico experienced varying economic performances, influencing investor confidence and currency valuations. Brazil's proactive monetary policies aimed at controlling inflation bolstered the Real, while Mexico's trade negotiations and economic stability supported the Peso.

Technical Analysis

Technical indicators as of April 28, 2025, suggested a strong buy signal for the BRL/MXN currency pair. Key indicators included:

• Relative Strength Index (RSI): At 68.554, indicating a bullish trend.

• Moving Average Convergence Divergence (MACD): Positive at 0.005, suggesting upward momentum.

• Average Directional Index (ADX): At 26.487, pointing to a strong trend. (investing.com)

These indicators reflected a favorable outlook for the Brazilian Real against the Mexican Peso during that period.

Future Outlook

Looking ahead, several factors could influence the BRL/MXN exchange rate:

1. Monetary Policies: Any changes in interest rates by the central banks of Brazil and Mexico will impact the exchange rate. A widening interest rate differential could favor the Real, while a narrowing could benefit the Peso.

2. Trade Relations: Ongoing trade negotiations and potential tariff implementations, especially involving major trading partners like the United States, will play a crucial role in currency valuations.

3. Economic Indicators: GDP growth rates, inflation levels, and employment statistics in both countries will continue to influence investor confidence and currency demand.

Conclusion

The BRL/MXN exchange rate has been subject to significant fluctuations in 2025, driven by trade policies, interest rate differentials, and economic performances. While technical indicators have shown bullish signals for the Real, future movements will depend on monetary policies, trade relations, and economic indicators in both Brazil and Mexico. Investors should closely monitor these factors to make informed decisions regarding the BRL/MXN currency pair.