Exchange Rate Calculator

The exchange rate between the Brazilian Real (BRL) and the New Zealand Dollar (NZD) has experienced notable fluctuations over the past few months. This report provides an analysis of the BRL/NZD exchange rate trends, examining historical data, recent movements, and potential influencing factors.

Historical Exchange Rate Overview

Over the past five years, the BRL/NZD exchange rate has exhibited significant variability. In early 2020, the rate was approximately 0.357 NZD per 1 BRL. By April 2020, it had declined to around 0.302 NZD. Throughout 2021, the exchange rate continued to fluctuate, reaching a low of 0.247 NZD in October 2021. In 2022, the rate showed a general upward trend, peaking at 0.339 NZD in October. By the end of 2024, the rate had decreased to approximately 0.286 NZD.

Recent Exchange Rate Movements

In 2025, the BRL/NZD exchange rate has demonstrated both volatility and growth. The year began with the rate at 0.2833 NZD on January 1, 2025. It reached its highest point of 0.3016 NZD on January 29, 2025, and as of March 4, 2025, the rate stood at 0.3030 NZD. This represents an approximate 6.45% increase in the value of the Brazilian Real relative to the New Zealand Dollar since the start of the year.

Factors Influencing the Exchange Rate

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

• Economic Indicators: Brazil's economic performance, including GDP growth, inflation rates, and trade balances, significantly impacts the value of the Real. Similarly, New Zealand's economic indicators influence the NZD. For instance, in February 2025, Brazil's Mid-Month Consumer Price Index (CPI) showed a year-over-year increase of 5.09%, indicating inflationary pressures that can affect currency valuation.

• Monetary Policies: Decisions by the central banks of both countries regarding interest rates and monetary policies play a crucial role. Divergent monetary policies can lead to capital flows that affect exchange rates.

• Global Market Sentiment: Investor sentiment, influenced by global economic conditions, geopolitical events, and commodity prices, can lead to shifts in demand for emerging market currencies like the BRL.

Forecast and Outlook

Analysts predict a modest appreciation of the BRL against the NZD in the near term. Forecasts suggest that the BRL/NZD exchange rate could reach up to 0.319 NZD within a year, indicating a potential increase of approximately 4.46%. However, these projections are subject to change based on evolving economic conditions and unforeseen events.

Conclusion

The BRL/NZD exchange rate has experienced notable fluctuations over the past few months, influenced by a combination of economic indicators, monetary policies, and global market sentiment. While recent trends indicate a strengthening of the Brazilian Real against the New Zealand Dollar, it is essential for investors and businesses to stay informed about ongoing economic developments and policy decisions in both countries to make well-informed financial decisions.