Exchange Rate Calculator

The exchange rate between the Brazilian Real (BRL) and the New Zealand Dollar (NZD) has exhibited notable fluctuations over the past few months. This report provides an analysis of the recent trends, key influencing factors, and future projections for the BRL/NZD currency pair.

Recent Exchange Rate Trends

From January 1, 2025, to June 28, 2025, the BRL/NZD exchange rate experienced a range of movements:

• Highest Rate: 0.30947 NZD per BRL on April 2, 2025.
• Lowest Rate: 0.28310 NZD per BRL on March 4, 2025.
• Average Rate: 0.29913 NZD per BRL over this period.

These figures indicate a moderate level of volatility, with the exchange rate fluctuating within a band of approximately 2.6 cents. (exchangerates.org.uk)

Factors Influencing the BRL/NZD Exchange Rate

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

1. Economic Indicators: Key metrics such as GDP growth, inflation rates, and employment figures in both Brazil and New Zealand have impacted investor confidence and currency valuations.

2. Monetary Policies: Decisions by the central banks of both countries regarding interest rates and monetary policies have influenced capital flows and exchange rates.

3. Commodity Prices: Both Brazil and New Zealand are significant exporters of commodities. Fluctuations in global commodity prices have affected their trade balances and, consequently, their currencies.

4. Political Events: Political stability and policy changes in either country can lead to shifts in investor sentiment, impacting currency strength.

Historical Context

Looking back at 2024, the BRL/NZD exchange rate exhibited a broader range:

• Highest Rate: 0.3349 NZD per BRL on March 25, 2024.
• Lowest Rate: 0.2629 NZD per BRL on December 25, 2024.
• Average Rate: 0.3077 NZD per BRL over the year.

This indicates that while the exchange rate has remained relatively stable in 2025, it experienced more significant fluctuations in the previous year. (exchange-rates.org)

Future Projections

Analysts have provided forecasts for the BRL/NZD exchange rate:

• Short-Term Forecast: The exchange rate is expected to reach up to 0.3075 NZD per BRL within the next year, suggesting a potential appreciation of the Brazilian Real against the New Zealand Dollar. (s2.walletinvestor.com)

• Long-Term Forecast: Projections indicate that the BRL/NZD exchange rate could reach 0.387 NZD per BRL by 2029, reflecting a more substantial appreciation over the longer term. (s2.walletinvestor.com)

Conclusion

The BRL/NZD exchange rate has shown moderate volatility in recent months, influenced by a combination of economic indicators, monetary policies, commodity prices, and political events. While short-term forecasts suggest a slight appreciation of the Brazilian Real against the New Zealand Dollar, long-term projections indicate a more significant strengthening of the BRL. Investors and businesses engaged in transactions involving these currencies should monitor these factors closely to make informed decisions.