Exchange Rate Calculator

The exchange rate between the Brazilian Real (BRL) and the New Taiwan Dollar (TWD) has experienced notable fluctuations over the past few years, influenced by various economic factors in both Brazil and Taiwan. This report provides an analysis of the BRL/TWD exchange rate trends, focusing on the period from 2021 to early 2025.

Exchange Rate Trends from 2021 to Early 2025

2021:

In 2021, the BRL/TWD exchange rate exhibited moderate volatility. The rate fluctuated between approximately 4.87 TWD and 6.07 TWD per BRL. Notably, in October 2021, the exchange rate ranged from 5.13 TWD to 5.65 TWD per BRL.

2022:

The year 2022 saw a strengthening of the Brazilian Real against the New Taiwan Dollar. The exchange rate reached its peak on January 15, 2024, at 6.4174 TWD per BRL. Throughout 2022, the average exchange rate was 5.9771 TWD per BRL, with the lowest point recorded on December 25, 2024, at 4.8564 TWD per BRL.

2023:

In 2023, the BRL/TWD exchange rate remained relatively stable, with minor fluctuations. For instance, in August 2023, the exchange rate was around 0.153 TWD per BRL.

2024:

The exchange rate in 2024 experienced significant volatility. The highest rate was recorded on January 15, 2024, at 6.4174 TWD per BRL, while the lowest was on December 25, 2024, at 4.8564 TWD per BRL. The average exchange rate for the year was 5.9771 TWD per BRL.

Early 2025:

In the first quarter of 2025, the BRL/TWD exchange rate showed a slight upward trend. The highest rate was 5.3573 TWD per BRL on January 6, 2025, and the lowest was 5.1949 TWD per BRL on January 1, 2025. The average exchange rate during this period was 5.3062 TWD per BRL.

Factors Influencing the Exchange Rate

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

1. Economic Performance:

   • Brazil: Economic indicators such as GDP growth, inflation rates, and fiscal policies have a direct impact on the value of the Brazilian Real.
   • Taiwan: Taiwan's export-driven economy, particularly its technology sector, influences the strength of the New Taiwan Dollar.

2. Monetary Policies:

   • Interest rate decisions by the Central Bank of Brazil and the Central Bank of the Republic of China (Taiwan) affect investor confidence and capital flows, thereby impacting exchange rates.

3. Global Market Dynamics:

   • Commodity prices, especially those of agricultural products and minerals exported by Brazil, can influence the BRL's value.
   • Global demand for technology products affects Taiwan's export revenues and, consequently, the TWD's strength.

4. Political Stability:

   • Political events and policy decisions in both countries can lead to investor uncertainty, affecting currency valuations.

Forecast for the BRL/TWD Exchange Rate

Projections for the BRL/TWD exchange rate suggest a gradual appreciation of the Brazilian Real against the New Taiwan Dollar over the next two years. For instance, the average rate is expected to increase from 5.4468 TWD per BRL in December 2024 to 5.5448 TWD per BRL by November 2026.

Conclusion

The BRL/TWD exchange rate has experienced notable fluctuations from 2021 to early 2025, influenced by economic performance, monetary policies, global market dynamics, and political stability in both Brazil and Taiwan. While forecasts indicate a gradual appreciation of the Brazilian Real against the New Taiwan Dollar, it is essential for investors and businesses to monitor ongoing economic developments and policy decisions in both countries to make informed financial decisions.