Exchange Rate Calculator

The exchange rate between the Indian Rupee (INR) and the Brazilian Real (BRL) has experienced notable fluctuations over the past few months. This report provides an analysis of the recent trends, technical indicators, and future projections for the INR/BRL currency pair.

Recent Exchange Rate Trends

As of June 27, 2025, the INR/BRL exchange rate stood at approximately 6.4193, indicating that one Indian Rupee was equivalent to 0.1557 Brazilian Reais. This reflects a depreciation of the Indian Rupee against the Brazilian Real over the preceding months.

In March 2025, the exchange rate was around 6.5, with the Rupee strengthening to approximately 6.3 in April. However, by June, the Rupee had depreciated back to around 6.4. This trend suggests a period of volatility, with the Rupee experiencing both appreciation and depreciation against the Real within a short span.

Technical Analysis

Technical indicators as of June 3, 2025, suggest a bearish outlook for the INR/BRL pair. The Relative Strength Index (RSI) was at 29.614, indicating that the currency pair was approaching oversold territory. The Moving Average Convergence Divergence (MACD) stood at -0.015, reinforcing the bearish sentiment. Additionally, the Average Directional Index (ADX) was at 69.729, suggesting a strong downward trend. These indicators collectively point towards a potential continuation of the Rupee's depreciation against the Real in the near term.

Forecast and Projections

Short-term forecasts indicate a potential further depreciation of the Indian Rupee against the Brazilian Real. Projections for the next 14 days suggest a possible decline to 0.0622, representing a decrease of approximately 2.956% from the current rate. Over the next 12 months, the exchange rate is expected to fluctuate between 15.0496 and 15.8801, with an average rate of 15.46485. This suggests a potential appreciation of the Real against the Rupee over the coming year.

Factors Influencing the Exchange Rate

Several factors have contributed to the recent movements in the INR/BRL exchange rate:

• Economic Indicators: Differences in economic growth rates, inflation, and interest rates between India and Brazil can influence investor confidence and currency valuations.

• Trade Balances: The trade relationship between the two countries, including export and import volumes, affects demand for each other's currencies.

• Global Market Sentiment: Emerging market currencies like the INR and BRL are often influenced by global risk appetite, commodity prices, and geopolitical events.

Conclusion

The INR/BRL exchange rate has exhibited volatility over the past few months, with a general trend of Rupee depreciation against the Real. Technical indicators and short-term forecasts suggest a continuation of this trend in the near future. Investors and businesses engaged in transactions involving these currencies should closely monitor economic developments and market sentiments in both India and Brazil to make informed decisions.