Exchange Rate Calculator

The exchange rate between the South Korean Won (KRW) and the Brazilian Real (BRL) has experienced notable fluctuations over the past few months. This report provides an analysis of the KRW/BRL exchange rate trends, examining the factors influencing these movements and offering insights into potential future developments.

Recent Exchange Rate Trends

In 2025, the KRW/BRL exchange rate has exhibited a downward trend. The highest rate recorded was 0.0043 BRL per KRW on March 4, 2025, while the lowest was 0.0039 BRL per KRW on February 18, 2025. The average exchange rate over this period was approximately 0.0041 BRL per KRW. Overall, the KRW/BRL rate decreased by 6.93% during this timeframe. (valutafx.com)

Factors Influencing the Exchange Rate

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

1. Economic Performance: South Korea's economy has faced challenges due to global supply chain disruptions and fluctuating demand for its exports, particularly in the technology sector. Conversely, Brazil's economy has benefited from rising commodity prices, bolstering its trade balance and strengthening the BRL.

2. Monetary Policies: The Bank of Korea has maintained a relatively accommodative monetary policy to support economic recovery, keeping interest rates low. In contrast, the Central Bank of Brazil has adopted a more aggressive stance, raising interest rates to combat inflation, thereby attracting foreign investment and increasing demand for the BRL.

3. Political Stability: Political developments in both countries have also played a role. Brazil's recent political stability has improved investor confidence, while South Korea has experienced political uncertainties that may have impacted the KRW's performance.

Historical Context

To provide a broader perspective, it's useful to examine the KRW/BRL exchange rate over the past few years:

• 2024: The KRW/BRL exchange rate experienced significant volatility. The highest rate was 0.004621 BRL per KRW on December 25, 2024, and the lowest was 0.003675 BRL per KRW on January 17, 2024. The average rate for the year was 0.003954 BRL per KRW, marking an 11.58% increase compared to the previous year. (exchange-rates.org)

• 2023: The exchange rate remained relatively stable, with minor fluctuations. For instance, in April 2023, the rate ranged from 0.00373 to 0.00390 BRL per KRW. (freecurrencyrates.com)

• 2022: The KRW/BRL exchange rate showed a gradual decline. In April 2022, the rate decreased from 0.00430 to 0.00394 BRL per KRW. (freecurrencyrates.com)

• 2021: The exchange rate was higher compared to subsequent years. In April 2021, it ranged from 0.00483 to 0.00510 BRL per KRW. (freecurrencyrates.com)

Implications for Stakeholders

The fluctuations in the KRW/BRL exchange rate have several implications:

• Exporters and Importers: South Korean exporters to Brazil may face reduced competitiveness due to the weaker KRW, while Brazilian exporters to South Korea could benefit from the stronger BRL.

• Investors: Currency fluctuations can impact the returns on investments denominated in KRW or BRL. Investors should consider hedging strategies to mitigate currency risk.

• Tourists: Travelers between the two countries may find changes in travel costs due to exchange rate movements.

Future Outlook

Predicting future exchange rate movements is inherently uncertain, but several factors could influence the KRW/BRL rate:

• Economic Recovery: The pace of economic recovery in both countries post-pandemic will play a crucial role. Stronger recovery in South Korea could bolster the KRW, while sustained growth in Brazil could maintain the BRL's strength.

• Monetary Policy Adjustments: Any changes in interest rates or monetary policies by the respective central banks will impact the exchange rate.

• Global Economic Conditions: External factors, such as commodity prices, global trade dynamics, and geopolitical events, will also influence the exchange rate.

Conclusion

The KRW/BRL exchange rate has experienced notable fluctuations over the past few months, influenced by economic performance, monetary policies, and political developments in both countries. Stakeholders should closely monitor these factors and consider appropriate strategies to manage the associated risks and opportunities.