Best GBP > BRL exchange rates August 2018 | finder.com
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Live GBP > BRL exchange rates as of Aug 18, 2018

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Find the best exchange rate when converting your British pounds to Brazilian real.

If you’re a forex investor or simply looking to trade British pounds for Brazilian real, get the most for your money with a strong exchange rate.

Today’s mid-market rate

The mid-market pound-to-real exchange rate is 1 GBP = 3.84 BRL. (Rate accurate as of March 8, 2017.)

How does the British pound trade against the Brazilian real historically?

The oldest actively traded currency on the forex market, the British pound has a rich history. The modern Brazilian real was more recently introduced in 1994, when it replaced the old cruzeiro real. The introduction of the Brazilian real was part of a substantial monetary reform package to put an end to three decades of aggressive inflation. At the time of its introduction, the Brazilian real was 1:1 with the US dollar and 1.531964 per British pound.

In 1999, the Brazilian real suffered a sudden devaluation when it reached 3.349984 per pound and continued weakening until it reached an average of 5.340115 per pound in 2004. The real made a partial recovery, dropping to 2.681208 per pound in 2011 until the domestic economic crisis of 2015. The British pound thrived during the Brazilian economic crisis with an exchange rate of 5.9 BRL = 1 GBP.

Since 2015, the real has been made a gradual recovery. Brexit — or Britain’s proposed exit from the European Union — in June 2016 helped its recovery. In June 2016 the real averaged 4.900208 per pound, dropping to 4.300524 per pound in July 2016. Since Brexit, the British pound has weakened against the Brazilian real, reaching under 4.0 to the real in 2017.

Exchange rate history: British pound to Brazilian real

Using historical data to forecast the GBP/BRL exchange rate

The past can be a good indicator of the future. The sociopolitical atmosphere, interest and inflation rates, foreign trade, public debt and export-to-import price ratios all influence exchange rates.

We’ve put together the annual average exchange rate for the British pound against the Brazilian real from 2007 to 2016.

YearGBP = BRL
20164.746978
20155.101208
20143.87177
20133.381146
20123.098471
20112.681208
20102.72001
20093.080885
20083.354596
20073.907235

Here’s the monthly average exchange rate for the British pound against the Brazilian real over the past 12 months.

MonthGBP = BRL
Feb. 20173.879231
Jan. 20173.947083
Dec. 20164.18829
Nov. 20164.167589
Oct. 20163.953969
Sep. 20164.282352
Aug. 20164.20302
July 20164.300524
June 20164.900208
May 20165.135846
April 20165.087775
March 20165.277144

What affects GBP > BRL exchange rates?

The five main factors influencing the British pound and Brazilian real are monetary policy, price inflation, confidence and sentiment, economic growth using the gross domestic product (GDP) and the balance of payments. These factors can offer a comprehensive view of the direction a currency is going.

Compare today’s rates from providers that can send GBP to BRL

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Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1 Within an hour GBP 3.99 4.942 BRL 24,690 Use promo code FINDER to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details

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Bottom line

When exchanging British pounds for Brazilian real, find a provider that offers two-sided quotes to understand the spread they charge. If they show you only the buy or sell rate — but not both — consider looking elsewhere. Ultimately, the close you can get to the mid-market rate, the better the deal.

Get the best rate for your British pounds

We’ve gathered today’s best rates to inform your forex decisions when trading popular currencies.

Refreshing in: 60s | Sun, 19 Aug 01:27am GMT
USD AUD CAD EUR CNY GBP INR MXN PHP
1 USD = 1.0000 1.3668 Inverse: 0.7316 1.3060 Inverse: 0.7657 0.873325 Inverse: 1.1450 6.8746 Inverse: 0.1455 0.78419 Inverse: 1.2752 69.795 Inverse: 0.0143 18.8935 Inverse: 0.0529 53.294962 Inverse: 0.0188
1 AUD = 0.7316 Inverse: 1.3668 1.0000 0.9555 Inverse: 1.0466 0.6390 Inverse: 1.5651 5.0297 Inverse: 0.1988 0.5737 Inverse: 1.7429 51.0645 Inverse: 0.0196 13.8232 Inverse: 0.0723 38.9925 Inverse: 0.0256
1 EUR = 1.1450 Inverse: 0.8733 1.5651 Inverse: 0.6390 1.4954 Inverse: 0.6687 1.0000 7.8717 Inverse: 0.1270 0.897936 Inverse: 1.1137 79.918702 Inverse: 0.0125 21.6340 Inverse: 0.0462 61.0253 Inverse: 0.0164
1 GBP = 1.2752 Inverse: 0.7842 1.7429 Inverse: 0.5737 1.6654 Inverse: 0.6005 1.1137 Inverse: 0.8979 8.7664 Inverse: 0.1141 1.0000 89.002665 Inverse: 0.0112 24.0930 Inverse: 0.0415 67.9618 Inverse: 0.0147

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