Best GBP > BRL exchange rates October 2018 | finder.com
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Live GBP > BRL exchange rates as of Oct 23, 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 4.755 BRL 23,755 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 | Wed, 24 Oct 03:11am GMT
USD AUD CAD EUR CNY GBP INR MXN PHP
1 USD = 1.0000 1.4095 Inverse: 0.7095 1.3078 Inverse: 0.7646 0.87211 Inverse: 1.1466 6.9376 Inverse: 0.1441 0.770314 Inverse: 1.2982 73.195 Inverse: 0.0137 19.2723 Inverse: 0.0519 53.715 Inverse: 0.0186
1 AUD = 0.7095 Inverse: 1.4095 1.0000 0.9279 Inverse: 1.0777 0.6188 Inverse: 1.6161 4.9222 Inverse: 0.2032 0.5465 Inverse: 1.8297 51.9316 Inverse: 0.0193 13.6736 Inverse: 0.0731 38.1106 Inverse: 0.0262
1 EUR = 1.1466 Inverse: 0.8721 1.6161 Inverse: 0.6188 1.4996 Inverse: 0.6668 1.0000 7.9550 Inverse: 0.1257 0.883277 Inverse: 1.1321 83.928681 Inverse: 0.0119 22.0984 Inverse: 0.0453 61.5920 Inverse: 0.0162
1 GBP = 1.2982 Inverse: 0.7703 1.8297 Inverse: 0.5465 1.6978 Inverse: 0.5890 1.1321 Inverse: 0.8833 9.0062 Inverse: 0.1110 1.0000 95.019644 Inverse: 0.0105 25.0187 Inverse: 0.0400 69.7313 Inverse: 0.0143

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