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Best GBP to BRL exchange rates today
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
Refreshing in: 60s | Thu, Oct 24, 04:47AM GMT
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How does the British pound trade against the Brazilian real historically?
When the Brazilian real was introduced in 1994 to end aggressive inflation, it was 1:1 with the US dollar and 1.531964 per British pound. However, in 1999 the Brazilian real suffered a sudden devaluation reaching 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 Brazilian economic crisis of 2015. This brought the 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.
GBP to BRL exchange rate history
Using historical data to forecast the GBP to BRL exchange rate, we’ve put together the average exchange rate for the British pound against the Brazilian real over the past week.
|Oct 17||Oct 18||Oct 19||Oct 20||Oct 21||Oct 22||Oct 23|
|1 GBP =||5.3550 Inverse: 0.1867||5.3392 Inverse: 0.1873||5.3392 Inverse: 0.1873||5.3065 Inverse: 0.1884||5.3553 Inverse: 0.1867||5.2565 Inverse: 0.1902||5.2129 Inverse: 0.1918|
Average exchange rate over the past 6 months.
|May 25||Jun 19||Jul 14||Aug 08||Sep 02||Sep 27|
|1 GBP =||5.1136 Inverse: 0.1956||4.8582 Inverse: 0.2058||4.6963 Inverse: 0.2129||4.7590 Inverse: 0.2101||5.0503 Inverse: 0.1980||5.1109 Inverse: 0.1957|
Average exchange rate over the past 10 years.
|1 GBP =||3.2119|
What affects GBP to 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.
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