FX & Commodity Almanac

Currency pair · cross of two ECB reference rates

What is the USD/BRL reference rate and how has it moved?

The USD/BRL reference rate was 5.08282 on 16 Oct 2026: one USD was worth 5.08282 BRL. That is 6.7% below a year earlier and 26% of the way up its 52-week range. Annualised volatility over the year was 10.3%.

USD/BRL · 16 Oct 2026
5.08282Previous fixing 5.05701 (15 Oct 2026) · ▲ +0.51%
12-month change
▼ −6.7%from 5.44802 on 16 Oct 2025
52-week range
4.90191–5.58722low 11 May 2026 · high 23 Dec 2025
Volatility, 1 yr
10.3%annualised; full-year average since 2016: 14.8%

The past twelve months

USD/BRL daily ECB reference rate, past 12 monthsDaily USD/BRL from 16 Oct 2025 (5.44802) to 16 Oct 2026 (5.08282); 52-week high 5.58722 on 23 Dec 2025, low 4.90191 on 11 May 2026. 4.95.05.15.25.35.45.55.6 NovJanMarMayJulSept
Daily ECB reference fixings, 16 Oct 2025 – 16 Oct 2026 (255 fixings). Yellow dot: latest.

What the record shows

  1. Over the past year USD/BRL has been calmer than usual: 10.3% annualised volatility against a 14.8% average for full calendar years since 2016. Its calmest full year was 2023 (11.5%) and its busiest 2020 (21.1%).
  2. Since 4 Jan 2016 the rate has ranged from 3.04187 (16 Feb 2017) to 6.28523 (19 Dec 2024). Today's fixing is higher than 55% of the 2,763 daily fixings in that period.
  3. Five years ago, on 15 Oct 2021, the fixing was 5.48483, so the rate is 7.3% below that level. Over one month it is ▼ −1.23% (from 5.14588 on 16 Sept 2026).
  4. The largest single-day move of the past year was on 5 Oct 2026: 5.22138 → 4.98474 (▼ −4.53%).
  5. Read the other way round, 1 BRL was worth 0.19674 USD on 16 Oct 2026 (BRL/USD).

How is the USD/BRL figure on this page produced?

The ECB does not publish USD/BRL; it publishes each currency against the euro. The cross is the ratio of the two: BRL per euro ÷ USD per euro = 5.71970 ÷ 1.12530 = 5.08282 on 16 Oct 2026. Because both legs are fixed at the same moment, the cross is internally consistent, but it can differ slightly from a market quote at 14:10 CET. See how to calculate a cross rate.

Year by year

USD/BRL yearly close, change, high, low, average and volatility
YearCloseChangeHighLowAverageVol.
2026 to date 5.08282 ▼ −7.2% 5.44153 5 Jan 4.90191 11 May 5.14220 9.2%
2025 5.47779 ▼ −11.4% 6.22033 2 Jan 5.26892 12 Nov 5.58958 12.1%
2024 6.18471 ▲ +27.5% 6.28523 19 Dec 4.87196 12 Jan 5.38675 13.3%
2023 4.85231 ▼ −8.2% 5.44938 4 Jan 4.72022 31 Jul 4.99634 11.5%
2022 5.28652 ▼ −5.1% 5.69508 7 Jan 4.59331 5 Apr 5.16696 18.0%
2021 5.57134 ▲ +7.3% 5.84774 9 Mar 4.90669 25 Jun 5.39471 15.5%
2020 5.19395 ▲ +29.2% 5.92337 14 May 4.00876 2 Jan 5.15395 21.1%
2019 4.01967 ▲ +3.6% 4.25726 26 Nov 3.65956 31 Jan 3.94409 12.1%
2018 3.88122 ▲ +17.2% 4.19347 17 Sept 3.14804 26 Jan 3.65584 14.8%
2017 3.31268 ▲ +1.8% 3.33778 23 Jun 3.04187 16 Feb 3.19063 11.8%
2016 3.25444 — 4.15221 21 Jan 3.11553 25 Oct 3.48410 17.7%

Change = last fixing of the year against the last fixing of the previous year (2016 has no prior close in this record). Vol. = annualised standard deviation of daily log changes within the year. 2026 runs to 16 Oct 2026.

Since January 2016

USD/BRL ECB reference rate since January 2016USD/BRL from 4.03955 on 4 Jan 2016 to 5.08282 on 16 Oct 2026; highest 6.28523 on 19 Dec 2024, lowest 3.04187 on 16 Feb 2017. 3.03.54.04.55.05.56.06.5 201620182020202220242026
ECB reference fixings, thinned to about every fifth fixing for drawing; the tables use every fixing.

Largest one-day moves since 2016

DateFromToMove
19 May 20173.134873.33008▲ +6.23%
16 Mar 20204.686784.96379▲ +5.91%
9 Nov 20205.566305.25515▼ −5.59%
12 Mar 20204.664264.90044▲ +5.06%
5 Oct 20265.221384.98474▼ −4.53%

Moves are measured between consecutive ECB fixings, so a move after a holiday can span more than one calendar day.

Sources