BRL/MXN
ExoticBrazilian RealMexican Peso
3.44358
+185.8 pips+0.54%
Bid
3.44358Ask
3.44358spread
0.0 pips24h Δ+0.54%
Price chart
Daily volatility
0.81%
0.00%2.00%
Medium volatility0.81%
52-week range
3.44
3.203.54
3.198803.443583.54060
30-day return
-1.46%
ConsolidatingKey correlation
Coming soon
24h volume
Global OTC (decentralized market)
About BRL/MXN
The BRL/MXN pair represents the exchange rate between Brazilian Real and Mexican Peso. This shows how many Mexican Pesos are needed to buy one Brazilian Real.
Currency converter
You send
You receive
1 BRL = 3.44358 MXN
Mid-market rate
Key statistics
24h volume
Global OTCAvg. spread
0.5-1.5 pipsPip value
$10 por lote estándarMargin req.
3.33%52-week range
High
3.540600
Low
3.198800
52-week range
3.4435803.1988003.540600
Low
3.198800
High
3.540600
Currency converter
You send
You receive
1 BRL = 3.44358 MXN
Mid-market rate
Key statistics
24h volume
Global OTCAvg. spread
0.5-1.5 pipsPip value
$10 por lote estándarMargin req.
3.33%52-week range
High
3.540600
Low
3.198800
52-week range
3.4435803.1988003.540600
Low
3.198800
High
3.540600
Frequently Asked Questions
The current BRL/MXN exchange rate is 3.4436, meaning 1 BRL equals 3.4436 MXN. The rate has increased by +0.54% in the past 24 hours.
BRL/MXN has dropped by -0.15% over the last week. The monthly change is a -1.46% drop.
The current spread for BRL/MXN is 0.0000, with a bid price of 3.4436 and an ask price of 3.4436. The spread represents the transaction cost for trading this currency pair.
BRL/MXN highest rate in the last year was 3.5406, and its lowest rate was 3.1988.
The BRL/MXN exchange rate is influenced by several macroeconomic factors including interest rate differentials between the central banks of Brazilian Real and Mexican Peso, inflation rates, GDP growth, trade balances, and geopolitical events. Monetary policy decisions by each country's central bank are typically the most significant driver of currency movements.
Investors in Latin America can access the forex market through international brokerage platforms and regulated forex brokers. Many platforms accept local payment methods and only require a valid government ID or passport to get started. Make sure to choose a regulated broker with transparent fee structures.
BRL/MXN can be traded during 24/5 (Sun 22:00 - Fri 22:00 GMT). The forex market operates nearly 24 hours a day during the business week, with the highest liquidity typically during the London and New York session overlap.
Many investors in Latin America hold hard currencies like BRL (Brazilian Real) as a hedge against local currency devaluation. If your local currency loses value relative to BRL, your holdings in BRL preserve their purchasing power. This is one reason why forex diversification is a common strategy for investors in regions with higher inflation.