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The exchange rate between euros and reais is a crucial aspect to consider when traveling to or doing business in countries that use these currencies. The current exchange rate is approximately 5.5 reais per euro.
In Brazil, the inflation rate is around 10% per year, which means the value of the real decreases over time. This is a significant factor to consider when converting euros to reais.
To give you a better idea, let's look at an example: if you exchange 100 euros for reais, you would get around 550 reais, but due to inflation, the value of those reais would decrease over time.
For your interest: 5 Mil Dolares Em Reais
Historical Exchange Rates
The EUR/BRL rate has been on the rise, increasing by +8.22% in the last six months, making the Euro a stronger currency compared to the Brazilian Real.
If you're looking to see how exchange rates have changed over the years, you can view the rates between the Euro and the Brazilian Real for a particular year by clicking on one of the links below.
Here are the available years:
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
Taxas de Câmbio
The taxas de câmbio, or exchange rates, can be a bit tricky to navigate, but don't worry, I've got you covered.
The exchange rate of the Euro to Real is determined by the relationship between the Brazilian and British economies. This means that the exchange rate can fluctuate greatly from day to day.
For example, currently, 1 Euro is worth R$6.11, but this value can change rapidly due to various factors such as economic crises, inflation, and global market trends.
It's essential to consider the IOF, or Imposto sobre Operações Financeiras, which is a tax applied to international transactions. The IOF rate is 1.1% for cash transactions or transfers to the same account holder, and 0.38% for transactions with third-party accounts.
In the case of transactions made with credit, debit, or prepaid cards, the IOF rate is 0.38%. It's crucial to factor in these taxes when planning your international transactions.
The exchange rate can also vary depending on whether you're using the Euro for tourism or commercial purposes. The Euro turismo is used for transactions between banks and individuals, while the Euro comercial is used for international business transactions.
Explore further: 1 Euro in Zlotys
Exchange Rate Factors
The EUR to BRL exchange rate is influenced by a variety of factors.
Economic indicators, such as GDP growth, inflation, and interest rates, have a significant impact on the exchange rate. A country with a strong economy and high interest rates can attract investors and cause the value of its currency to rise.
Central bank decisions, like interest rate changes, can also affect the exchange rate. For example, if the European Central Bank lowers interest rates, it can make the euro less attractive to investors and cause its value to decrease.
Geopolitical events, such as elections and trade agreements, can also influence the exchange rate. These events can create uncertainty and cause investors to be cautious, leading to a decrease in the value of a currency.
Factors Affecting EUR to BRL Exchange Rate
The EUR to BRL exchange rate is influenced by a variety of factors. Economic indicators, such as GDP growth, inflation, and interest rates, can have a significant impact on the exchange rate.
In my experience, countries with strong economic growth tend to have a more stable exchange rate. GDP growth is a key indicator of a country's economic health, and it can affect the exchange rate by increasing demand for the currency.
Elections and trade agreements can also influence the exchange rate. These geopolitical events can create uncertainty and volatility in the foreign exchange market.
Central bank decisions, such as interest rate changes, can affect the exchange rate. For example, if a central bank raises interest rates, it can make the currency more attractive to investors, causing the exchange rate to appreciate.
Inflation
Inflation is a significant factor that affects exchange rates. The inflation rate in Brazil has been relatively low in recent months, with the IPCA (Indice da Pesquisa de Preços ao Consumidor Amplo) increasing by +0.52% in December 2024.
The IPC-FIPE, another measure of inflation, has been even lower, with a +0.34% increase in the same period. This suggests that prices have not been rising as quickly as they have in the past.
The INPC (Índice Nacional de Preços ao Consumidor) has also shown a moderate increase, with a +0.48% rise in December 2024. This indicates that prices for essential goods and services have been stable, but not decreasing.
The IGP-M (Índice Geral de Preços - Mercado) has been the highest among the four measures, with a +0.94% increase in December 2024. This may be due to changes in market conditions or supply and demand.
Here's a comparison of the four inflation measures in December 2024:
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