# Exchange rate trend and its inflation impact

> The Brazilian real has strengthened this year, closing at R$5.1758 per dollar on February 20, the lowest since May 2024. Analysts see the dollar possibly approaching R$5 in the short term but warn elections and external volatility could push it higher in the second half.

- Date: 2026-02-23 · published 2026-02-23T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/20793-exchange-rate-trend-and-its-inflation-impact
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Currency strength lowers Brazil's inflation pressure and affects the dollar-denominated export pricing of Brazilian grains and meals relevant to feed buyers.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2025-09-18 | [UBS BB cuts exchange rate forecasts, sees firmer real on US easing and Brazil’s rates](https://feedsoft.ai/events/23092-ubs-bb-cuts-exchange-rate-forecasts-sees-firmer-real-on-us-easing-and-brazil-s.md) | +0.2% | +2.4% |
| USDBRL | 2022-04-08 | [Brazil Exchange Rate April 2022 - FocusEconomics](https://feedsoft.ai/events/42060-brazil-exchange-rate-april-2022-focuseconomics.md) | -1.2% | +6.0% |
| USDBRL | 2019-01-11 | [Brazil Exchange Rate January 2019 - FocusEconomics](https://feedsoft.ai/events/61298-brazil-exchange-rate-january-2019-focuseconomics.md) | +2.0% | +2.0% |
| USDBRL | 2024-10-31 | [Brazil's strong labor market fuels inflation fears ahead of expected rate hike](https://feedsoft.ai/events/28084-brazil-s-strong-labor-market-fuels-inflation-fears-ahead-of-expected-rate-hike.md) | -1.3% | +3.8% |
| USDBRL | 2020-03-19 | [The Fed is extending its currency exchange program to more central banks around the world](https://feedsoft.ai/events/54307-the-fed-is-extending-its-currency-exchange-program-to-more-central-banks-around.md) | -1.1% | +2.8% |

## Sources

- valorinternational.globo.com: https://valorinternational.globo.com/commentary/sergio-lamucci/commentary/exchange-rate-trend-and-its-inflation-impact.ghtml

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.