# Brazilian Real (BRL USD) Price Quote Strongest Since March 2020 - Bloomberg

> The Brazilian real strengthened to as much as 4.7663 per dollar on March 24, its highest level since March 2020. The currency has risen more than 16% year to date, the largest gain among 31 major currencies. Brazilian stocks have also rallied strongly in dollar terms, drawing foreign inflows.

- Date: 2022-03-24 · published 2022-03-24T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/42471-brazilian-real-brl-usd-price-quote-strongest-since-march-2020-bloomberg
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A stronger real makes Brazilian exports priced in dollars less competitive for buyers paying in reais, while a firmer real can ease local feed import costs. Commodity-driven inflows reflect high commodity prices supporting Brazil's export economy.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2026-02-23 | [Brazilian Real Hits Strongest Since May 2024](https://feedsoft.ai/events/20791-brazilian-real-hits-strongest-since-may-2024.md) | -0.9% | +2.0% |
| USDBRL | 2025-05-20 | [Banks start forecasting stronger Brazilian real](https://feedsoft.ai/events/24895-banks-start-forecasting-stronger-brazilian-real.md) | +0.2% | -2.9% |
| USDBRL | 2019-11-26 | [Brazil Intervenes Twice to Prop Up Real After Fall to Record - Bloomberg](https://feedsoft.ai/events/56272-brazil-intervenes-twice-to-prop-up-real-after-fall-to-record-bloomberg.md) | -0.5% | -3.1% |
| USDBRL | 2023-04-11 | [Strong dollar inflows support Brazilian real](https://feedsoft.ai/events/36624-strong-dollar-inflows-support-brazilian-real.md) | -2.7% | -1.8% |
| USDBRL | 2023-11-16 | [Strong dollar inflows support Brazilian real](https://feedsoft.ai/events/33375-strong-dollar-inflows-support-brazilian-real.md) | +0.6% | +0.8% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-03-24/brazilian-real-climbs-to-strongest-level-since-march-2020

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