# Brazil's real strengthens 21.5 pct in 2016, the most in 7 years

> The Brazilian real strengthened 21.5 percent in 2016, its biggest annual gain in seven years and the first gain after a five-year losing streak. The currency closed up 1 percent on Dec 29 at 3.2492 reais per dollar, with gains attributed to hopes that President Michel Temer would curb public spending after Dilma Rousseff's ouster.

- Date: 2016-12-29 · published 2016-12-29T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/73672-brazil-s-real-strengthens-21-5-pct-in-2016-the-most-in-7-years
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A stronger real makes Brazilian soymeal, corn and DDGS cheaper in dollar terms for importers, which can support Brazilian export competitiveness less and weigh on Brazilian farm-gate returns. Continued real strength would be mildly bearish for Brazilian export prices in dollar terms.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2025-02-03 | [Brazil's real sets longest streak of gains in 20 years](https://feedsoft.ai/events/26255-brazil-s-real-sets-longest-streak-of-gains-in-20-years.md) | -0.9% | +0.8% |
| USDBRL | 2025-09-18 | [Brazilian Real Strengthens to Over 1-Year High](https://feedsoft.ai/events/23089-brazilian-real-strengthens-to-over-1-year-high.md) | +0.2% | +2.4% |
| USDBRL | 2017-01-17 | [Brazil real strengthens 1 pct as central bank resumes intervention](https://feedsoft.ai/events/73168-brazil-real-strengthens-1-pct-as-central-bank-resumes-intervention.md) | -1.2% | -3.1% |
| USDBRL | 2025-12-03 | [Brazilian Real Strengthens for 2nd Session](https://feedsoft.ai/events/8058-brazilian-real-strengthens-for-2nd-session.md) | +1.8% | +2.5% |
| USDBRL | 2025-11-06 | [Brazil's real strengthens following rate pause; Mexico's verdict in focus — TradingView News](https://feedsoft.ai/events/22160-brazil-s-real-strengthens-following-rate-pause-mexico-s-verdict-in-focus.md) | -1.3% | +1.0% |

## Sources

- reuters.com: https://www.reuters.com/article/brazil-forex-idUSE6N1DJ00U/?feedName=usDollarRpt&feedType=RSS

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