The exchange rate shown here is the PTAX rate, published daily by Brazil's Central Bank. The PTAX is the official reference rate for contracts, taxes, and financial statements in Brazil.
The PTAX is calculated from interbank market transactions and published via the Central Bank's SGS (Time Series Management System).
For investors, the USD/BRL rate is relevant for BDRs, US stocks, currency-hedged funds, and for pricing dollar-denominated commodities.
Frequently asked questions
What is the PTAX rate?
The PTAX is the reference exchange rate published by Brazil's Central Bank, calculated from interbank market transactions.
What is the difference between commercial dollar and PTAX?
The PTAX is the official Central Bank rate. The commercial dollar is the rate charged by brokers and banks, which include a spread over the PTAX.
How to invest linked to the dollar?
BDRs, US stocks, currency funds, and dollar ETFs are ways to gain exposure to USD/BRL variation.