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  1. 445 Posts.
    Hi all, here's the latest list of the monthly average USD-BRL exchange rate for 2017. It gives a glimpse of how BDR might be faring in Q4 with the ongoing and vexed USD-BRL exchange loss.

    In reviewing the monthly trend in the list, it seems like BDR may be enjoying the best exchange rates for the FY in this qtr. About time.
    • Q1
    • Jan 3.200504 – 31 days
    • Feb 3.106244 – 28 days
    • Mar 3.198489 – 31 days
    • Q2
    • Apr 3.140186 – 30 days
    • May 3.203891 – 31 days
    • Jun 3.293136 – 30 days
    • Q3
    • Jul 3.209531 – 31 days
    • Aug 3.153681 – 31 days
    • Sep 3.130287 – 30 days
    • Q4
    • Oct 3.186840 – 31 days
    • Nov 3.263253 – 30 days
    • Dec 3.263871 – 11 days (NB: at time of posting on HC, the published rate for 12 Dec is 3.3038 - per Bloomberg Markets)
    (Source: http://www.x-rates.com/average/?from=USD&to=BRL&amount=1&year=2017)

    I'm doubt that anyone can predict with much accuracy the long-term USD-BRL exchange rates. But the Economy Forecast Agency believes otherwise. For the curious amongst us, here's their forecast for 2018. Looking good too.

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
    0 Month Open Low-High Close Mo,% Total,%
    1 2017
    2 Dec[/B] 3.272 3.220-3.401 3.351 2.4% 2.4%
    3 2018
    4 Jan[/B] 3.351 3.347-3.449 3.398 1.4% 3.9%
    5 Feb 3.398 3.349-3.451 3.400 0.1% 3.9%
    6 Mar 3.400 3.400-3.555 3.502 3.0% 7.0%
    7 Apr 3.502 3.466-3.572 3.519 0.5% 7.5%
    8 May 3.519 3.490-3.596 3.543 0.7% 8.3%
    9 Jun 3.543 3.385-3.543 3.437 -3.0% 5.0%
    10 Jul 3.437 3.437-3.575 3.522 2.5% 7.6%
    11 Aug 3.522 3.522-3.637 3.583 1.7% 9.5%
    12 Sep 3.583 3.583-3.695 3.640 1.6% 11.2%
    13 Oct 3.640 3.600-3.710 3.655 0.4% 11.7%
    14 Nov 3.655 3.552-3.660 3.606 -1.3% 10.2%
    15 Dec 3.606 3.446-3.606 3.498 -3.0% 6.9%

    (Source: https://longforecast.com/brazilian-real-forecast-2017-2018-2019-2020-2021-usd-brl)

    Cheers, R.
 
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