Convert EUR to BRL - Euro to Brasilien real Exchange Rate | FX LeadersFX Leaders
Prices update in real time
POPULAR CURRENCY CONVERTERS
<% signal.Current.pair %> <% signal.Current.rate %>
WHAT IMPACTS THE EUR/BRL EXCHANGE RATE
The EUR/BRL currency pair trades the Euro against the Brazilian real, and when traded properly, can offer up several pips in profit. Placing successful trades in this currency pair requires forex traders to have a keen understanding of emerging markets and the Latin American region, in addition to expertise in using various technical indicators to perform historical analysis before formulating trade strategies.The EUR and the BRL see significant movement upon the release of important economic data out of the Eurozone and Brazil, including GDP, trade balance, employment, manufacturing activity and consumer confidence. The exchange rate of EUR/BRL also gets affected by decisions of the central banks, the European Central Bank and the Central Bank of Brazil, on changes to the monetary policy or interest rates.In addition, the Brazilian real also experiences volatility on changes to Brazil's credit rating as well as key economic developments in the Latin American region. The BRL is also a commodity currency as Brazil is a key exporter of several commodities, including iron ore, crude oil and agricultural products, and any changes to the prices of these commodities can also drive movements in this currency pair.
EUR to BRL CONVERSION RATES
EUR
BRL
<% amount * currencies.converter.rate |toFixed: 4 %> BRL
BRL
EUR
<% amount / currencies.converter.rate |toFixed: 4 %> EUR
EUR to BRL CHARTS
EUR/BRL Live Chart
EUR/BRL Historical Chart
EUR to BRL EXCHANGE RATE - FAQ
What are the historical highs and lows for EUR/BRL in 2020?

The EUR/BRL touched a high of 6.6595 on 2 October 2020 - the highest level seen so far this year. The weakest level this forex pair has traded at so far this year was on 2 January 2020, when it touched a low of 4.4985.

How does weather impact the value of the BRL?

The economy of Brazil is heavily dependent on agriculture, and it is one of the leading agricultural commodity producers in the world. Poor weather conditions that impact the production of agricultural products, especially its key exports like sugar cane and coffee, can hamper the contribution of this sector towards the GDP. When agricultural production is hampered, it weakens the economy and the value of the Brazilian real as well.

How safe is it for new forex traders to trade EUR/BRL?

This exotic cross currency pair offers ample opportunities to generate profits, when traded carefully. A highly volatile pair, the emerging market currency BRL can see sudden moves due to fundamentals, making it a difficult pair to trade for newbie traders.