CAD vs BRL
🇧🇷1 CAD = 3.61 BRL
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
CAD / BRL| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About CAD / BRL
🇨🇦 CAD — Canadian Dollar
The Canadian Dollar, often called the 'Loonie' after the loon bird on the one-dollar coin, is the fifth most held reserve currency in the world. It is closely tied to commodity prices, especially oil.
🇧🇷 BRL — Brazilian Real
The Brazilian Real is the official currency of Brazil, the largest economy in South America. It was introduced in 1994 as part of an economic stabilization plan that successfully curbed hyperinflation.
Key Factors Affecting CAD/BRL
🇨🇦 CAD Drivers
- Crude oil and commodity prices
- Bank of Canada interest rate decisions
- US-Canada trade relations and USMCA
- Canadian housing market and employment data
🇧🇷 BRL Drivers
- Brazilian interest rate (Selic rate) decisions
- Commodity prices, especially soybeans and iron ore
- Political stability and fiscal policy
- Global emerging market sentiment
💡 Did You Know? — CAD
Canada's one-dollar coin features a common loon, which is why the Canadian dollar is nicknamed the 'Loonie.'
💡 Did You Know? — BRL
Before the Real was introduced in 1994, Brazil had changed its currency eight times in less than a century due to chronic hyperinflation.
Economy Overview
🇨🇦 Canada
Canada has a resource-rich economy with significant exports of crude oil, natural gas, and minerals. The Bank of Canada sets monetary policy independently from the US despite close economic ties.
🇧🇷 Brazil
Brazil has a diverse economy with strong agricultural exports (soybeans, coffee, beef), significant oil reserves, and a growing services sector. The Central Bank of Brazil sets monetary policy.