Business · Markets · 4 hrs ago
Financial educator expects the dollar to rise further against Brazil's real
Financial educator Thiago Godoy expects the US dollar to rise further against Brazil's real in the coming years.
He said the dollar has mostly traded around 5 reais in recent years, after reaching 6.19 reais in December 2024 and falling below 5 in April this year.
The dollar's sustained decline was limited to 2003–2011, when it fell from 3.70 reais to 1.70, according to Godoy.
He said international crises can make investors seek the dollar as a safe option during periods of instability.
Godoy also pointed to strong returns on US government bonds and relatively high US interest rates, which can attract money to American investments.
Another investor said the dollar briefly traded at 5.78 reais on cryptocurrency platforms while traditional markets were closed, which he viewed as a sign of concern about Brazil's outlook.
These comments are a forecast, and no specific next step or outcome is stated.
Financial educator Thiago Godoy expects the US dollar to gain further against Brazil’s real in coming years.
He said international crises can make investors seek the dollar as a safe haven.
Godoy also pointed to high US Treasury yields and interest rates as factors attracting capital.
The dollar reached R$6.19 in December 2024, fell below R$5 in April 2026 and later rose to about R$5.48, according to the article.
- Who
- Thiago Godoy, a financial educator and presenter of Resenha do Dinheiro.
- What
- He expects the dollar to appreciate further against Brazil’s real.
- When
- He made the comments in an article published on November 14, 2026.
- Where
- Brazil’s foreign-exchange market; the currencies discussed are the US dollar and Brazilian real.
- Why
- He cited international instability, investor demand for safe assets and attractive US fixed-income returns.
This story does not have two clearly opposing sides.
The dollar fell from R$3.70 to R$1.70, the only sustained decline identified in Godoy’s broader historical analysis.
The dollar reached R$6.19.
The dollar fell below R$5.
The dollar rose to about R$5.48, according to the article.
- Forecast
- Godoy expects further dollar appreciation against the real
- December 2024
- Dollar reached R$6.19
- April 2026
- Dollar fell below R$5
- Later level
- Dollar rose to about R$5.48
- US interest rates
- 3.75% to 4%
What people are saying
I see, for several reasons, a very positive scenario for investors to continue diversifying into dollars.
If you analyze 2019 and 2020, the currency moved sideways over the last five years.