Currency exchange rate Brazilian Real against the OAX. Chart, history price and prediction on tomorrow, next month, 2023 year

On this page, you can always find detailed information about the Brazilian Real currency exchange rate against the OAX currency:
currency exchange rate history, background information, prediction and more about BRL/OAX

Chart of History of changes in the BRL/OAX exchange rate

BRL/OAX exchange rate on today

03 28, 2024
1 BRL = 0.9576762 OAX
▼ -4.38 %

This page provides information about the currency pair Brazilian Real/OAX, and more precisely about how much 1 Brazilian Real costs in OAX.

Data on the currency pair BRL/OAX are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair BRL/OAX and make a balanced decision about buying and selling the currency you are interested in.

The page also provides information about the dynamics of the exchange rate of Brazilian Real/OAX, statistics and prediction of the exchange rate of these currencies in the near future from our experts.

How to make a forecast for currencies and cryptocurrencies?

There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:

  1. Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.

  2. Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.

  3. Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.

  4. Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.

In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.

Change in the BRL/OAX exchange rate over the past 30 days

For the last 30 days (02 28, 2024 — 03 28, 2024) the Brazilian Real exchange rate against the OAX currency changed by -15.89% (1.138592 OAX — 0.9576762 OAX)

Change in the BRL/OAX exchange rate over the past 90 days

For the last 90 days (12 30, 2023 — 03 28, 2024) the Brazilian Real exchange rate against the OAX currency changed by -15.74% (1.136636 OAX — 0.9576762 OAX)

Change in the BRL/OAX exchange rate over the past 365 days

For the last 365 days (03 30, 2023 — 03 28, 2024) the Brazilian Real exchange rate against the OAX currency changed by 53.76% (0.62282056 OAX — 0.9576762 OAX)

Change in the BRL/OAX exchange rate for all time

For all the time our site has been running (04 10, 2020 — 03 28, 2024) the Brazilian Real exchange rate against the OAX currency changed by -84.26% (6.084132 OAX — 0.9576762 OAX)

Brazilian Real/OAX price prediction

Brazilian Real/OAX price prediction for the next 30 days*

29/03 0.93021205 OAX ▼ -2.87 %
30/03 0.91845909 OAX ▼ -1.26 %
31/03 0.86841776 OAX ▼ -5.45 %
01/04 0.82552813 OAX ▼ -4.94 %
02/04 0.81623712 OAX ▼ -1.13 %
03/04 0.80475444 OAX ▼ -1.41 %
04/04 0.83653136 OAX ▲ 3.95 %
05/04 0.84330936 OAX ▲ 0.81 %
06/04 0.79729081 OAX ▼ -5.46 %
07/04 0.74708646 OAX ▼ -6.3 %
08/04 0.72000234 OAX ▼ -3.63 %
09/04 0.73627784 OAX ▲ 2.26 %
10/04 0.72950665 OAX ▼ -0.92 %
11/04 0.69195531 OAX ▼ -5.15 %
12/04 0.66851949 OAX ▼ -3.39 %
13/04 0.66920372 OAX ▲ 0.1 %
14/04 0.72266164 OAX ▲ 7.99 %
15/04 0.81913867 OAX ▲ 13.35 %
16/04 0.8746052 OAX ▲ 6.77 %
17/04 0.88409821 OAX ▲ 1.09 %
18/04 0.95252277 OAX ▲ 7.74 %
19/04 0.99969521 OAX ▲ 4.95 %
20/04 0.97234958 OAX ▼ -2.74 %
21/04 0.93647959 OAX ▼ -3.69 %
22/04 0.79492967 OAX ▼ -15.12 %
23/04 0.86897918 OAX ▲ 9.32 %
24/04 0.87835812 OAX ▲ 1.08 %
25/04 0.87665821 OAX ▼ -0.19 %
26/04 0.86902716 OAX ▼ -0.87 %
27/04 0.88125595 OAX ▲ 1.41 %

* — Price prediction of the Brazilian Real/OAX currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.

Brazilian Real/OAX price prediction for the next 3 months*

01/04 — 07/04 0.95929326 OAX ▲ 0.17 %
08/04 — 14/04 1.010544 OAX ▲ 5.34 %
15/04 — 21/04 0.97390897 OAX ▼ -3.63 %
22/04 — 28/04 1.034863 OAX ▲ 6.26 %
29/04 — 05/05 0.96079632 OAX ▼ -7.16 %
06/05 — 12/05 0.80919409 OAX ▼ -15.78 %
13/05 — 19/05 0.83425563 OAX ▲ 3.1 %
20/05 — 26/05 0.63525711 OAX ▼ -23.85 %
27/05 — 02/06 0.56541052 OAX ▼ -11 %
03/06 — 09/06 0.68459693 OAX ▲ 21.08 %
10/06 — 16/06 0.64153102 OAX ▼ -6.29 %
17/06 — 23/06 0.64044457 OAX ▼ -0.17 %

Brazilian Real/OAX price prediction for the next year*

04/2024 0.90290741 OAX ▼ -5.72 %
05/2024 1.345385 OAX ▲ 49.01 %
06/2024 2.11324 OAX ▲ 57.07 %
07/2024 2.215027 OAX ▲ 4.82 %
08/2024 3.671792 OAX ▲ 65.77 %
09/2024 2.498214 OAX ▼ -31.96 %
10/2024 2.24553 OAX ▼ -10.11 %
11/2024 2.44311 OAX ▲ 8.8 %
12/2024 2.497657 OAX ▲ 2.23 %
01/2025 2.763413 OAX ▲ 10.64 %
02/2025 2.014509 OAX ▼ -27.1 %
03/2025 1.896515 OAX ▼ -5.86 %

Brazilian Real/OAX exchange rate statistics

For 30 days
Minimum 0.85904006 OAX
Maximum 1.150767 OAX
Weighted Average 1.001144 OAX
For 90 days
Minimum 0.85904006 OAX
Maximum 1.38708 OAX
Weighted Average 1.192621 OAX
For 365 days
Minimum 0.53910452 OAX
Maximum 2.020074 OAX
Weighted Average 1.159115 OAX

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Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department