During her forty years' career, Fernanda Montenegro was awarded with the following prizes:
From 1955 to 1959
- Best Actress in Our Life with Father granted by the Theatre Critics' Association.
- Best Actress in To Dress the Naked granted by the State of São Paulo Government.
- Best Actress in To Dress the Naked granted by Theatre Critics' Association
From 1956 to 1962
- All prizes instituted by TV magazines and specialized critics by her work in the Great Tupi Theatre Play Program
- 1962 - Best Actress granted by the Critics' Association of Rio de Janeiro.
- 1963 - Best Actress by her work in Mary, Mary, granted by the Brazilian Critics' Association.
- 1964 - Best Actress trophy granted by the São Paulo State Government
- 1964 - Best Actress Prize of the First Cinema Festival of Brasilia.
- 1964 - Special Prize of the International Cinema Festival of Rio.
- 1965 - Molière Prize as actress in Rio.
- 1967 - Molière Prize as the best actress by her work La Parisienne and O Homem do Princípio ao Fim.
- 1967 - Best Actress - Roquete Pinto Prize.
- 1970 - The Golden Dolphin as a personality of the theatre.
- 1970 - Best Film Medal by her work in the movie play "Em Família" in the Moscow Cinema Festival.
- 1976 - Best Actress Trophy awarded by the Theatre Critics' Association of the São Paulo
- 1976 - São Paulo State Government Prize for her work "Seria Cômico...Se Não Fosse Sério".
- 1976 - Molière Prize by her work More Stately Mansions.
- 1977 - Best Actress Prize of Taormina Festival in Italy and the Molière as the best movie actress in Tudo Bem.
- 1977 - Best Actress trophy awarded by an association which sells tickets to subscribers.
- 1980 - Golden Lion of the Venice Festival for her performance in the film
Eles não Usam Black Tie.
- 1980 - Actress who most contributed to the theatre granted by the Association of Theatre Producers.
- 1982 - Special Molière prize as the best actress in "As Lágrimas Amargas de Petra von Kant".
- 1983 - Special Molière by her work in "As Lágrimas Amargas de Petra von Kant".
- 1987 - Molière as the best actress in "Dona Doida".
- 1998 - Best Actress prizes for her role in "Central Station"
- 1998 - Silver Bear - Berlim Cinema Festival
- 1998 - Critics Prize at Fort Lauderdale's Movie Festival (USA)
- 1998 - Best Actress of the Year by National Board of Review (USA)
- 1998 - Best Actress Festival Internacional del Cine de Havana - Cuba
- 1998 - Best Actress of the Year - Los Angeles Film Critics (USA)
Commends
- 1971 - Comenda da Ordem do Cruzeiro do Sul, conceeded by the Brazilian Government for her works in the country's cultural field.
- 1983 - Chevalier des Arts e des Lettres (France).
- 1984 - Grande Medalha da Inconfidência (Governo Trancredo Neves).
- 1985 - Comendador da Ordem de Rio Branco - Grau Cavaleiro.
- 1985 - Medalha Maria Quitéria - Salvador.
- 1992 - Medalha de Mérito Cultural - Portugal.
- 1993 - Ordem do Mérito da Bahia no grau Comendador - Salvador.
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