Mighty real
A vitamin-enriched real – the Brazilian currency, reached on Friday an all-time high against the dollar. Not since 1999 had a real bought so many dollars. On Friday, 1 US dollar would buy you 1,5895 reais. 1 euro would buy 2,5194 reais (I’m mentioning here the “comercial” quotation of the dollar, for more info read also at this blog differences between “comercial”, “turismo” and “paralelo” dollars).
This is basically bad news for anyone planning a trip to Brazil. Irrespective of the evolution of prizes within Brazil, Brazil is a much more expensive country for anyone coming from Europe or the United States. To make matters worse, the current inflationary tide sweeping the world is being felt in earnest in Brazil. In a few months, food prices have gone up to 30% in some of the largest cities of Brazil. As a result, restaurants have increased their prices considerably in the last couple of months. I won’t even bother mentioning the rocketing airfare prices, another factor that will be heavily felt by visitors to the country.
More than ever, comparing prices is the name of the game.
At the money category of the blog you can read all the blog entries published on the subject.
Hello,
I am confused, I am going to Brazil in a few weeks and I can’t seem to get a straight answer on how far $1.00 will get me. I read something, dated today, that a man’s haircut will cost you $10 Reals which equals $3.50 American dollars…..can you give me a straight answer on this? Would be appreciated.
Cristina R$10 for a man’s haircut it’s a bit on the very cheap side. I’d go for R$20, but bear in mind that Brazil is the size of a continent, there are huge differences in prices, you can pay R$60 or up to $80 for a haircut depending on where you are. Have a look at the prices section of the blog.
Tony,
thanks for your reponse, what i really need to know is the comparison between an American dollar and a Real….I went to Italy last year and the dollar didn’t get you very far, can you do better in Sau Paulo? I know it changes daily, but I can’t figure out the difference, is the dollar worth more?
Cristina, you have the exchange rate for the Brazilian real at the bottom of the right column of the blog.
Thanks for the great travel blog