Brazil Travel Guide - Money

Christ the Redeemer, Rio de Janeiro (C) 123rf.com/Christophe Schmid
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Currency

Real/Reais (BRL; symbol R$) = 100 centavos. Notes are in denominations of R$100, 50, 10, 5, 2 and 1. Coins are in denominations of R$1, and 50, 25, 10, 5, and 1 centavos.

Currency Exchange

All banks, cambios, travel agencies and authorised hotels exchange recognised traveller's cheques and foreign currency. The US Dollar is the most widely accepted foreign currency.

Credit/Debit Cards and ATMs

Most major international credit cards are accepted (Visa more so than other cards), though not universally. There is an extensive network of ATMs around the country.

Traveller's Cheques

Exchangeable at hotels, banks and tourist agencies. Tourists cannot exchange US traveller's cheques for US banknotes but they may, however, benefit from a 15% discount when paying hotel or restaurant bills in foreign currency or traveller's cheques. To avoid additional exchange rate charges, it is advised to take traveller's cheques in US Dollars.

Banking Hours

Mon-Fri 1000-1600.

Exchange Rate Indicators

DateJul 08
£1.00=R$3.18
$1.00=R$1.60
€1.00=R$2.53




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